DURHAM REGION (WHITBY, OSHAWA, COURTICE, BROOKLIN) HOME SALES - JULY, 2010

 At the mid-point of 2010, sales are still up 23% over the first six months of 2009, but sales numbers are beginning to trend downwards as the market settles from its earlier 2010 peaks, influenced by the prospect of higher mortgage rates, the HST and the usual summer slow down.

With 2,461 active resale home listings in June, the mid-year 2010 total of 10,163 listings is also up 18% annually, while the average June selling price of $304,278 came in 8% higher than the average for the same period in 2009.

Moving forward through the second half of 2010, a combination of more home choices and a more moderate sales pace will likely keep the average price growth down to single digits.

Find Out What's Taxable Under The HST and What's Not.  Clink on the Link below:

http://www.rev.gov.on.ca/en/taxchange/pdf/taxable.pdf