April 2023

CREB, April 2023 - Sales activity has behaved as expected through the start of 2023 and slowed by 43 per cent over last year’s all-time record-high performance in the first quarter. The steeper decline in the first quarter was expected, given the surge in sales last year, as purchasers were eager to enter the market ahead of expected rate gains.

“Wh...

There are several differences between attached and detached infill homes. The most apparent difference between the two is that semi-detached infill homes are constructed in pairs and share a common wall with one another. Detached infill homes, on the other hand, do not share a common wall and do not necessarily have to be constructed in pairs.

Pairs...

New infills post better than expected sales performance during the month of March despite low inventory levels.

Single-family new infills posted 54 sales during the month of March, considerably up from the 30 sales recorded last month and also up from the 44 sales recorded in March of last year.

Single-family new infill inventory decreased slightly t...