Welcome to the February addition of the Anderson Bruni Real Estate Team monthly Blog!

We believe that keeping you informed and educated on the historical data empowers you to make the wisest of decisions with your largest and most valuable asset both now and in the future.  Moving into the new year the housing market is beginning to pick up with the number of transactions increasing on a month-over-month basis in almost all regions in our area.

Durham Region saw a 37% increase on a year-over-year basis from 394 transactions in January 2023 to 539 transactions in January 2024. Average price also increased slightly from $886,849 to $894,825. Click here to view the Durham Region Housing Report: 

Hastings Region saw a small increase in average price from $517,314 in January 2023, to $533,548 in January 2024. However, number of transactions saw a decrease from 109 to 100 over the same time frame.

Kawartha Lakes showed 51 transactions in January 2024, a slight increase compared to 49 transactions in January 2023. We also saw an increase in average price from $691,718 to $702,016.

Northumberland Region showed 82 transactions in January 2024, a significant 61% increase compared to December 2023. We also saw an increase in average price from $679,381 to $709,097.

Peterborough Region also showed an increase in transactions of 17% from 97 in January 2023 to 114 in January 2024. Average price also increased from $609,351 to $639,228 over the same time frame.

DISCLAIMER: The data for these stats have formulated with all due care, the Anderson Bruni Real Estate Team does not warrant or represent that the data is free from errors or omissions or that is exhaustive. The data represented by the Canadian Real Association, in cooperation with the Toronto Real Estate Board.

CLAR President Vicki Sweeney states “We are thrilled to see the housing market heating up with increased transactions across almost every area. Buyers are out and actively seeking homes.”

“We are encouraged to see that Peterborough is ahead of the curve in housing starts. The issuance of permits for construction on 435 housing units in 2023, surpassing the City’s provincial targets, reflects their commitment to supporting the local housing industry. As well, Oshawa had its second strongest City building year on record in 2023 marked by all-time industrial building records. We look forward to seeing how all regions in our area continue work to support the housing industry” states CLAR CEO Wendy Giroux.

The Anderson Bruni Real Estate Team 2nd Annual Family Skate Day Client Appreciation Event is this Saturday, February 10th!

We are so excited and looking forward to seeing you all at one of our most popular events of the year!  Don't forget to fill out a ballot once you arrive for a chance to win a prize! Remember that regular leisure skating rules will apply. Children six years and younger are required to wear a C.S.A. approved hockey helmet. 

Dates to remember:

Saturday, February 10th - Lunar New Year/Anderson Bruni Real Estate Team Family Skate Day Event

Tuesday, February 13th - Mardi Gras 

Wednesday, February 14th - Valentine's Day/Ash Wednesday

Monday, February 19th -  Family Day

As always, we are sincerely grateful for the opportunity to serve your real estate needs, and those of your family and friends, neighbours and co-workers.  It is a constant thrill to receive personal recommendations from our clients, and we have been so fortunate to be able to build our business on our name and reputation – and it’s all thanks to you!