With the average house in Greater Sudbury hovering north of $450,000, real estate is down approximately 12 per cent from its peak in April 2022
Housing prices in Greater Sudbury are down approximately 12 per cent from their latest peak in April 2022.
There are currently fewer than 100 listings in the city and a total of 200 when also including the outlying area, which Haight described as “extremely low compared to the normal times, when you might see 500 to 700 listings at a given time.” The area of greatest demand at the moment is single-family houses — the “bread and butter” of the local real estate market, Haight said.
With 108 units sold in December 2022, the month’s sales were down 21.3 per cent below the five-year average and 14.1 per cent below the 10-year average for the month of December.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sudbury nurse practitioners call on province to boost fundingToo many Ontario residents still relying on 'piecemeal' primary care at walk-in clinics and emergency rooms said Sudbury nurse practitioner
Read more »
Stellar safety record earns provincial award for Sudbury firmNorthern Equipment Rentals & Rigging recognized by Workplace Safety and Insurance Board
Read more »
No asbestos found in New Sudbury fire station testsThe New Sudbury fire/paramedic station was built in 1974, and a municipal report cautioned contractors that all drywall joint compound should be ‘considered asbestos-containing’
Read more »
Sudbury Burlesque wants to be your ‘Va-Va-Valentine’Bring your love out for a bit of burlesque fun Feb. 9-17
Read more »
Sudbury gas at 154.9 at most stationsBut there could be a price spike coming today
Read more »
Black History Month in Sudbury: 28 days of celebrationGroups and organizations in Greater Sudbury have organized a month of activities and events that highlight the contributions of Black Canadians to their communities and their country
Read more »