Sales in February fell 5.3 percent year over year. February saw an 20.1 percent decrease in inventory levels year over year. With 263 units in inventory and 90 sales, the months of supply for February fell to 2.92 months, and was down 15.6% year over year. Year-over-year average prices are down 0.1 percent. Prices were down 1.1% for detached but up for semi-detached (15%), apartments (7.7%), and row (9.1%).

Sales in January fell 14.3 percent year over year. Decembersaw an 18.4 percent decrease in inventory levels year over year. With 268 units in inventory and 60 sales, the months of supply for January rose to 4.47 months, and was down 9.1% year over year. Year-over-year average prices are down 3.4 percent. Prices were up 7% for detached but down for semi-detached (-52%), apartments (-24%), and row (-4%).

Sales in December increased 22.8 percent year over year. December saw a 23.8 percent decrease in inventory levels year over year. With 240 units in inventory and 70 sales, the months of supply for December fell to 3.43 months, and was down 38 year over year. Year-over-year average prices are down 0.3 percent. Prices for all property types were up except for row housing, rising for detached (3.3%) semi-detached (26%) and
apartments (9.4%) but falling for row (-24%).

Sales in November decreased 22.3 percent year over year. Novembersaw a 22.3 percent decrease in inventory levels year over year. With 303 units in inventory and 87 sales, the months of supply for November fell to 3.48 months, and was steady year over year. Year-over-year average prices are up 8.3 percent. Prices for property types diverged, rising for detached (7%) and semi-detached (8%) but falling for row (-16%) and apartments (-2%).

Sales in October decreased 1 percent year over year. October saw a 16.7 percent decrease in inventory levels year over year. With 366 units in inventory and 98 sales, the months of supply for October fell to 3.73 months, and was down 19.3% year over year. Year-over-year average prices are down 7.6 percent. Prices for property types
diverged, rising for row (7%) and semi-detached (10%) but falling for detached (-4.5%) and apartments (-11%).

Sales in September increased 2.8 percent year over year. September saw a 4.4 percent increase in new listings, leading to a 17.5 percent decrease in inventory levels year over year. With 410 units in inventory and 110 sales, the months of supply for September fell to 3.73 months, and was down 20% year over year. Year-over-year average prices are down 1.6 percent. Prices for property types diverged, rising for apartments (2%) and detached (4.5%) but falling for row (-9.4%) and semi-detached (-10%).

Sales in August increased 2.9 percent year over year. August saw a 8.4 percent decrease in new listings, leading to a 21 percent decrease in inventory levels year over year. With 421 units in inventory and 107 sales, the months of supply for August fell to 3.93 months, and was down 23% year over year. Year-over-year average prices are up 5 percent. Prices for property types diverged, rising for apartments (0.9%) and detached (2.4) but falling for row (-0.7%) and semidetached (-20%).

Sales in July decreased 10 percent year over year. July saw a 24.2 percent decrease in new listings, leading to a 20.8 percent decrease in inventory levels year over year. With 430 units in inventory and 108 sales, the months of supply for June fell to 3.98 months, and was down 12% year over year. Year-over-year average prices are up 4 percent. Prices fell across most property types, rising for apartments (10.1%), but falling for row (-3.3%) semi-detached (-3%), and detached (-3.4%).

Sales in June decreased 2.5 percent year over year. June saw a 13 percent decrease in new listings, leading to a 11 percent decrease in inventory levels year over year. With 461 units in inventory and 119 sales, the months of supply for June fell to 3.87 months, and was down 9.3% year over year. Year-over-year average prices are down 3.7 percent. Prices rose across most property types, rising for semi detached housing (36%), row (6%) and for apartment (2%), but falling for detached (-2%).

Sales in May decreased 1.8 percent year over year. May saw a 20 percent increase in new listings, leading to a 6.9 percent decrease in inventory levels year over year. With 459 units in inventory and 109 sales, the months of supply for May rose to 4.21 months, but was down 5.2% year over year. Year-over-year average prices are up 7.8 percent. Prices rose across most property types, rising for semi detached housing (8%) and row (20%) and falling for apartment (-14%) and detached (-2%).

Sales in April increased 5.5 percent year over year. April saw a 12.1 percent decrease in new listings, leading to a 13.9 percent decrease in inventory levels year over year. With 403 units in inventory and 134 sales, the months of supply for April fell to 3.01 months, and was down 18.4% year over year. Year-over-year average prices are up 6.7 percent. Prices rose across property types, rising for semi detached housing (15%), detached (2.5%), row (5.3%) and apartment (3.2%).

Sales in March increased 18.9 percent year over year. March saw a 17.6 percent increase in new listings, leading to a 13 percent decrease in inventory levels year over year. With 381 units in inventory and 113 sales, the months of supply for March fell to 3.37 months, and was down 27% year over year. Year-over-year average prices are up 4 percent. Prices fell for semi detached housing (-9%), but rose for detached (10%), row (22%) and apartment (8%).

Sales in February increased 4.4 percent year over year. February saw a 22.9 percent drop in new listings, leading to a 19.4 percent decrease in inventory levels year over year. With 328 units in inventory and 95 sales, the supply for February fell to 3.45 months, and was down 22.8% year over year. Year-over-year average prices are up 6.3 percent. Prices fell for row housing, but rose for detached, semi-detached and apartment.

Sales in January increased 40 percent year over year. January saw a 3.9 percent drop in new listings, leading to a slight decrease in inventory levels year over year. With 344 units in inventory and 79 sales, the supply for January fell to 4.91 months, and was down 34% year over year. Year-over-year average prices are down 1 percent. Prices fell for row housing, but rose for detached, semi-detached and apartment.

Sales in December fell 21.9 percent year over year, but finished up for the year. Year to-date sales increased by 15 percent. December saw an 11 percent drop in new listings, dropping more than sales leading to a slight decrease in inventory levels year over year. With 316 units in inventory and 57 sales, the supply for December rose to
5.54 months, and was up 22% year over year. Year-to-date average prices are up 4 percent but average prices are down 2 percent year over year. Prices fell for row and semi detached, but rose for detached and
apartment.

Sales in November increased 41.8 percent year over year, resulting in a increased year-to-date sales growth of 18 percent. November saw a 13 percent drop in new listings, but higher sales led to a slight decrease in inventory levels year over year. With 391 units in inventory and 112 sales, the supply for November fell to 3.49 months, and was down 34% year over year.

Sales in October increased 39.4 percent year over year, resulting in an increased year-to-date sales growth of 16 percent. October saw a 7.6 percent jump in new listings, but higher sales led to a slight decrease in inventory levels year over year. With 458 units in inventory and 99 sales, the supply for October head steady at 4.6 months, but was down 29.2% year over year. Year-to-date average prices are up 4 percent and average prices are up 31.3 percent year over year. Prices have increased for across property types year-over-year except a 1% drop in semi detached. Prices are down 33 percent year-to-date for semi-detached homes

Sales in September increased 20.2 percent year over year, resulting in a increased year-to-date sales growth of 14 percent. September saw a 3.1 percent drop in new listings, which led to slight decrease in inventory levels year over year. With 496 units in inventory and 107 sales, the supply for September fell slightly to 4.6 months.

Sales in August increased 4 percent year over year, resulting in a increased year-todate sales growth of 4 percent. This growth was largely driven by gains in apartment and semi-detached units. August saw a 2 percent increase in new listings, which led to slightly higher inventory levels year over year. With 532 units in inventory and 178 sales, the supply for July increased to 5.1 months, compared to 4.5 months in June.

Sales in July increased 29 percent year over year, resulting in a year-to-date sales growth of 14 percent. This growth was largely driven by gains in detached and row-style units. June saw a 37 percent increase in new listings, which led to slightly higher inventory levels year over year. With 541 units in inventory and 120 sales, the supply for July increased to 4.5 months, compared to 4.2 months in June.

Sales in June increased 17 percent year over year, resulting in a year-to-date sales growth of 12 percent. This growth was largely driven by gains in detached and row-style units. June saw a 1 percent decline in new listings, which led to lower inventory levels year over year. With 516 units in inventory and 124 sales, the supply for June decreased to 4.2 months, compared to 4.4 months in May.

Sales in May declined slightly, resulting in a year-to-date growth of nearly 11 per cent. This growth was largely driven by gains in detached and row style units. May saw a slight decline in new listings, which led to slightly higher inventory levels. With 493 units in inventory and 111 sales, the supply for the month of May increased to 4.4 months.

Sales in April increased, resulting in a year-to-date growth of nearly 19 per cent. This growth was largely driven by gains in detached and row style units, primarily in homes priced below $700,000. Although April saw a rise in new listings, it was not substantial enough to significantly alter inventory levels. With 481 units in inventory and 127 sales, the supply for the month of April dropped to less than four months.

Sales in March improved over last years levels contributing to the year-todate gain of 11 per cent. At the same time new listings have eased compared to last year and the sales-to-new listings ratio has increased to 56 per cent in March. A more balanced position of sales and new listings prevented any significant shift in inventory levels and the months of supply which remained below five months.

February reported a surge in sales, offsetting the pullbacks reported last month and contributing to the year-to-date sales growth of seven percent. The growth in sales was driven mostly by gains in single-family detached homes. At the same time, new listings improved, supporting typical monthly inventory gains, but levels still remained lower than last year.