Week in Review Jan 28th-Feb 4th 2011
New listings – 191
Sold Listings – 115
Conditional Sold Listings – 82
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The graph below shows the number of sales by week for the last 3 years. As evident from this graph we are moving along at the same pace of sales as 2009. The reason for the big changes in 2010 can be atrributed to the new mortgage rules that came into affect last year(April) that helped spike the market with buyers rushing to get in before the changes took hold.
Figure 1. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
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The graph below shows the average price by week for the last 3 years. Again, average price is below 2010 levels but slightly above 2009.
Figure 2. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
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-Week in Review Jan 21st-Jan 28th 2011
