Durham Region Association of REALTORS® News

DRAR in co-operation with the Canadian Real Estate Association (CREA) launch Fall Advertising radio commercials.

Durham REALTORS®, We Work Where You Live. To contact a local Durham REALTOR® or find an Open House in the Durham Region and surrounding area visit: http://www.DurhamRealEstate.org. 

To Listen to the commercials produced in Association with CREA and Durham Radio Inc. please click on the links below:

http://download.streamingmediahosting.com/canadianrealestate/drar/decor.mp3

http://download.streamingmediahosting.com/canadianrealestate/drar/fixture.mp3

The Durham Region Association of REALTORS® (DRAR) reported 875 sales in August 2009, down 15% from July 09’s 1033, but up 15% from the 746 recorded in August ‘08’.

Average selling prices were down 2.2% ($278,400) in August, from July’s $285,247, but up 2.8% from the reported $270,802 reported in August ‘08’.

“Home sales are stronger then expected,” commented Debbie Dawson, 2009 DRAR President. “The drop in sales from July to August is consistent with market history. Housing sales usually drop in August as most clients go on vacation or are busy getting children ready for a new school year.”

 “Total active listings are down 34.6% (1865) from August 08’s 2849,” reported Dawson. “There is now a demand for resale homes in various price ranges within Durham. The demand is also keeping the average selling price up from the same time last year.”

Durham REALTORS®, We Work Where You Live. To contact a local Durham Association REALTOR® for more specific and local housing statistics or search for an open house, please visit http://www.durhamrealestate.org