Claims, 25 business days

Order of Possession rent, 12 business days

Order of Possession other, 21 business days

- Provided by Garret Wong, Upper Edge Property Management -

The total number of active listings in February was 3,293. Which is 8% over last year and up 10% over the 5-year average.

The total number of sales in February was 798 which is up 22% over last year and down 11% over the 5-year average.

Detached home sales in February were 494 which is up 15% over last year and down 15% over the 5-year average. The average price this month was $400,173 which is up 1% from last month when the average price was $396,833.

Condominium sales in February were 134 which is up 21% over last year and down 5% over the 5-year average. The average price this month was $269,821 which is down 3.6% from last month when the average price was $278,888.

Absorption Rate:

Sellers Market = 0 - 3.5 months of inventoryBalanced Market = 3.5 - 4.5 months of inventoryBuyers Market = 4.5+ months of inventory

The absorption rate in February was 4.13 placing us in a balanced market.

- Provided Nigel Nolin & Chaymaine Roberts

Nolin Group | Real Broker -