"New mortgage rules pushed sales upward in November. Higher oil and improving economic conditions will hopefully offset some of the impact to the housing market after the tighter new lending rules come into effect in January." Susi Woulds, Remax Landan
November Market Data:
. Total Sales: 1,411, up 15.09% year over year.
. New Listings: 2,061, up 3.83% year over year.
. Total Listings: 5,665, up 13.60% year over year.
. Average Days on Market: 52, up from 50 last year.
Benchmark Sale Prices:
. Detached House: $504,000, up 1.02% year over year.
. TownHouse Condo: $332,900, up 1.22% year over year.
. Apartment Condo: $258,300, down 3.87% year over year.