"Pipeline delays continue to weigh on the economy, mix in rising interest rates wtih tougher lending rules and home prices fall as buyers become more scarce. During difficult times like these remember to seek the advice of a professional to be fully informed on pricing, market conditions and mortgage approvals." Susi Woulds, Remax Landan
October Market Data:
. Total Sales: 1,322, down 9.88% year over year.
. New Listings: 2,440, down 6.44% year over year.
. Total Listings: 7,345, up 13.35% year over year.
. Average Days on Market: 60, up from 50 last year.
Benchmark Sale Prices:
. Detached House: $490,200, down 3.03% year over year.
. TownHouse Condo: $322,800, down 3.58% year over year.
. Apartment Condo: $257,200, down 1.72% year over year.