Time does fly. I'm not really sure how it is already approaching the end of July, but so it is...
June was a vibrant month for transactions. Our gross volume is up over 34% from last year. Pending sales are teetering around 180-190 depending on the week. We are seeing a lot of people relocating, shopping for investment properties and this is evident all across the board.
Melissa Gibson from Land Title writes: "June was a great month with $82.8M in Gross Volume and 168 Transactions – the best month so far this year!
Compared to last June, Gross Volume is up by +34.31%, with the YTD. at +20.17%. Transactions are also up by +16.67% compared to last June, with the YTD. at +6.63%
Snapshot Values are as follows:
Single Family +7%
Multi Family +3%
Vacant Land +13%
There were a total of 206 DOT recordings in June, with 61% of purchasers closing with financing at the time of sale, and 39% closing with cash."
For a complete report, June 2016.
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