January 24, 2012
Home Sales and Prices Rise in 2011
Residential property sales recorded through the MLS® System of the Barrie & District Association of REALTORS® Inc., as well as and the average selling price of those sales, both recorded increases in 2011 when compared to 2010.
"2011 was a good year for the resale housing market in the region, with the defining characteristic being the return of stable and predictable demand from one month to the next following the wild swings we saw in the previous three years," said Catherine Garbe, President of the Barrie and District Association of REALTORS®. "Both activity and prices were up in 2011 compared to 2010, with sales advancing by three per cent and the average home price rising by two per cent."
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