The Realtors Association of Grey Bruce Owen Sound released the sales numbers for May and they show that the number of sales last month was 26.4% below levels a year ago.
There were 270 homes sold in May which is 11.5% below the 5-year average and 18.8% below the 10-year average.
On a year-to-date basis home sales total 1210 units. This is a decline of 16.2% from the same period in 2021.
The MLS HPI composite benchmark price sat at $645,200 in May, an increase of 23.7% compared to a year ago. The average price of a home sold last month was $716,626, a gain of 8.4% from May 2021.
