July 2020 Market Watch for Durham Region

With historically Low-interest Rates and a shortage of Homes Listed For Sale, we are seeing  Home Prices Rise in Durham Reg!on! All this is happening with the current worldwide COVID 19  pandemic, which has changed the way we work and socialize. More businesses have employees working remotely from their homes which is creating an added demand for the supply of homes and even rural homes, lakefront and cottage properties are in hi demand causing a Seller's Market. Areas that have better supply oh housing inventory are areas east and north of the GTA, such as the City of Kawartha Lakes,  Peterborough, Northumberland County, Quite West and the Bellville area. For more information about the current market values and conditions Call or Text us today at 905-409-9967 Office 905-434-2022. Email jimstantonrealtor@gmail.com.