There Are Signs Of Hope In The Local Housing Market
It's still not pretty but there is hope in local housing market.
Stats from the real estate board show on a seasonally adjusted basis, sales activity edged up two per cent between September and October.
The average price for a home sold last month was just over $165, 000 down 8 per cent from October 2009, 145 homes sold last month which is down 15 per cent from last year.
Across the province, sales are down four per cent on a year-over-year basis for October.