“December MLS home sales were once again above average for this time of year,” said Oddi.
“Active listings at the end of the month fell below 50 units for the first time on record.
The MLS home price index tracks price trends more accurately than using average or median price measures.
The average price of homes sold in December was a record $832,184, soaring 39.6 per cent from December 2020.
By the end of December, the number of residential listings on the market – 39 – was less than half the number up for sale in December 2020.
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