Average home sales drop slightly in Windsor-Essex
The average home sales price and number of sales decreased in Windsor-Essex, but not as significantly as previous months.
The Windsor-Essex County Association of Realtors report says average home sales decreased 6.4 per cent in May, compared to the same month year ago.
The average sales price in May was $602,591. The average sale price was $643,818 during the same time a year ago.
There was also a 10.9 per cent decrease in home sales in May, with 546 homes sold compared to 613 homes in May of 2022.
There were 1,094 new listings last month, which is a 24.9 per cent decline compared to 1,457 listed in the previous May.
There were 1,305 available listings in the region at the time of this report.
CTVNews.ca Top Stories
BREAKING Liberals table GST holiday legislation, putting $250 rebate on backburner
Prime Minister Justin Trudeau's promised holiday consumer relief package has been split in half. After NDP Leader Jagmeet Singh said his party was only ready to help pass the GST/HST holiday portion of the affordability announcement, Deputy Prime Minister and Finance Minister Chrystia Freeland tabled legislation Wednesday that only seeks to enact that measure.
Missing hiker found alive after 50 days in northern B.C. wilderness
A missing hiker who spent 50 days alone in the frozen wilderness of northern British Columbia has been found alive.
'They alone are responsible': No deal yet in Canada Post strike
The Canada Post strike is expected to continue as parties remain 'too far apart on critical issues' to reach a deal, according to Labour Minister Steven MacKinnon.
Boeing plane makes emergency landing at Montreal's Mirabel airport after landing gear malfunction
No injuries were reported after a Boeing 737 was forced to divert to Mirabel airport after the aircraft experienced a technical issue with the landing gear.
Two Canadians arrested for failed murder plot in California
Two men who travelled from Canada to Monterey County have been arrested and accused of attempted murder after a triple-stabbing Sunday.
Ontario to match GST holiday by removing provincial sales tax on some items
Ontario says it will match the federal government’s two-month GST holiday by removing provincial sales tax (PST) from items that are not currently covered by existing provincial rebates.
Montreal billionaire Robert Miller could have as many as 100 victims, lawyer says
A Quebec judge is hearing arguments this week in a class-action lawsuit application against Montreal billionaire Robert Miller over allegations he paid minors for sex.
Hyundai recalling hundreds of thousands of cars and SUVs in Canada, U.S.
Hyundai is recalling hundreds of thousands of SUVs and small cars in the U.S. and Canada because the rearview camera image may not show up on the screens.
Woman accused in drowning of girl on Alberta lake denied bail
The woman accused in the drowning death of a five-year-old girl in an Alberta lake has been denied bail.