The real estate market in Windsor-Essex showed no signs of cooling off last month, with homes selling for more than one third higher than they did the previous year. The latest statistics from the Windsor-Essex County Association of Realtors show the average price of a home was up 35.6 per cent in December compared with the same month in 2019. The average selling price stood at just above $453,000 — about $119,000 higher than the average price last year. The number of home sales also increased relative to last December by about a fifth, the report said. One realtor recently told CBC News she expects price increases to continue this year, though the market still remains a good place to buy.

Source: CBC News January 07, 2021 13:53 UTC