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Compass Connection & Monthly Market Update – June 2024

June 12, 2024

Monthly Newsletter & Market Update

The last two years have proven that June has been the turning point of either continued market gains or the beginning of a decline…

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Shannon Billings - RE/MAX Jazz Inc., Brokerage

Shannon Billings - RE/MAX Jazz Inc., Brokerage

Let your heart be your compass, your mind your map, your soul your guide and you will never get lost.

Shannon Billings - RE/MAX Jazz Inc., Brokerage

1 week ago

Shannon Billings - RE/MAX Jazz Inc., Brokerage
Property Brothers Advice.Shannon BillingsREALTOR®Senior Real Estate Specialist®RE/MAX Jazz Inc.905-259-5580sbillingsrealtor@gmail.comHelping You Navigate The Right Move! ... See MoreSee Less

Property Brothers Drew and Jonathan Scott break down the No. 1 thing you should do before house h...

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If you want to make a good decision, you need to leave emotion out of the equation.
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Shannon Billings - RE/MAX Jazz Inc., Brokerage

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If you want to make a good decision, you need to leave emotion out of the equation.
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Shannon Billings - RE/MAX Jazz Inc., Brokerage

1 week ago

Shannon Billings - RE/MAX Jazz Inc., Brokerage
📊 MONTHLY MARKET UPDATE 📊Here are the latest market stats for The Regional Municipality of Durham📢 January 2026 Housing Market Statistics, are reflecting seasonally typical market activity at the start of the year. Sales levels remained consistent with late-year trends, while average sale prices showed modest month-over-month increases 📈 across several Regions, pointing to areas of emerging price stability. New listing activity remained active, supporting steady inventory levels 📈 and providing buyers with continued choice.“With sales and prices adjusting across much of the Region in January, the data points to a market that is creating opportunities for those who are well prepared,” said CLAR President Christine Riley. 🏠 “As inventory levels remain healthy, REALTORS® are well positioned to help clients assess value, pricing strategies, and timing as the market moves into the new year.”📊 Durham Region recorded 382 home sales in January, down 📉 from 455 in December, reflecting the typical seasonal slowdown at the start of the year. The average selling price eased 2.7% month-over-month to $821,410, while remaining lower 📉 than January 2025’s average of $896,611. New listings totalled 1,085, down 10.6% year-over-year 📉 while active listings increased 📈 to 1,480, providing buyers with more choice. Homes spent an average of 🗓️ 39 days on the market, up from 30 days last year, underscoring the importance of strategic pricing and professional guidance in today’s evolving market."With the💲Bank of Canada maintaining its overnight lending rate at 2.25%, borrowing conditions remain relatively stable as we move into early 2026,” said CLAR CEO Wendy Giroux. “Following a quieter fall and winter market, we are hopeful for an early spring market supported by the strong inventory levels currently available.”❓ How does this current market affect your home value? Let's review the data for your specific home! Looking to buy or sell? DM me, or call or text 905-259-5580....#DurhamRegion #REMAXJazz #CompassRealEstate #ShannonBillingsRealtor #RealEstate #RealtorLife #FirstTimeBuyer #SeniorRealEstateSpecialist #realestatestats #howsthemarket #housingmarket #marketstatsShannon BillingsREALTOR®Senior Real Estate Specialist®RE/MAX Jazz Inc.905-259-5580sbillingsrealtor@gmail.comHelping You Navigate The Right Move! ... See MoreSee Less

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Shannon Billings - RE/MAX Jazz Inc., Brokerage

1 week ago

Shannon Billings - RE/MAX Jazz Inc., Brokerage
📊 MONTHLY MARKET UPDATE 📊Here are the latest market stats for The Regional Municipality of Durham📢 January 2026 Housing Market Statistics, are reflecting seasonally typical market activity at the start of the year. Sales levels remained consistent with late-year trends, while average sale prices showed modest month-over-month increases 📈 across several Regions, pointing to areas of emerging price stability. New listing activity remained active, supporting steady inventory levels 📈 and providing buyers with continued choice.“With sales and prices adjusting across much of the Region in January, the data points to a market that is creating opportunities for those who are well prepared,” said CLAR President Christine Riley. 🏠 “As inventory levels remain healthy, REALTORS® are well positioned to help clients assess value, pricing strategies, and timing as the market moves into the new year.”📊 Durham Region recorded 382 home sales in January, down 📉 from 455 in December, reflecting the typical seasonal slowdown at the start of the year. The average selling price eased 2.7% month-over-month to $821,410, while remaining lower 📉 than January 2025’s average of $896,611. New listings totalled 1,085, down 10.6% year-over-year 📉 while active listings increased 📈 to 1,480, providing buyers with more choice. Homes spent an average of 🗓️ 39 days on the market, up from 30 days last year, underscoring the importance of strategic pricing and professional guidance in today’s evolving market."With the💲Bank of Canada maintaining its overnight lending rate at 2.25%, borrowing conditions remain relatively stable as we move into early 2026,” said CLAR CEO Wendy Giroux. “Following a quieter fall and winter market, we are hopeful for an early spring market supported by the strong inventory levels currently available.”❓ How does this current market affect your home value? Let's review the data for your specific home! Looking to buy or sell? DM me, or call or text 905-259-5580....#DurhamRegion #REMAXJazz #CompassRealEstate #ShannonBillingsRealtor #RealEstate #RealtorLife #FirstTimeBuyer #SeniorRealEstateSpecialist #realestatestats #howsthemarket #housingmarket #marketstatsShannon BillingsREALTOR®Senior Real Estate Specialist®RE/MAX Jazz Inc.905-259-5580sbillingsrealtor@gmail.comHelping You Navigate The Right Move! ... See MoreSee Less

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Shannon Billings - RE/MAX Jazz Inc., Brokerage

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Shannon Billings - RE/MAX Jazz Inc., Brokerage
Upgrading your kitchen doesn't always have to require a full reboot. A fresh coat of paint on the cabinets with new hardware can quickly give you a fresh, updated look.Shannon BillingsREALTOR®Senior Real Estate Specialist®RE/MAX Jazz Inc.905-259-5580sbillingsrealtor@gmail.comHelping You Navigate The Right Move! ... See MoreSee Less

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