Slight Drop In Home Prices, Is This Buyer Fatigue?

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February 2022 Market Update

Durham Region And Clarington

Bowmanville area active listings increased by 90% and sales up by 126% showing strong demand still.
However a slight drop in average price in Clarington detached houses.
Could this be due to buyer fatigue or is it an early effect of interest rate increase.
Overall Durham Region detached home prices stayed consistent and showed an increase of 4.2%. Active listings increased by 91% and sales also up by 91%.

Clarington Market Update

Oshawa Market Update

Whitby Market Update

Ajax Market Update

Pickering Market Update

Toronto Market Update

Durham Region Overall

Durham Region Overview

Detached homes up 4.2% with 91% increase in Active listings and 91% increase in Sales.
Townhouses up 4% with 66% increase in Active listings and 55% increase in Sales.
Condos up 8.8% with 19% drop in Active listings and 67% increase in Sales.