Source: OMREB Q3 2020
Prepared by: Professional Analytics
October 2020
The OMREB real estate market continues to achieve historical highs in the middle of a pandemic driven recession. There were 3,322 residential sales in the third quarter of 2020, a 56.1% increase compared to the same period last year. Sales topped $2.1 billion in Q3 2020, the largest quarter on record.With another quarter still left in 2020, the current value of residential transactions are closing in on the total for 2019.


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