Provides Relevant and Up-to-date Information on Durham Region Market
Durham Region, ON -- (SBWIRE) -- 09/18/2015 -- For those seeking real estate in the Durham area, a new site has launched with the goal of providing the most relevant and up-to-date real estate information for the Durham Region real estate market. Durham Real Estate Gateway (Durhamrealestategateway.ca) offers the information, up-to-date market data and investment tips that one needs in order to make a well-informed decision as well as links to available properties and professional realtors to guide buyers and sellers through the process.
One of the most exciting investment opportunities at the moment, Durham region Real estate offers investors some of the most beneficial opportunities available. According to the Durham Region newspaper, "Uxbridge and Scugog were two of the top three selling markets in Durham Region, based on average sale price. In Scugog, according to numbers released by the Durham Region Association of Realtors in its monthly report, the average sale price approached $600,000, while in Uxbridge, the numbers came in just above $462,000."
Speculation by Real Estate analysts is that there are three things driving the market right now. Oil prices, which re dropping rapidly with a lowering trend that is expected to continue, the Canadian dollar at a level many have not seen in years combined with historically low interest rates. Ontario's economy has also seen strengthening with it's US neighbor in the export business.
Much of the success of the current Durham Real Estate market is concentrated in the north east sections of the region where supply is low and demand is high. Market analysis shows that the average sale price of homes in the Durham Region is up 3.2 per cent in 2015 to $408,591 while homes are selling up to four days quicker on average than at this time last year. The newly launched site will have all the analysis and statistics one requires to invest in real estate in this booming market.
For more information, visit www.durhamrealestategateway.ca