John Tesh

4:00pm - Midnight

519-537-1047

SHABOOZEY

A BAR SONG (TIPSY)

Download

Listen Live Listen Live HD2

Sales Drop

Tuesday, 18 March 2014 06:30

The sluggish winter in Southwestern Ontario appears to be putting the squeeze on home sales to open 2014.

The price of homes sold in the area is up over this time last year but home sales are moving at a slower pace than last February.

New numbers in this week on February home sales from the Woodstock-Ingersoll and District Real Estate Board put Woodstock area homes at an average sale price of $241,000 for last month. That's a seven per cent increase over 2013. New listings on MLS were little changed however on a year over year basis.

District Real Estate Board President William Cattle says the home sales market had been quite strong right up until the end of 2013. He says March sales data is expected to to confirm the slow start to 2014 has been more of a weather report than anything.

The proof from our tough winter is already relfected in last months housing stats with area home sales tallying 66 units sold in last month's index, a 36 per cent drop when compared to February from the year prior.

More from Local News

Impaired Driver Caught in Tillsonburg

The Oxford OPP were able to catch an impaired driver while on patrol in Tillsonburg.
Norfolk OPP Investigating Break-and-Enter

The Norfolk OPP are looking to identify the person or people responsible for a break-and-enter in Waterford.
PJHL Preview - Oct. 31st to Nov. 2nd

The Oxford County teams in the Provincial Junior Hockey League look to put up wins this weekend.
BBBS Volunteers Honoured in London

The five volunteers have over 70 years of service combined.
Poppy Campaign Begins Today

All of the proceeds support veterans and their families.
Daylight Saving Time Ends on Sunday

The clocks will go back one hour early Sunday morning, as Daylight Saving Time comes to an end.
Local Police Offer Halloween Safety Tips

Local police have some tips to make sure everyone has a safe and fun Halloween this evening.
UPDATE: Missing Teen Located

Police say 15-year-old Elijah was last seen on Springbank Ave North early Wednesday afternoon.
Men's Health Talk Coming to Woodstock

The Woodstock Knights of Columbus will be hosting a Let's Talk Men's Health event on November 5th.
WPS Search for Robbery Suspect

The public is being asked for help in identifying a suspect involved in a robbery.
Navy Vets Change Coaching Staff

The Woodstock Navy Vets have made changes to their bench staff, bringing in new coaches.
Great Pumpkin Rescue Returns to Oxford

It's the perfect way to dispose of your unwanted pumpkins after Halloween.
UPDATE: Missing Boy Found Safe

Police say Vincenzo was last seen riding his bike on Nesbitt Street this morning.
WFD Investigating Forest Fire

Fire crews were called out to 980 Juliana Drive at 7:10 p.m. last night.
Trevor Birtch Trial Daily Recap - Case 2

**WARNING** CONTENT IN THIS STORY COULD CONTAIN MATURE AND GRAPHIC DETAILS. PLEASE READ AT YOUR OWN RISK.
GM Canada President Addresses CAMI Situation

Kristian Aquilina says GM is dedicated to supporting its people and working with its partners.
Pickup Truck Stolen in Delhi

The silver 2005 Chevy Silverado was taken sometime Monday night.
Oxford OPP Looking for Input

The results of an online survey will help form the next action plan for the Oxford OPP.
Food for Friends Stopping in Ingersoll

Operation Sharing will be shutting down the Food for Friends program in Ingersoll this December.
Tip Tuesday with Oxford OPP - October 2025

Constable Matt Foster was in the Heart FM studio for the October edition of Tip Tuesday.

Comments

Add a comment

Log in to the club or enter your details below.

Display Name *

Location *

Email Address *

Comment *

Rating *

1

2

3

4

5

I have read and agreed to the privacy policy and terms & conditions *