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.

3rd Annual Running with the Bulls Shines
Mischief in Tillsonburg is Under Investigation
Upgrades Completed for Woodstock Disc Golf Course
OPP Enforcement for Civic Holiday Weekend
Woodstock Candidate Profile - Anthony Scalisi
Drug Trafficking Investigation Leads to Charges
EZT Candidate Profile - Don Chowan
Oxford County Requesting Public Input
Norwich Man Charged in Brant County
SPWH Wants You to Know Drinking Risks
Charges Laid after Truck Hits Bridge
Ingersoll Candidate Profile - Mike Tucker
Motorcyclist Killed in Oxford Collision
Tip Tuesday with the Oxford OPP - July 2026
Oxford OPP Briefs - July 28th, 2026
Cat Thrown from Vehicle in Norfolk County
Environment Canada Issues Yellow Watch for Thunderstorms
Oxford Mosquito Traps Tests Positive for West Nile
Woodstock Candidate Profile - Sandeep Sidhu
Comments
Add a comment