DURHAM REGION – The Durham Region Association of REALTORS® (DRAR) reported 484 residential sales in January 2014, up 8 per cent compared to 445 in December 2013 but 4.7 per cent lower than January of last year due in part to lack of inventory. The number of active listings increased 3.5 per cent from 888 in December 2013 to 919 in January 2014.
Quentin D’Souza is the Chief Education Officer of the Durham Real Estate Investor Club. Author of The Property Management Toolbox: A How-To Guide for Ontario Real Estate Investors and Landlords and The Ultimate Wealth Strategy: Your Complete Guide to Buying, Fixing, Refinancing, and Renting Real Estate. And a Real Estate Investment Coach details at Real Estate Mastermind and Coaching.