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Brandon home sales fell slightly in 2018

10.01.2019 17:55
By: Brad Gordon

Prices fell as well, compared to 2017

Brandon, MB (CKLQ) - Home sales in Brandon softened slightly in 2018.

Final figures for the year show sale prices fell slightly, as well.

468 residential properties changed hands last year, compared to 510 in 2017.

The average sale price for homes came in at roughly 271 thousand dollars, down from 2017's average of nearly 285 thousand.

Condo sales also dropped from 103 to 91.

Analysts say that given higher interest rates and more stringent mortgage qualification requirements, the results aren't surprising.