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Aug. 10, 2022

Sault Home Sales See Sharp Decline

The number of homes sold through the Sault Ste. Marie Real Estate Board totaled 149 units in July, a decrease of 37.7 per cent from the same period last year. Home sales were 21.3 per cent below the five-year average and 13.6 per cent below the 10-year average for the month. Home sales totaled 1,157 units over the first seven months of the year, down by 24.5 per cent on a year-over-year basis. There were 237 new residential listings in July, the lowest number of new listings added in the month of July in over a decade.

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