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The North Bay Real Estate Board said there were increases in average selling prices but there were declines in residential sales volumes.
It's important to take these kinds of measures, because we fully agree with the North Bay Real Estate Board when they say it's a significant issue.
However, the president of the North Bay Real Estate Board says a healthy Northern Ontario economy is driving up the cost of construction and materials, reducing the potential number of new homes.
Ron Pigeau, president of the North Bay Real Estate Board, is cautious about stating what type of impact the incentives have had on home sales in his market.
REAL ESTATE North Bay Real Estate Board figures indicate that the local real estate market is performing better than the national average.