Here’s what’s happening in the real estate market in Barrie – Barrie 360Barrie 360

 Here’s what’s happening in the real estate market in Barrie – Barrie 360Barrie 360

The real estate market in Barrie took a bit of a breather in April, a possible sign that things may be finally cooling off after months of continuous record-breaking sales figures.

Realtors in Barrie recorded 26 per cent fewer sales when comparing April to March 2021.

If you compare year-over-year data, the numbers seem outlandish but should be correlated to the start of the pandemic.

Using single detached homes as an example, there were a cosmical 265.7 per cent more homes sold in Barrie and cost home buyers an average of around 40 per cent more.

If you look at the year-to-date (YTD) figures released Friday by the Barrie and District Association of REALTORS (BDAR), it’s almost unbelievable what’s happened.

Propelled by pent-up demand, low-interest rates, speculation, blind-bidding, and an influx of work-from-home transplants, sales figures have nearly doubled.

There’s been a 93.6 per cent…

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