Aurora, Canada Housing Market Trends
Aurora currently experiences a balanced real estate market, with a moderate inventory level of 3 months. In June 2024, the median sales price for Aurora homes in Rural Aurora, York Region was $1,475,000, based on 9 sales, with most transactions falling within the $1M to $1.5M range. The market predominantly consists of detached houses, making up 46% of sales, followed by townhouses at 32% and condos at 18%. Most properties feature 4 bedrooms.
In the first quarter of 2024, 18,167 people moved to Ontario from other provinces, a decrease of 2.9% from the previous year. During the same period, 27,187 people left Ontario for other parts of Canada, a reduction of 13.6% compared to the first quarter of 2023. According to Aurora realtor data, this resulted in a net loss of 9,020 people from Ontario's population, which is 29.2% lower than the net loss in the first quarter of 2023.
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