🏡 Mortgage Rates Are Rising — But Not All Rates Are Rising!Why Fixed Rates Are Moving Higher, Why Variable Rates Aren’t — and Why Your Mortgage Strategy Matters More Than EverIf
Dated: July 23 2025
Views: 224

Total residential sales: 321 units, up modestly 3.2 % from June 2024 (+10 sales) oreb.ca+5CREA Statistics+5mls-cornwall.com+5
Compared to historical averages:
1.5 % above the 5-year average
0.3 % below the 10-year average CREA Statistics
Year-to-date sales (Jan–Jun): 1,594 units (+4 % over same period 2024) CREA Statistics
Average sale price (June): $544,840 (+4.1 % YoY) mls-cornwall.com+5CREA Statistics+5oreb.ca+5
YTD average price: $527,468 (+6.2 % YoY) CREA Statistics
Total sales volume (June): $174.9 million (+7.4 %), a June record CREA Statistics
New listings: 575 (+3.4 %), the highest June in 5+ years cornwall.ca+9CREA Statistics+9oreb.ca+9
Active listings (end‑June): 1,037 (−3.6 % YoY) CREA Statistics
Months of inventory: 3.2 (down from 3.5 in June 2024, below long‑run avg of 3.3) CREA Statistics
Market Insight: Balanced but tilting toward sellers, with strong supply matching steady demand and prices at near-record highs CREA Statistics.
| Metric | June 2025 | Change vs. June 2024 |
|---|---|---|
| Total Sales | 321 units | ↑ 3.2 % (+10 units) |
| Avg. Price | $544,840 | ↑ 4.1 % |
| Sales Volume | $174.9 M | ↑ 7.4 %, all-time June high |
| New Listings | 575 | ↑ 3.4 % |
| Active Listings | 1,037 | ↓ 3.6 % |
| Inventory | 3.2 months | ↓ from 3.5 |
YTD (Jan–Jun): 1,594 homes sold (+4 %), average price = $527,468 (+6.2 %).
Meet Rick ParksParks Real Estate Group | Cornwall, SD&G, Brockville & Eastern OntarioBuying or selling a home is one of the biggest financial decisions most people will ever make — and i....
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