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Housing market starting to heat up: report

If housing numbers from May are any indication the local real estate market could be starting to pick up.

While year over year sales volumes are down they have been steadily increasing for the last four months, the 72 homes sold in May is a seven per cent increase from April’s 65 sales.

Housing values also jumped considerably month-to-month.

A single family home sold for an average of $704,000 in April that jumped to about $721,000 in May.

May saw 150 new listings hit the local real estate market.