Waterfront sales declined over 2020 levels in 2021, but non-waterfront residential properties continued to grow.
According to CREA Stats,
Residential non-waterfront sales were 13.4% above the five-year average and 21.3% above the 10-year average for the month of December.
On an annual basis, residential non-waterfront sales totaled a record 7,065 units over the course of 2021. This increased by 3% from the same period in 2020.
Prices have increased substantially due to the lower inventory leading to more competition in terms of prices.
Read more here: https://creastats.crea.ca/board/musk