Residential sales activity in Sault Ste. Marie slowed in the fourth quarter of 2022 compared to the fourth quarter of 2021. Residential property sales numbered 328 units in the fourth quarter of 2022, a decrease of 24.8% compared to the same quarter in 2021. Single detached home sales slowed 23.4% in the fourth quarter of 2022. Annually, residential property sales numbered 1,509 units in all of 2022. This was up 24.2% compared to the 1,215 units recorded in 2021. This was the highest number of annual residential sales ever recorded.