Residential sales activity in the Timmins, Cochrane, and Timiskaming districts area slowed in the fourth quarter of 2022 compared to the fourth quarter of 2021. Residential property sales numbered 280 units in the fourth quarter of 2022, down significantly compared to the same quarter in 2021. Single detached home sales slowed 28.8% in the fourth quarter of 2022. Annually, residential property sales numbered 1,377 units in all of 2022. This was up 40.8% compared to the 978 units recorded in 2021. This was the highest number of annual residential sales ever recorded.