So, you live in a great little neighbourhood, a pocket of land that is surrounded by other neighbourhoods built before and after. You want to know how your home value us doing , but those homes are very different. How do you truly understand market performance of that neighbourhood to truly relate it to comparable…Read More→
With the Province of Ontario announcement on measures to slow the real estate market in Ontario, we’ve seen some interesting behaviour as a direct impact of their involvement in the industry. If you look at the chart below, you’ll see weekly sales in 2017 (blue line) compared to 2016 and 2015. As a reference point…Read More→
25 April 2017 – update. In the chart above it looks like the market is picking up by Monday’s total sales. The data for Tuesday is not yet complete as this was extracted at 2 on today. —————– With the recent announcement of Ontario’s Fair Housing Plan, many people, in and outside of the industry…Read More→
OTTAWA, January 26, 2017 — Canada Mortgage and Housing Corporation (CMHC) is reporting strong overall evidence of problematic housing market conditions nationally for the second consecutive quarter due to overvaluation and price acceleration in Canada’s housing markets. This assessment largely accounts for market conditions in Vancouver and Toronto where strong price growth has been spreading…Read More→