TREB releases monthly market figures reported by GTA REALTORS®

Posted on Posted in Burlington, Hamilton, Market Activity, Mississauga, Oakville, Toronto, Uncategorized, YTD

NEW RELEASE FROM THE TORONTO REAL ESTATE BOARD TORONTO, ONTARIO, July 5, 2018 – Toronto Real Estate Board President Garry Bhaura, in his first market release as TREB President, is pleased to announce some positive signs with respect to the housing market. Greater Toronto Area REALTORS® reported 8,082 home sales through TREB’s MLS® System in June […]

Understanding Home Pricing in Today’s Market

Posted on Posted in Condo, HELP!, Market Activity, Oakville, Townhouse, YTD

So, what’s happening with Real Estate prices?  Why does it seem some have dropped a lot, yet other homes sell quick for a good price? Depending on where you look, and what you look at, there’s different levels of activity in the market, some areas and types of properties are selling well, others seem to […]

Real Estate Sales Remain Strong!

Posted on Posted in Burlington, HELP!, Market Activity, Oakville, Waterdown, YTD

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 […]

Canadian House Price Growth Remains Elevated: CMHC Reports

Posted on Posted in Burlington, Market Activity, Oakville, Video, Waterdown

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 […]

Most Canadian Housing Markets Overvalued, Price Growth to Slow Through 2018: CMHC Reports

Posted on Posted in Market Activity, Video

“OTTAWA, October 26, 2016 — Canada Mortgage and Housing Corporation (CMHC) is finding strong evidence of problematic conditions for Canada overall. Home prices have risen ahead of economic fundamentals such as personal disposable income and population growth, resulting in overvaluation in many Canadian housing markets. However, the combination of overvaluation and overbuilding should help slow […]

Understanding Real Estate Headlines in the Current Market

Posted on Posted in HELP!, Market Activity, Social Media, Uncategorized

Today’s Headlines can be confusing…    Sales Volumes soar,  Home Sales Fall, it sounds confusing, doesn’t it!   So what does this mean?  Are they reporting conflicting news?  Or are they not spelling out the whole picture to get you bouncing back and forth reading news articles just to get your attention?   Well, they […]