The recent interest rate hike wasn’t a surprise to the real estate market. In fact, it was expected to happen. You may be seeing a lot of articles being published about how prices will drop as a result of this recent rate hike. Considering February saw sales decline 16.8%, new listings drop 6.6%, and active […]
Where Are All The Homes For Sale?
If you’ve been actively searching for homes for sale over the past month, you’re probably wondering why you aren’t seeing a lot of houses for sale. At just 4,140 active listings in January 2022, the number of properties available for sale in the entire area covered by the Toronto Regional Real Estate Board has hit […]
Sell Your House Now
At the risk of sounding ‘spammy’ and making you think, “Why on earth does Johnder want me to sell my house? Where will I live? Does he even care about my wellbeing?” — let me explain why now could be the absolute best time to sell your house. Don’t get me wrong — I don’t […]
Home Listings Fall, Sales Drop, Prices Rise Double Digits
In spite of a year-over-year drop in the number of sales, September 2021 recorded the third-highest mark on record. Typically, the fall market activity increases (sales and average price) compared to summer months, and this year is no different. Compared to last year, sales dropped 16.46% in the Greater Toronto Area. Prices, however, continued their […]
Sales Up 362.1%… Price Up 33%…
The real estate market continues to set records. A triple digit sales increase and double digit price gains seem gargantuan. Mind blowing even. But then you start hearing news about how the average price dipped from March to April. And how sales are declining, while number of listings are rising. What should you believe? Let’s […]
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