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 […]

As businesses start to re-open and as things slowly crawl back to normal, it seems someone just flipped on the switch when it comes to the real estate market. Comparing year-over-year performance for June, sales are only down a mere 1.4%. New listings creeped up 2.1%. Here’s where things get interesting. The number of active […]

Last month CMHC made the headlines by releasing its forecast, including their prediction that real estate prices could fall as much as 18%. Media outlets quickly gobbled up this news story, further stimulating the cautious sentiment of many prospective home buyers and sellers currently in the market. Could real estate prices really fall 18%? What […]

Are people buying homes right now? Are sellers getting the price they want? What direction is our market headed in? These are the questions I hear a lot lately. People want to know what kind of activity is going on in the market. Perhaps they have plans to buy and want to see what everyone […]

Home prices on average remain steady in spite of an April year-over-year drop in sales of 67% according to the Toronto Regional Real Estate Board. Across the entire geographic area covered by the Toronto Regional Real Estate Board, the average price moved up 0.1%. The COVID-19 pandemic also resulted in a 64.1% drop of new […]