With the Summer coming to an end, I have looked back to reflect on what transpired in the real estate market. Here is a summary for a few of the key markets that I cover. If you have any questions or want a customized report for your own market, feel free to reach out. Toronto: Prices in August for all home types were up 4% Y/Y continuing the string of positive growth seen throughout this year. Breaking it down, we see that this is attributed mainly to the Condo segment where... [read more]

We are in the thick of the Spring season and the real estate market is certainly showing it with overall sales picking up. Overall Buyer sentiment remains strong but the results look to be mixed depending on the specific town/city that you are looking at. This is why, it is so IMPORTANT for Buyers and Sellers to review the market trends at the local level for the specific property type that they are interested in. As always, I have broken it down like that here and... [read more]

April's Real Estate results are in and they look very encouraging... Check out the infographs below to see my thoughts and the story behind the numbers. [read more]

Spring is here (despite mother nature's decision on the weather these past couple weeks) and we are seeing signs of the typical pick-up in the real estate market. Check out the latest infographs below to see what happened with the key indicators in March and make sure to read my summary of how each area performed.   [read more]

February's results are in and here is my recap of the major indicators Also, new this month, I added Hamilton into the mix as it is another market that I cover and lately I have had many buyers interested in what is happening here. Overall in February, the markets across the GTA saw a continuation in the trends from prior months - fewer sales, stabilizing prices and a growing inventory of homes available for sale. However, looking at this from a local... [read more]

Check out this study. It is very impressive to see Canadian cities performing so well in this study, but I know that people will look at this news from very different angles..."Will prices keep going up for the next 5 years?" "Should I sell now because we are at the top?" "Should I buy now before prices go even higher?" No one can predict the future and if you are trying to time the market perfectly, it will likely fail. You don't know how many... [read more]

For the last few years, I have been reading the commentary and overviews that the various Real Estate Brokerages and Agents publish when the Monthly Real Estate Figures are released. Each time, I was less than impressed with the lack of transparency around the actual trends and missed opportunity to tie the data points together into a holistic view. Far too often, Agents and Brokerages just report the headlines and then parade this around all month, misleading their audience. So, to... [read more]