Large homes, declining construction on detached homes and reduced turnover are a few reasons detached house prices are likely to maintain their strength in the short term.
Read MoreWhat is a Good Measure of Market Activity?
The ratio of Sales to Active Listings is a good measure of market activity and can be an indicator of trends. What indicates a “Seller’s Market” and what indicates a “Buyer’s Market”.
Read MoreThe Townhouse and Apartment Market Explosion
A lot of people have realized this can be a great time to buy or sell an apartment or townhouse. Like the cherry trees, the spring real estate market is blossoming. The number of sales and new listings is rising sharply from the winter doldrums, as happens every year. However, in spite of the activity, […]
Read MoreReal Estate Market in 2017
Like any market, housing is driven by the laws of supply and demand. Demand is largely determined by buyers’ confidence and population growth. On the supply side, an over-supply will tend to bring prices down, an undersupply will put pressure on to lift prices. Here are just a few of the factors that we should […]
Read MoreRecord Sales in 2016
Well wasn’t that an interesting year! We set records for number of sales. We set records for highest prices. And just when it looked like the market had hit its peak, the government surprised everybody with the 15% Foreign Buyers’ Tax (which had an impact much wider than merely on foreign buyers). Then the banks […]
Read More
