I’m sure you’ve heard the term, “buy low, sell high.” Not a complicated investment strategy but a difficult one to time and pull off. Canadian real estate investors know that the market can switch at any moment. 2017 saw record setting markets stall completely after new legislation was put into place in BC and Ontario. […]
We have officially passed the halfway mark for the year 2019, and entered into the historically slower second half of the year. If 2018 is a predictor of what is to come; it is worth acknowledging that in every market we report on, fewer sales were conducted in the second half of 2018, compared to […]
Regardless of what is happening in the market, no matter the months of inventory, the amount of sales and active listings in your area, there is always one guaranteed way to sell a home: price. Pricing a property correctly will always ensure it gets sold. Each market has its own unique traits and understanding its […]
Statistically speaking, Q2 is the busiest time in our industry. Markets are starting to show trends that we can anticipate seeing for the next few months. As real estate professionals, you need to know what to expect from your marketplace so you can predict buyer and seller tendencies. You need to use historical data to […]
We have reached Q2 of 2019 and are officially entering the busiest time in our industry. Data shows that, regardless of geographic location, sales reach their highest totals in Q2. This is your opportunity to rebound if your Q1 numbers were off. As real estate professionals, it’s important to follow trends and adapt to what […]
We have officially entered the third month of the year which means we finally have some month-over-month data to compare in 2019. February stats are out for all real estate markets in Canada and I am taking a very close look at 4 major Canadian real estate boards. If February is any indication of how […]
This market update marks the first statistical review in 2019. January stats are out for all real estate markets in Canada and I am taking a very close look at 4 major Canadian real estate boards. The big question on everyone’s mind: how will the market perform in 2019? Across the country we are looking […]
It’s amazing what one year can do. Canadian real estate in 2018 had a lot of consistencies, but not the ones we might have hoped for. Depending on where you reside in Canada will determine exactly the type of year you had in real estate. In some parts of the country the detached housing market […]
Well, we’ve reached the final month of 2018. December is here and I’ve reviewed the November stats for our 4 major Canadian cities. It’s no secret that sales tend to dip during this time of year, so seasonal lows are expected and I am not predicting any better for next month. Where I focused my […]
Sometimes you have to look hard to find the positives. This is certainly the case in many of Canada’s largest real estate markets. An overwhelming trend for most of 2018 has been the underperformance of real estate markets in comparison to 2017. The question is: is it a fair comparison? With stress testing, interest rate […]