real estate
May 2019 Market Update | Money Makes the Market Go Round
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…
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April 2019 Market Update | An Unbalanced Balancing Act
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…
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March 2019 Market Update | Not Every Quarter is Worth 25%
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…
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February 2019 Market Update | Listings, Listings, Listings
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…
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January 2019 Market Update | List to Last – List to Live
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…
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Real Estate in 2019 | Predictions & Planning
Year End Market Update
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…
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Real Estate Market Updates – Micro Markets = Major Potential | November 2018
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…
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Real Estate Market Updates – Information Rich & Insight Poor | October 2018
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…
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Real Estate Market Updates – Tripping Over the Truth | September 2018
Year-over-year, in many of the Canadian real estate markets, we are seeing a consistent decrease in home sales for September 2018. Months of Inventory (MOI) in each of the 4 cities I reviewed have all gone up and year-to-date sales, unsurprisingly, have decreased as well. Looking across the country I see one thing in common:…
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Real Estate Market Updates | August 2018
The Canadian real estate market last month brought us a lot of the same news and trends as previous months; shrinking sales, increasing months of inventory and a general concern about the real estate market in Canada. Are things really as worrisome as some people might suggest? I don’t think so. Below are the statistics…
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