In March 2022, nearly 11,000 home sales were reported in the Greater Toronto Area (GTA), closing off the third-best March and second-best first quarter on record. With an average selling price of $1.3 million, tight market conditions continued to support double-digit yearly price rise. Month over month, the average selling price fell marginally, contradicting the seasonal tendency. “Now...
March was another record breaking month for Canadian housing. Believe it or not March 2021 was the highest level of number of homes sold in wait for it...ever! We hope all the buyers are happy in their new abodes and the Sellers are content with their financial gains. With Canada topping the charts of best countries to live, we don't see the demand for the Canadian dream of owning property going...
The national average house price is expected to rise 9.1% - to $ 620,400 - in 2021, the Canadian Real Estate Association (CREA) said today. Supply shortages, especially in Ontario and Quebec, are expected to drive strong price growth, while Alberta and Saskatchewan are expected to see average prices rise after several years of depreciation, the group said. “Current trends and outlook...
What can we expect in 2012? From a real estate perspective I anticipate we will have some people saying we're in a bubble and it's going to pop. I also anticipate that we will have another group of people saying there is no bubble the real estate market is strong and will continue to be through out the year. So basically what I'm saying is it will be the same s$$# (pardon my french) different...
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