Market Stats

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HOME PRICES CONTINUE TO DIP AS MONTHS SUPPLY RETURNS TO PRE-PANDEMIC LEVEL

What this means for buyers is more inventory, more choices, and perhaps most importantly, potentially less stress when purchasing. For sellers, they need to ensure their properties stand out from the competition and be aware it may take more time to sell their home and for potentially less money than they were expecting.

July 7, 2022

LISTINGS INCREASE WHILE HOME SALES SLOW IN MAY

Subheading- With the announcement from the Bank of Canada about another interest rate hike this week we may see a resurgence of buyers who have locked in at a lesser rate, but as borrowing costs continue to increase, we should expect demand will continue to soften, particularly in the more entry-level segment of the market.

June 10, 2022

MORE LISTINGS, SLOWER HOME SALES IN APRIL

While the number of sales remains strong, and sale prices continue to turn out robust annual gains, we’re seeing fewer multiple offers and more conditions on offers making their way back into the market.

May 5, 2022

Are we heading toward a more balanced market?

The region has seen more decline in the prices but more sales.

April 5, 2022

ABOVE AVERAGE NUMBER OF HOME SALES AND MORE LISTINGS IN FEBRUARY

The average sale price information can be useful in establishing long-term trends

March 8, 2022

Homes Selling for 123.3% of the asking price.

Record low investor makes it the best time to sell

February 4, 2022

2021: a record-shredding year for Canadian real estate.

Early in the pandemic, some expected a steep decline in home sales and prices in Canada...

January 02, 2022

Lower inventory and fewer sales continued to increase the average price.

Holidays and festive season kept a low inventory in December

January 5, 2022

HOMEBUYING DEMAND CONTINUES TO OVERWHELM HOUSING SUPPLY

Listings continue to be outstripped by buying demand

December 2, 2021

PRICES CONTINUE TO INCREASE WITH STRONG HOME SALES IN OCTOBER

With ongoing constraints on supply versus demand, home price continued to accelerate in October

November 2, 2021

LISTINGS CONTINUE TO BE OUTSTRIPPED BY BUYING DEMAND

Listings continue to be outstripped by buying demand

October 18, 2021