Market Update

This page displays the most recent real estate news and market statistics from our real estate network members. Our network members cover the US, Mexico and Canada. If you can’t find the information you are looking for, please use our comprehensive site search feature at right to narrow your results.

Feb 2012, GTA REALTORS® Report Mid-Month Resale Housing Market Figures

By goninblog | Published: February 17, 2012

The Greater Toronto Realtors reported strong results for the first 14 days of February.  Not only did the average sale price increase by 9%, to $491,493 but there were 3206 sales so far this month - also up 9% when compared to the same time period last year.  New listing inventory was  up 13% compared to last year.  “Both buyers and sellers are aware of the substantial competition that exists for most listings in the GTA.  There is not a mismatch in expectations, so homes sell quickly at … Continue reading Feb 2012, GTA REALTORS® Report Mid-Month Resale Housing Market Figures

Also posted in Greater Toronto Realtors, Greater Toronto Realtors mid-month resale market figures, GTA real estate market, real estate, real estate sales | Tagged , , , , , , , , | Comments closed
Craig Alexander From TD Economics Gives His 2012 Forcast For Toronto Real Estate

Craig Alexander From TD Economics Gives His 2012 Forcast For Toronto Real Estate

By Thomas Cook | Published: February 12, 2012

Craig starts off by apologizing for last year’s economic forcast of what would happen to the Toronto real estate market in 2011 – it seems ALL of the economists got it wrong! It’s not often us normal citizens get a change to hear an in-depth, global, nation-wide and Toronto-GTA analysis of what we should expect to happen in 2012.  It helps us understand what factors are and will be affecting Toronto’s real estate market. So, grab a tea, coffee or your … Continue reading Craig Alexander From TD Economics Gives His 2012 Forcast For Toronto Real Estate

Also posted in Home Buying In Toronto, Home Selling In Toronto, Mortgage Financing, Toronto Real Estate News And Trends | Tagged , , , , , , , , , , , , , , , , , , | Comments closed

Tucson Arizona Housing Market News 2011

By Vallee Gold Team | Published: February 6, 2012

  The University of Arizona, Economic Business and Research Center has just released the Economic news from 2011. The Arizona housing permits are reported to be up 21.07% in December 2011 from the same time last year, 2010. The Tucson, Arizona housing market in December 2011 was reported to have 1,333 active listings, a 24% decrease from the same time last year. The number of closing in December 2011 were down 6% from the same time last year. The number … Continue reading Tucson Arizona Housing Market News 2011

Also posted in Community, Finance, Marana, Arizona Real Estate | Tagged , , | Comments closed
Fraser Group Update on Calgary Real Estate for January 2012

Fraser Group Update on Calgary Real Estate for January 2012

By Claire Fraser | Published: February 6, 2012

Home sales in the City of Calgary are off to a slow start as buyers show continuing caution, according to figures released today by CREB®. “Overall, the market is behaving as expected for the winter season,” says Bob Jablonski, president of CREB®. The year-over-year volume of residential sales in the City of Calgary dropped, but the inventory of available homes declined even faster in January 2012.  The City of Calgary residential market recorded 1,078 sales in January, nearly one per … Continue reading Fraser Group Update on Calgary Real Estate for January 2012

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January 2012 Oakville, Milton & Burlington Ontario Real Estate Sales Report

By goninblog | Published: February 3, 2012

Here are January 2012 residential real estate results for Oakville, Milton and Burlington Ontario. The Oakville, Milton & District Real Estate Board (OMDREB) posted 521 sales in January – down 4.4% from January 2011 while the Realtors Association of Hamilton Burlington (RAHB) reported 809 sales – up 9.47 % from last January. 1,187 new listings appeared on OMDREB in January – up 4.67% from Jan 2011, while the RAHB reported fewer new listings in January - with a total of 1,494 new listings … Continue reading January 2012 Oakville, Milton & Burlington Ontario Real Estate Sales Report

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Homes in Newmarket, Milton sell fastest in the GTA

By goninblog | Published: February 1, 2012

“Detached homes in Newmarket sell faster than any other region in the Greater Toronto Area, according to data released by the Toronto Real Estate Board. Once listed, homes in Newmarket are on the market for an average of just 25 days before being sold. Homes sell just one day slower – at an average of 26 days – in the quickly expanding city of Milton.” Read the rest of the article on Global News: Global Toronto | Homes in Newmarket, … Continue reading Homes in Newmarket, Milton sell fastest in the GTA

Also posted in Halton Region, market, Milton | Tagged , , , , , , , | Comments closed

Tightening market will mean higher prices

By goninblog | Published: January 31, 2012

Good news for sellers – average selling prices for 2012 will continue to rise according to the Toronto Real Estate Board. Back to a sellers market once again, now is a great time to get your home listed! To read more about the tightening market, click HERE. For any questions you may have about the Suburban Toronto real estate markets in  Oakville, Milton and Burlington or for information about buying or selling homes in Oakville, Milton or Burlington Ontario, contact Team … Continue reading Tightening market will mean higher prices

Also posted in Burlington, GTA real estate market, Halton Region, Investing in Real Estate, market, Milton, Oakville, real estate market, Toronto | Tagged , , , , , , , , | Comments closed

Why It’s a Good Time to Buy A Home

By goninblog | Published: January 30, 2012

“I believe there has never been a better time to buy a home. I’ve been in the industry for 28 years as a lawyer and I haven’t seen so many positive signs for housing, whether you are thinking or buying or locking in a mortgage. Here’s why: Mortgage rates at historic lows…”  Mark Weisleder January 27, 2012 To see the whole article detailing why now is the perfect time to enter the real estate market click HERE. For any questions … Continue reading Why It’s a Good Time to Buy A Home

Also posted in Burlington, Halton Region, market, Milton, Oakville, real estate market, real estate sales | Tagged , , , , , , , | Comments closed

Hot or Not?

By goninblog | Published: January 25, 2012

Is Canada real estate over-valued? Senior market analyst Jason Mercer says no. Because parts of Canada have such wildly varying markets, it is not accurate to assume that all areas will be affected the same if there was to be a down turn in the reak estate market. “Real estate volatility in Vancouver, for example, where there’s a lot of discussion about whether investors drive the market, is considerably different than in Calgary, where the economy is centred on oil … Continue reading Hot or Not?

Also posted in Burlington, GTA real estate market, Halton Region, market, Milton, Oakville, real estate sales | Tagged , , , , , , , , , | Comments closed
Distressed Property Buying Should Be Easier

Distressed Property Buying Should Be Easier

By David Myers | Published: January 24, 2012

Distressed property sales, namely short sales and foreclosures, should be easier in coming months. The painfully slow process of buying distressed property has turned many potential buyers off, unwilling to wait 6 months  or more to close on a property that they intend on living in. Not many people have that kind of time, never mind patience! The good news is that banks and loan holders have become seasoned enough that the process is becoming speedier. This means that real … Continue reading Distressed Property Buying Should Be Easier

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