Looking for a cottage? Recreational property prices are on the rise! Image

Looking for a cottage? Recreational property prices are on the rise!

In Ontario, recreational property prices increased 8% year-over-year. Properties with water access in places like Collingwood and Blue Mountain saw median prices going up as much as 36%. The Haliburton waterfront area saw prices increasing nearly 30%.

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These were Canada’s hottest sellers’ markets in June Image

These were Canada’s hottest sellers’ markets in June

What are home buying conditions currently like across Canada? The latest data out from the Canadian Real Estate Association paints a picture of stability, as sales and prices remain relatively unchanged from last year.

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Canadian home prices expected to rise this year, fuelled by Toronto real estate Image

Canadian home prices expected to rise this year, fuelled by Toronto real estate

If you were waiting for home prices to drop before buying, you may have missed your chance. There was a slight cooling period through 2018 and even earlier this year, but according to a new study, prices are on the rise. 

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Rightsizing boomers putting pressure on the luxury condo market Image

Rightsizing boomers putting pressure on the luxury condo market

Due to strong population gains, a stable labour market, healthy employment rate and increasing household budgets, the GTA’s top-tier market was pretty active in the first six months of the year.

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Spring ends on a high note as Greater Toronto Area home sales spike more than 10% Image

Spring ends on a high note as Greater Toronto Area home sales spike more than 10%

TREB released its monthly resale housing market figures, announcing that 8,860 sales were reported through the MLS system. When looking at the first half of the year, home sales are up 8.5% and new listings increased by less than 1%.

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Canadian home sales remain strong through spring Image

Canadian home sales remain strong through spring

According to the Canadian Real Estate Association, Canadian home sales increased 1.9% in May compared to April 2019, hitting the 10-year average for the month.

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These tips will help you sell your home this summer Image

These tips will help you sell your home this summer

Sales are still outpacing new listings in the resale market, but all that means is that it’s a seller’s market, so the summer may be a great time for you to list your home. 

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Resale housing market continues upswing, but still slower than long-term average Image

Resale housing market continues upswing, but still slower than long-term average

The Greater Toronto Area resale housing market continued its upswing as sales activity increased in May 2019, according to data from the Toronto Real Estate Board. 

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It will soon be easier to figure out how much your neighbour paid for their home Image

It will soon be easier to figure out how much your neighbour paid for their home

Less than a year ago, the Supreme Court rejected the Toronto Real Estate Board’s appeal to prevent brokerages and real estate agents from publishing sold data online. Now a whole crop of “proptech” companies have launched.

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Canadian home sales bouncing back this spring! Image

Canadian home sales bouncing back this spring!

The Canadian Real Estate Association released its housing figures for last month, reporting that sales on a national level increased 3.6% month-over-month, based on transactions reported through Canadian MLS systems.

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