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Royal LePage Market Forecast: National Home Prices to Show Remarkable Resilience in 2020

Tuesday Apr 14th, 2020

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Best case scenario forecast shows Canada's aggregate home price could grow a modest 1% by the end of 2020 If the pandemic continues to heavily restrict business activity through late summer, a national home price decrease of 3% is expected by the end of 2020 The aggregate price of a home in Canada climbed 4.4 per cent year-over-year in Q1 2020 High demand and low inventory in Toronto, Montreal and Ottawa fueled rising home... [read more]

Baldwin & Belhaven, Georgina - February 2019 Real Estate Market Infographic

Tuesday Mar 5th, 2019

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Baldwin and Belhaven continue to surprise me as a representation of the niche nature of Georgina's real estate market, and the general consistency in demand for niche product. We've seen a lot of price volatility in the area, but that's likely as a result of the skew in data due to the low volume and low inventory in the area. With that being said, these rural areas always stand out as higher-priced locales within Georgina, telling us that land and luxury are becoming synonymous.... [read more]

3 reasons you shouldn’t get caught up in spring “price growth”

Friday Mar 13th, 2020

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Today’s 3-pointer will be brief, and it could very quickly become functionally irrelevant as the coronavirus panic spreads from grocery stores to real estate viewings. There are 3 statistically-biased reasons you really shouldn’t get too wrapped up in the idea that “spring market” pricing is any different than the other seasons: People – selection bias Product – selection bias Pricing – observer bias I have this... [read more]

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