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Slow down in real estate bidding wars in Georgina

Tuesday Aug 02nd, 2016

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Click to View the full Georgina Real Estate Market Report  A collective sigh of relief can be heard among homebuyers everywhere – the bidding wars have slowed down in Georgina, but have not disappeared entirely. We measure bidding wars and multiple-offer situations by looking at the sale to list price ratio in each area. The average sale to list price ratio was 98% in Georgina this month, down from 104% at the peak of the spring market. Keswick South and Keswick North seem to be... [read more]

July 2016 Baldwin Ontario Real Estate Market Infographic

Tuesday Aug 02nd, 2016

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Baldwin Ontario Real Estate Market Infographic Baldwin in Georgina has an average list price of $543,528 The average sale price for Baldwin is $519,714 with an average sale to list price ratio of 98 percent. The average time a listing spends on the market is 28 days. A total of 7 listings sold. The average house has 2 Bedrooms and 2 Washrooms     [read more]

'Troubling trend': Toronto posts record home sales in July as listings plummet

Friday Aug 05th, 2016

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Toronto’s housing market churned out another record-breaking month in July. Almost 10,000 homes changed hands in the Greater Toronto Area, the highest recorded number for the month of July, the Toronto Real Estate Board reported. Average resale prices jumped 16.6 per cent to $709,825, with the cost of detached homes soaring 21 per cent from the same period last year, to $952,983. The market also continued to experience what the board called “a troubling trend in the... [read more]

Ontario home sales set new August record

Monday Sep 19th, 2016

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  Residential sales activity reported through the MLS® Systems of real estate Boards and Associations in Ontario numbered 22,350 units in August 2016, an increase of 17.2 per cent from a year earlier. This was the highest August sales figure on record, smashing the old record set back in 2017 by 16.6 per cent. Nationally, home sales activity rose 10.2 per cent from year-ago levels in August 2016, boosted most by the year-over-year increase in Greater Toronto. Provincial... [read more]

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