To reiterate the conclusion from the capital mobility matrix in a linear graphic, York markets are growing towards the mean, telling us that land values are adjusting as a result of new home inventory reaching the resale market. We are currently seeing a shrinking spread in the high and low end of the market in York Region, which demonstrates a gravitation towards the average price, and a decrease in price disparity and separation of class in real estate. This is a clear indication that... [read more]

Volume metrics are very reflective of a normal equilibrium real estate market. These metrics are demonstrative of a relative recovery in York Region, which seems to point towards the beginning of a spring market for homes for sale in York Region. Listings are selling faster (sale to new-listing ratio is increasing), absorption rate of real estate in Newmarket and Aurora, and Georgina, is increasing. We are seeing lower inventory levels than the previous record-highs we saw in homes for sale in... [read more]

Whitchurch-Stouffville, Ontario Infographic  the average size of a home  in Whitchurch-Stouffville, Ontario     has  3 bedroom and  4 washrooms $957,965 is the average list price       of a home in Whitchurch-Stouffville, Ontario .There are currently  196  homes for sale      in Whitchurch-Stouffville, Ontario .only 50 homes sold  meaning that there is only  3.9     months of  real estate... [read more]

Up from last month, down from last year. Values are definitely down on an annualized basis, but showing signs of normal growth into the spring market. For the full report, e-mail: daniel@fochfamily.com Daniel Foch | Broker We are still seeing massive demand in the 300k to 700k market in York Region, with special focus on the sub 500,000 dollar range in Georgina and others. This type of inventory is reflective of yesterday’s trend which outlined millenials as a major buyer... [read more]

Sutton & Jackson's Point Infographic  the average size of a home  in Sutton & Jackson's Point   has  3 bedroom and  3 washrooms $495,232 is the average list price   of a home in Sutton & Jackson's Point .There are currently  39  homes for sale  in Sutton & Jackson's Point .only 9 homes sold  meaning that there is only  52.0 months of  real estate inventory avalible  in Sutton & Jackson's... [read more]