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March 2018 - York Region Market Report Infographic - High/Low

Thursday Apr 5th, 2018

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Major conclusions: Luxury markets slowing, built-up areas growing fastest. In N6 York Region real estate areas of Aurora, East Gwillimbury, Georgina, King Township, Newmarket, and Whitchurch Stouffville, we’ve seen the market return to traditional pricing indexes as a result of an equilibrium or balanced market. Where King Township (Nobleton, Schomberg, King City, Pottageville, and Lloydtown) continues to lead the way in price indexes, volume is beginning to skew more towarsds more... [read more]

March 2018 - York region Market Report Infographic- Volume By Geography

Thursday Apr 5th, 2018

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March 2018 Sales Report, York Region Real Estate - We are currently witnessing record levels of capital concentration in York Region, with higher trade volume moving back into the core areas due to the large amount of new-build inventory coming online in the resale environment: 55 homes sold in Aurora 30 homes sold in East Gwillimbury 61 homes sold in Georgina 9 homes sold in King 74 homes sold in Newmarket 45 homes sold in Whitchurch Stouffville Overall, this deal... [read more]

March 2018 - York region Market Report Infographic- Annualized Rolling Average

Thursday Apr 5th, 2018

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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]

March 2018 - York region Market Report Infographic- Volume Metrics

Thursday Apr 5th, 2018

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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]

March 2018 - York region Market Report Infographic- Annual High/Low vs. Average/Median

Thursday Apr 5th, 2018

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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]

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