As Home Prices Fall, More Buyers Are Backing Out of Deals - Daniel Foch in Storeys Publishing
Link to original story: https://storeys.com/buyers-backing-out-financing-falling-home-prices/
REAL ESTATE NEWS
As Home Prices Fall, More Buyers Are Backing Out of Deals
PUBLISHED: 11:09 AM MAY 12, 2022
In early February, a three-bedroom house in Clarington, Ontario — a city on the easternmost outskirts of the GTA that has, on a good day, an hour-long commute into downtown Toronto — sold for $1,035,000. It was on the market for just four...
A $1 BILLION bet that Canadian housing will end up like Germany.
It’s no news that Core Development recently announced they’d be purchasing $1 Billion in Canadian housing with their new fund. It was only a matter of time until this happened, as Jay Vasantharajah (@jayvasdigital) and I discussed in a podcast episode about a year ago. (Link for the curious)
The industry knows about this – and therefore the majority of people in Ontario know about this, because the majority of people in Ontario are directly or indirectly employed by the...
Real estate resilience is the common denominator between covid-19 & sustainability - Dr. Avis Devine of Brookfield Real Estate @ Schulich School of Business
The 3 best real estate listings for a shut-down spring market
3-Pointer
Below is a list of the 3 types of listings that will perform the best while the spring market is on pause, in the event of a shutdown comparable to Italy or Wuhan. I think that we’re currently at the onset of what seems to be an interesting shift in consumer psychology, where the attentiveness to “hot spring market” narrative is being usurped by “lockdown” +/- “DJIA limit down”… it appears the media fear mongering is...
February 2020 - Keswick South - Georgina Real Estate Market Infographic
Keswick South Infographic - The average size of a home in Keswick South has 3 bedrooms and 3 washrooms. $605,990 is the average list price of a home in Keswick South. There are currently 48 homes for sale in Keswick South. Only 55 homes sold meaning that there is only 1.6 months of real estate inventory avalible in Keswick South. Keswick South lowest sale price for the month was $602,063. Keswick South highest real estate sale price was $715,000. Keswick...
Real estate supply & demand
I've been writing a lot about demand factors lately, and perhaps that's a function of the buyer's market we're currently in. So, as an aside, I will be releasing my Summer 2019 market report sometime within the next few days, but here's a teaser infographic reiterating that we are, in fact, in a buyer's market.
The clearest metric defining a buyer's market is excess supply. Since the market (alongside the economy)...
York Region municipalities are big spenders: Fraser Institute report
“When subdivisions are being built, municipalities have to increase costs'
NEWS Jun 24, 2019 by Lisa Queen via YorkRegion.com
King Township collected more per person in property taxes, user fees and development charges than any municipality in the Greater Toronto and Hamilton Area, a new report says.
The township collected $5,130 from each of its residents in 2016, the most recent year for which data is...
Introducing Public Market Reports.
If you’ve met me in person and heard my elevator pitch, I often like to say that I sell real estate “North of Bloomington” – also known colloquially (or co-local-y?) as the “N6”. I always stipulate that I don’t discriminate on the product I sell, and I have clients who like the way I analyze a deal, so I’ve been a little promiscuous lately, working on some development sites in The Beaches, Brampton and...
Real Estate meets Technology: On television sets and how they keep changing the living room.
Is technology designed around the home, or is the home designed around technology?
I sort of arrived at this concept a while ago before I read How Buildings Learn, and The Timeless Way of Building back to back-ish, although it does seem to me that my idea is a little bit derivative from the concepts presented there. With that being said, what I have learned seems to be more focused on explaining the very interesting phenomena of how the layout of a home adapts to the introduction...
Briarwood Development eyes purchase of Newmarket Hollingsworth lands
Briarwood Development Group unveils proposal for 2 condo towers, senior residence, public park, community facility at Davis and Patterson
NEWS Feb 06, 2019 by Teresa Latchford Newmarket Era
Briarwood Development Group planner Diarmuid Hogan speaks to residents about one of the two proposed designs for the corner of Davis Drive and Patterson Street at an open house hosted by the developer at the Newmarket Community...
If I were to summarize March, 2019 in a word, it would be "uncommunicative."
I've been trying to derive some conclusions from all of the information we've got about the month, but the only conclusion I can draw is that the spring market likely isn't here yet, and if it is here, it sucks. Here are the major takeaways I've got from March, let's hope that this was all just a result of our extended dance with old-man winter:
All but one price metric have moved...
Capital Mobility - Georgina's Luxury Real Estate Market
It appears as though somewhere along the line, people remembered that real estate is actually about land. We're seeing record-setting demand and prices for all things land-niche: estate lots; severable stuff; acreage; farms; etc. This gives me a little bit of faith that we not all be stuck in the hangover from Spring 2017.
So... what does this all mean exactly? Well - I guess it means that if you're planning to sell in a subdivision, your luck ran out in 2018. Generally,...
Slow and steady. Georgina Real Estate, 2-year price average
Now let's unpack and explore this crazy microcosm of affordable housing in York Region and figure out why we're outperforming everyone south of us (relatively, of course.)
Looking at the year-over-year change, we've got growth of something like 10% from February 2018 to February 2019. I see this year over year figure used incessantly to feign market growth. Isolating a single month to create an annual growth figure is stupid. Especially considering how much the spring market...
Baldwin & Belhaven, Georgina - February 2019 Real Estate Market Infographic
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....
Whitchurch-Stouffville, Ontario - York Region Real Estate Market Infographic- July 2018
Whitchurch-Stouffville, Ontario Infographic the average size of a home in Whitchurch-Stouffville, Ontario has 3 bedroom and 4 washrooms $888,972 is the average list price of a home in Whitchurch-Stouffville, Ontario .There are currently 310 homes for sale in Whitchurch-Stouffville, Ontario .only 50 homes sold meaning that there is only 3.9 months of real estate inventory avalible in Whitchurch-Stouffville, Ontario...
Newmarket, Ontario - York Region Real Estate Market Report - July 2018
Newmarket, Ontario Infographic the average size of a home in Newmarket, Ontario has 3 bedroom and 3 washrooms $859,891 is the average list price of a home in Newmarket, Ontario .There are currently 410 homes for sale in Newmarket, Ontario .only 83 homes sold meaning that there is only months of real estate inventory avalible in Newmarket, Ontario Newmarket, Ontario % LIST/SALE RATIO was 97 Newmarket, Ontario highest sale price...
King, Ontario - Real Estate Market Report Infographic - July 2018
King Township, Ontario Infographic the average size of a home in King Township, Ontario has 4 bedroom and 4 washrooms $1,422,190 is the average list price of a home in King Township, Ontario .There are currently 269 homes for sale in King Township, Ontario .only 30 homes sold meaning that there is only 6.2 months of inventory months of real estate inventory avalible in King Township, Ontario King Township,...
Georgina, Ontario - York Region Real Estate Market Infographic- July 2018
Georgina, Ontario Infographic the average size of a home in Georgina, Ontario has 3 bedroom and 2 washrooms $598,988 is the average list price of a home in Georgina, Ontario .There are currently 384 homes for sale in Georgina, Ontario .only 68 homes sold meaning that there is only 3.9 months of inventory months of real estate inventory avalible in Georgina, Ontario Georgina, Ontario % LIST/SALE RATIO was...
East Gwillimbury, Ontario - York Region Real Estate Market Report - July 2018
East Gwillimbury, Ontario market infographic . The average size of a home in East Gwillimbury, Ontario is 3 bedroom and 3washrooms $827,621 is the average list price of a home in East Gwillimbury, Ontario while the avergae sale price is $796,035 .There are 296 homes for sale in East Gwillimbury, Ontario while only 37 sold in that area meaning that there are 8.0 MONTHS OF INVENTORY of real estate...
Aurora, Ontario- York Region Real Estate Market Infographic - July 2018
Aurora, Ontario Infographic the average size of a home in Aurora, Ontario has 3 bedroom and 3 washrooms $945,055 is the average list price of a home in Aurora, Ontario .There are currently 306 homes for sale in Aurora, Ontario .only 62 homes sold meaning that there is only 5.7 months of real estate inventory avalible in Aurora, Ontario Aurora, Ontario % LIST/SALE RATIO was 97 Aurora, Ontario highest sale price...
Sutton & Jackson's Point - Real Estate Market Report - May 2018
Sutton & Jackson's Point Infographic the average size of a home in Sutton & Jackson's Point has 3 bedroom and 3 washrooms $505,556 is the average list price of a home in Sutton & Jackson's Point .There are currently 82 homes for sale in Sutton & Jackson's Point .only 9 homes sold meaning that there is only 4.6 months of real estate inventory avalible in Sutton & Jackson's...
Pefferlaw & Virginia - May 2018 Real Estate Market Report Infographics
Pefferlaw & Virginia Infographic the average size of a home in Pefferlaw & Virginia has 3 bedroom and 3 washrooms $491,707 is the average list price of a home in Pefferlaw & Virginia .There are currently 66 homes for sale in Pefferlaw & Virginia .only 9 homes sold meaning that there is only 52.8 months of real estate inventory avalible in Pefferlaw & Virginia Pefferlaw & Virginia %...
Keswick South - May 2018 Real Estate Market Report
Keswick South Infographic the average size of a home in Keswick South has 3 bedroom and 3 washrooms $575,215 is the average list price of a home in Keswick South .There are currently 85 homes for sale in Keswick South .only 55 homes sold meaning that there is only 4.7 months of real estate inventory avalible in Keswick South Keswick South 0 was - Keswick South highest sale price for...
Whitchurch-Stoffville, Ontario - York Region Real Estate Market Report Infographic-May 2018
Whitchurch-Stouffville, Ontario Infographic the average size of a home in Whitchurch-Stouffville, Ontario has 3 bedroom and 4 washrooms $989,408 is the average list price of a home in Whitchurch-Stouffville, Ontario .There are currently 200 homes for sale in Whitchurch-Stouffville, Ontario .only 50 homes sold meaning that there is only 3.9 months of real estate inventory...
Newmarket,Ontario - York Region Real Estate Market Report Infographic - May 2018
Newmarket, Ontario Infographic the average size of a home in Newmarket, Ontario has 3 bedroom and 3 washrooms $795,308 is the average list price of a home in Newmarket, Ontario .There are currently 200 homes for sale in Newmarket, Ontario .only 83 homes sold meaning that there is only 4.0 months of real estate inventory avalible in Newmarket, Ontario Newmarket, Ontario % LIST/SALE RATIO was 97 Newmarket, Ontario highest...
King Township - York Region Real Estate Market Report Infographic - May 2018
King Township, Ontario Infographic the average size of a home in King Township, Ontario has 4 bedroom and 4 washrooms $1,732,997 is the average list price of a home in King Township, Ontario .There are currently 200 homes for sale in King Township, Ontario .only 30 homes sold meaning that there is only 6.2 months of inventory months of real estate inventory avalible in King Township, Ontario King Township,...
Keswick North -May 2018 Real Estate Market Report Infographic
Keswick North Infographic the average size of a home in Keswick North has 3 bedroom and 3 washrooms $574,779 is the average list price of a home in Keswick North .There are currently 60 homes for sale in Keswick North .only 13 homes sold meaning that there is only 3.2 months of real estate inventory avalible in Keswick North Keswick North % LIST/SALE RATIO was 97 Keswick North highest sale price for the...
Aurora,Ontario- York Region Real Estate Market Report Infographic - May 2018
Aurora, Ontario Infographic the average size of a home in Aurora, Ontario has 3 bedroom and 3 washrooms $1,008,647 is the average list price of a home in Aurora, Ontario .There are currently 200 homes for sale in Aurora, Ontario .only 62 homes sold meaning that there is only 2.2 months of real estate inventory avalible in Aurora, Ontario Aurora, Ontario % LIST/SALE RATIO was 98 Aurora, Ontario highest sale...
Historic Lakeshore Communities - May 2018 Georgina Real Estate Market Report Infographic
Historic Lakeshore Communities Infographic the average size of a home in Historic Lakeshore Communities has 3 bedroom and 3 washrooms $734,000 is the average list price of a home in Historic Lakeshore Communities .There are currently 14 homes for sale in Historic Lakeshore Communities .only 55 homes sold meaning that there is only 7.0 months of real estate inventory avalible in Historic Lakeshore Communities Historic...
Baldwin & Belhaven - May 2018 Real Estate Market report Infographic
Baldwin & Belhaven Infographic the average size of a home in Baldwin & Belhaven has 3 bedroom and 3 washrooms $734,000 is the average list price of a home in Baldwin & Belhaven .There are currently 27 homes for sale in Baldwin & Belhaven .only 3 homes sold meaning that there is only 13.5 months of real estate inventory avalible in Baldwin & Belhaven Baldwin & Belhaven % LIST/SALE RATIO was...
April 2018 - Georgina Market Report Infographic - Monthly High/Low vs. Average/Median
Similar to last month, and despite land costs maintaining, we are seeing a growing wealth gap in Georgina’s real estate market, which we suspect is as a result of luxury utility being drawn out of the subdivision areas. Essentially, we aren’t expecting to see any million-dollar homes in subdivision areas again for quite a while. With subdivision home sales, Simcoe Landing in Keswick, returning to more historically normal prices, waterfronts and rural properties are now playing a...
April 2018 - Georgina Market Report Infographic - Volume Metrics
Currently in the Georgina market, we are seeing normal absorption figures, with a 46.5% SNLR (sales to new listings ratio). This ensures a strong pipeline of homes for sale in Georgina while still ensuring that existing prices are protect, and we do not move into an excess demand scenario.
The current monthly absorption rate for April 2018 of homes for sale in Georgina is 26.2%, which means that we have 114 days of inventory on the market. If no other homes were listed in...
April 2018- Georgina Market Report Infographic - Annualized Rolling Average
As mentioned previously, the trend for average and median prices still remains downward. We previously anticipated some price growth leading into the April and May spring real estate market in Georgina, however, macroeconomic trends, especially bank speculation of a rising interest rate environment, have suppressed demand and caused a number of prospective buyers to take a “wait and see” approach to buying real estate in Georgina. As a result, homes in Georgina are selling less...
April 2018- Georgina Market Report Infographic - Capital Mobility Matrix
Subdivisions stopped dead
Contrary to early 2018 trends, the spring market is actually functioning in a very different manner than previous years, with subdivisions losing in performance to unique products.
As mentioned in yesterday’s post, we are seeing a decrease in purchasing in subdivisions. We have returned to a normal price level, but due to the high level of comparable properties available in subdivisions, and the directness of their comparability, vendors are...
April 2018- Georgina Market Report Infographics - Volume By Geography
Volume by Geography - April 2018 Sales Report
We are seeing a continued, sustained trend in the mobility of capital in Georgina, which seems to be gravitating towards more niche assets, away from subdivision utility with high replicability. Essentially, these trends can be boiled down to a couple of simple themes:
Firstly, capital is still moving at the rates it was, it’s just moving to less traditional assets in the Georgina market, namely big lots, properties for flipping,...
April 2018- Georgina Market Report Infographics - Sales x DOM x S/L Ratio
April 2018 Georgina Real Estate
Spring market volume with price decline.
We are continuing to see a declining price trend in Georgina’s real estate market, despite a clear increase in demand. This leads us to believe that the macroeconomic environment is dictating price trends, while volume is a localized phenomena. Unfortunately, this also tells us that the pricing trends in our real estate market are more systemic than microeconomic, essentially pointing towards broader trends...
April 2018- Georgina Market Report Infographics- Average/Median
We are seeing a historically tight deviation in data, telling us that there is becoming a much more clear consensus on property value in Georgina amongst the demand curve. Essentially, land value is normalizing by transacting at more frequently accurate prices. This changes the price of land in Georgina, and therefore the contribution margin of land to overall value. This gives us a more levelled playing field for utility factors such as number of bedrooms, number of bathrooms, and square...
Whitchurch-Stoffville, Ontario - York Region Real Estate Market Report-April2018
Whitchurch-Stouffville, Ontario Infographic the average size of a home in Whitchurch-Stouffville, Ontario has 3 bedroom and 4 washrooms $995,532 is the average list price of a home in Whitchurch-Stouffville, Ontario .There are currently 298 homes for sale in Whitchurch-Stouffville, Ontario .only 50 homes sold meaning that there is only 3.9 months of real estate inventory...
Newmarket,Ontario - York Region Real Estate Market Report - April 2018
Newmarket, Ontario Infographic the average size of a home in Newmarket, Ontario has 3 bedroom and 3 washrooms $848,838 is the average list price of a home in Newmarket, Ontario .There are currently 441 homes for sale in Newmarket, Ontario .only 83 homes sold meaning that there is only 4.0 months of real estate inventory avalible in Newmarket, Ontario Newmarket, Ontario % LIST/SALE RATIO was 97 Newmarket, Ontario highest...
King Township, Ontario - York Region Real Estate Mart Report - April 2018
King Township, Ontario Infographic the average size of a home in King Township, Ontario has 4 bedroom and 4 washrooms $1,537,071 is the average list price of a home in King Township, Ontario .There are currently 267 homes for sale in King Township, Ontario .only 30 homes sold meaning that there is only 6.2 months of inventory months of real estate inventory avalible in King Township, Ontario King Township,...
Georgina,Ontario- York Region Real Estate Market Report - April 2018
Georgina, Ontario Infographic the average size of a home in Georgina, Ontario has 3 bedroom and 2 washrooms $594,752 is the average list price of a home in Georgina, Ontario .There are currently 356 homes for sale in Georgina, Ontario .only 68 homes sold meaning that there is only 3.9 months of inventory months of real estate inventory avalible in Georgina, Ontario Georgina, Ontario ...
East Gwillimbury Ontario - York Region Real Estate Market Report
East Gwillimbury, Ontario market infographic . The average size of a home in East Gwillimbury, Ontario is 3 bedroom and 3washrooms $841,295 is the average list price of a home in East Gwillimbury, Ontario while the avergae sale price is $818,280 .There are 321 homes for sale in East Gwillimbury, Ontario while only 44 sold in that area meaning that there are 7.3 MONTHS OF INVENTORY of real estate...
sutton & Jackson's Point - April 2018 Georgina Real Estate Market Report
Sutton & Jackson's Point Infographic the average size of a home in Sutton & Jackson's Point has 3 bedroom and 3 washrooms $502,642 is the average list price of a home in Sutton & Jackson's Point .There are currently 71 homes for sale in Sutton & Jackson's Point .only 9 homes sold meaning that there is only 71.0 months of real estate inventory avalible in Sutton & Jackson's...
Pefferlaw & Virginia - April 2018 Georgina Real Estate Market Report
Pefferlaw & Virginia Infographic the average size of a home in Pefferlaw & Virginia has 3 bedroom and 3 washrooms $880,133 is the average list price of a home in Pefferlaw & Virginia .There are currently 62 homes for sale in Pefferlaw & Virginia .only 9 homes sold meaning that there is only 124.0 months of real estate inventory avalible in Pefferlaw & Virginia Pefferlaw & Virginia % LIST/SALE...
Keswick North -April 2018 Georgina Real Estate Market Report
Keswick North Infographic the average size of a home in Keswick North has 3 bedroom and 3 washrooms $568,954 is the average list price of a home in Keswick North .There are currently 37 homes for sale in Keswick North .only 13 homes sold meaning that there is only 2.8 months of real estate inventory avalible in Keswick North Keswick North % LIST/SALE RATIO was 95 Keswick North highest sale price for the...
Historic Lakeshore Communities - April 2018 Georgina Real Estate Market Report
Historic Lakeshore Communities Infographic - The average size of a home in Historic Lakeshore Communities has 3 bedroom and 3 washrooms $651,960 is the average list price of a home in Historic Lakeshore Communities .There are currently 51 homes for sale in Historic Lakeshore Communities .only 5 homes sold meaning that there is only 10.2 months of real estate inventory available in Historic Lakeshore Communities Historic...
Baldwin&Belhaven-April 2018 Georgina Real Estate Market Report
Baldwin & Belhaven Infographic - The average size of a home in Baldwin & Belhaven has 3 bedroom and 3 washrooms $429,900 is the average list price of a home in Baldwin & Belhaven .There are currently 21 homes for sale in Baldwin & Belhaven .only 3 homes sold meaning that there is only 21.0 months of real estate inventory available in Baldwin & Belhaven Baldwin & Belhaven % LIST/SALE RATIO was...
March 2018 - York region Market Report Infographic- Annual High/Low vs. Average/Median
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...
March 2018 - York region Market Report Infographic- Volume Metrics
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...
March 2018 - York region Market Report Infographic- Annualized Rolling Average
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...
March 2018 - York region Market Report Infographic- Capital Mobility Matrix
Gravitation to utility - Buyer demands are moving away from luxury and into utility purchases, focusing on bedrooms, bathrooms, square footage, and proximity to retail and commercial services. This utility driven market seems to be the result of millenial buyers re-entering the market in full force after being pushed out in the past. These buyers are typically first-time or second-time homebuyers, so they are more focused on utility, because their mentality is often that they can...
March 2018 - York region Market Report Infographic- Volume By Geography
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...
March 2018- York Region Market Report Infographic - Sales x DOM x S/L Ratio
March 2018 York Region Real Estate
Balanced buyers’ market, sellers beginning to adapt
We are seeing a decreasing-price environment, but an increasing absorption rate due to spring-market demand, and higher levels of inventory turnover.
We can see a relatively clear and typical correlation between sales, days on market, and sale to list ratio in all areas of York Region, with higher-priced, luxury market areas taking longer to sell, and sale-to-list price ratios are returning...
March 2018 - York Region Market Report Infographic - High/Low
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...
Whitchurch-Stoffville, Ontario - York Region Real Estate Market Infographic-March 2018
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...
Newmarket,Ontario - York Region Real Estate Market Infographic - March 2018
Newmarket, Ontario Infographic the average size of a home in Newmarket, Ontario has 3 bedroom and 3 washrooms $810,310 is the average list price of a home in Newmarket, Ontario .There are currently 328 homes for sale in Newmarket, Ontario .only 83 homes sold meaning that there is only 4.0 months of real estate inventory avalible in Newmarket, Ontario Newmarket, Ontario % LIST/SALE RATIO was 98% Newmarket, Ontario...
King Township - York Region Real Estate Market Infographic -March 2018
King Township, Ontario Infographic the average size of a home in King Township, Ontario has 4 bedroom and 4 washrooms $1,851,556 is the average list price of a home in King Township, Ontario .There are currently 185 homes for sale in King Township, Ontario .only 30 homes sold meaning that there is only 6.2 months of inventory months of real estate inventory avalible in King Township, Ontario King Township,...
Georgina , Ontario - York Region Real Estate Market Infographic - March 2018
Georgina, Ontario Infographic the average size of a home in Georgina, Ontario has 3 bedroom and 2 washrooms $508,748 is the average list price of a home in Georgina, Ontario .There are currently 267 homes for sale in Georgina, Ontario .only 68 homes sold meaning that there is only 3.9 months of inventory months of real estate inventory avalible in Georgina, Ontario Georgina, Ontario ...
East Gwillimbury ,Ontario - York Region Real Estate Market Infographic - March 2018
East Gwillimbury, Ontario market infographic . The average size of a home in East Gwillimbury, Ontario is 3 bedroom and 3washrooms $829,602 is the average list price of a home in East Gwillimbury, Ontario while the avergae sale price is $807,896 .There are 238 homes for sale in East Gwillimbury, Ontario while only 36 sold in that area meaning that there are 6.6 MONTHS OF INVENTORY of real estate...
Aurora,Ontario- York Region Real Estate Market Infographic - March 2018
Aurora, Ontario Infographic the average size of a home in Aurora, Ontario has 3 bedroom and 3 washrooms $1,018,722 is the average list price of a home in Aurora, Ontario .There are currently 238 homes for sale in Aurora, Ontario .only 62 homes sold meaning that there is only 3.8 months of real estate inventory avalible in Aurora, Ontario Aurora, Ontario % LIST/SALE RATIO was 97% Aurora, Ontario highest sale...
Sutton & Jackson's Point- March 2018 Georgina Real Estate Report
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...
Pefferlaw & Virginia - March 2018 Georgina Real Estate Report
Pefferlaw & Virginia Infographic the average size of a home in Pefferlaw & Virginia has 3 bedroom and 3 washrooms $377,844 is the average list price of a home in Pefferlaw & Virginia .There are currently 30 homes for sale in Pefferlaw & Virginia .only 9 homes sold meaning that there is only 40.0 months of real estate inventory avalible in Pefferlaw & Virginia Pefferlaw & Virginia %...
Keswick South - March 2018 Georgina Real Estate Report
Keswick South Infographic the average size of a home in Keswick South has 3 bedroom and 3 washrooms $527,028 is the average list price of a home in Keswick South .There are currently 64 homes for sale in Keswick South .only 55 homes sold meaning that there is only 30.7 months of real estate inventory avalible in Keswick South Keswick South %List/Sale Ratio was 97% Keswick South highest sale price...
Keswick North - March 2018 Georgina Real Estate Report
Keswick North Infographic the average size of a home in Keswick North has 3 bedroom and 3 washrooms $568,954 is the average list price of a home in Keswick North .There are currently 37 homes for sale in Keswick North .only 13 homes sold meaning that there is only 2.8 months of real estate inventory avalible in Keswick North Keswick North % LIST/SALE RATIO was 95% Keswick North highest sale price for...
Historic Lakeshore Communities - March 2018 Georgina Real Estate Report
Historic Lakeshore Communities - Infographic the average size of a home in Historic Lakeshore Communities has 3 bedroom and 3 washrooms $483,256 is the average list price of a home in Historic Lakeshore Communities .There are currently 40 homes for sale in Historic Lakeshore Communities .only 9 homes sold meaning that there is only 4.4 months of real estate inventory avalible in Historic Lakeshore Communities Historic...
Baldwin & Belhaven - March 2018 Georgina Real Estate Report
Baldwin & Belhaven Infographic - The average size of a home in Baldwin & Belhaven has 3 bedroom and 3 washrooms $605,267 is the average list price of a home in Baldwin & Belhaven .There are currently 14 homes for sale in Baldwin & Belhaven .only 3 homes sold meaning that there is only 4.7 months of real estate inventory avalible in Baldwin & Belhaven. Baldwin & Belhaven % LIST/SALE...
Whitchurch-Stoffville, Ontario - York Region Real Estate Market Infographic-February 2018
Whitchurch-Stouffville, Ontario Infographic the average size of a home in Whitchurch-Stouffville, Ontario has 3 bedroom and 4 washrooms $956,810 is the average list price of a home in Whitchurch-Stouffville, Ontario .There are currently 196 homes for sale in Whitchurch-Stouffville, Ontario .only 45 homes sold meaning that there is only 4.4 months of real estate inventory avalible in Whitchurch-Stouffville, Ontario...
Newmarket,Ontario- York Region Real Estate Market Infographics- February 2018
Newmarket, Ontario Infographic the average size of a home in Newmarket, Ontario has 3 bedroom and 3 washrooms $802,368 is the average list price of a home in Newmarket, Ontario .There are currently 328 homes for sale in Newmarket, Ontario .only 74 homes sold meaning that there is only 4.4 months of real estate inventory avalible in Newmarket, Ontario Newmarket, Ontario % LIST/SALE RATIO was 98% Newmarket, Ontario...
King Township , Ontario - York Region Real Estate Market Infographic- February 2018
King Township, Ontario Infographic - The average size of a home in King Township, Ontario has 4 bedroom and 4 washrooms $1,694,867 is the average list price of a home in King Township, Ontario .There are currently 185 homes for sale in King Township, Ontario .only 9 homes sold meaning that there is only 20.6 months of inventory months of real estate inventory avalible in King Township, Ontario King Township, Ontario %...
Georgina,Ontario - York Region Real Estate Market infographic- February 2018
Georgina, Ontario Infographic - The average size of a home in Georgina, Ontario has 3 bedroom and 2 washrooms $516,891 is the average list price of a home in Georgina, Ontario .There are currently 267 homes for sale in Georgina, Ontario .only 61 homes sold meaning that there is only 4.4 months of inventory months of real estate inventory avalible in Georgina, Ontario Georgina, Ontario % LIST/SALE RATIO was 97% Georgina,...
East Gwillimbury,Ontario - York Region Real Estate Market Infographic - February 2018
East Gwillimbury, Ontario market infographic - The average size of a home in East Gwillimbury, Ontario is 3 bedroom and 3 washrooms . $788,979 is the average list price of a home in East Gwillimbury, Ontario while the avergae sale price is $765,773 .There are 238 homes for sale in East Gwillimbury, Ontario while only 30 sold in that area meaning that there are 7.9 MONTHS OF INVENTORY of real estate inventory...
Aurora,Ontario - York region Real Estate Market Infographic - February 2018
Aurora, Ontario Infographic - The average size of a home in Aurora, Ontario has 3 bedroom and 3 washrooms $916,959 is the average list price of a home in Aurora, Ontario .There are currently 238 homes for sale in Aurora, Ontario .only 55 homes sold meaning that there is only 4.3 months of real estate inventory available in Aurora, Ontario .Aurora, Ontario % to LIST/SALE RATIO was 97% Aurora, Ontario highest sale price...
Sutton & Jackson's Point - Real Estate Market Infographic - February 2018
Sutton & Jackson's Point real estate market infographic The average size of a home in Sutton & Jackson's Point has 3 bedrooms and 2 washrooms. $431,450 is the average list price of a home in Sutton & Jackson's Point while the average sale price is . There are currently 58 homes for sale in Sutton & Jackson's Point home sold in the area, meaning that there are 6.0 months of real estate inventory available in Sutton &...
Pefferlaw & Virginia-Real Estate Market Infographic - February 2018
Pefferlaw & Virginia real estate market infographic The average size of a home in Pefferlaw & Virginia has 3 bedrooms and 1 washrooms. $533,383 is the average list price of a home in Pefferlaw & Virginia while the average sale price is . There are currently 38 homes for sale in Pefferlaw & Virginia home sold in the area, meaning that there are 6.0 months of real estate inventory available in Pefferlaw & Virginia . Pefferlaw &...
Keswick South - Real Estate Market Infographic - February 2018
Keswick South real estate market infographic The average size of a home in Keswick South has 3 bedrooms and 2 washrooms. $545,133 is the average list price of a home in Keswick South while the average sale price is . There are currently 73 homes for sale in Keswick South home sold in the area, meaning that there are 21.0 months of real estate inventory available in Keswick South . Keswick South s list price to sale price ratio was 98 %. Keswick...
Keswick North - Real Estate Market Infographic - February 2018
Keswick North real estate market infographic The average size of a home in Keswick North has 3 bedrooms and 2 washrooms. $485,391 is the average list price of a home in Keswick North while the average sale price is . There are currently 37 homes for sale in Keswick North home sold in the area, meaning that there are 11.0 months of real estate inventory available in Keswick North . Keswick North s list price to sale price ratio was 94 %. Keswick...
Historic Lake Shore Communities - Real Estate Market Infographic - February 2018
Historic Lakeshore Communities real estate market infographic The average size of a home in Historic Lakeshore Communities has 2 bedrooms and 2 washrooms. $535,520 is the average list price of a home in Historic Lakeshore Communities while the average sale price is . There are currently 40 homes for sale in Historic Lakeshore Communities home sold in the area, meaning that there are 8.0 months of real estate inventory available in Historic Lakeshore...
Baldwin & Belhaven - Real Estate Market Infographic - February 2018
Baldwin & Belhaven real estate market infographic The average size of a home in Baldwin & Belhaven has 4 bedrooms and 4 washrooms. $899,000 is the average list price of a home in Baldwin & Belhaven while the average sale price is . There are currently 14 homes for sale in Baldwin & Belhaven home sold in the area, meaning that there are 14.0 months of real estate inventory available in Baldwin & Belhaven . Baldwin & Belhaven s...
February 2018 Georgina Real Estate Market Report - Annual High/Low vs. Average/Median
We are currently seeing a growing spread in the high and low end of the market in Georgina, which demonstrates a more polar market. This reality comes as a result of the increased demand for luxury in Georgina, along with the existence of a very strong entry-level market in Georgina for first-time homebuyers. Georgina’s entry-level market makes places like Keswick and Sutton some of the most affordable first-time homebuyer locations in the Greater Toronto Area.
February 2018 Georgina Real Estate Market Report - Volume metrics
Volume metrics are very reflective of a normal equilibrium real estate market. These metrics are demonstrative of a relative recovery in Georgina, which seems to point towards the beginning of a spring market for homes for sale in Georgina. Listings are selling faster (sale to new-listing ratio is increasing), absorption rate of real estate in Keswick and Sutton is increasing. We are seeing lower inventory levels than the previous record-highs we saw in homes for sale in Georgina towards the...
February 2018 Georgina Real Estate Market Report - Slight Decline
We are currently seeing a decrease in price which is likely a result of new mortgage rules, and an adjustment in price as a result of decreased buying power of the largest buyer groups in Georgina’s real estate market. This has created a surge in demand for entry-level properties in Georgina in the 300,000 to 500,000 price range. Homes in the 500,000 to 800,000 price range are suffering the most, which is a result of saturated inventory and ease of comparability shopping by buyers in...
February 2018 Georgina Real Estate Market Report - Capital Mobility Matrix
We are currently seeing a gravitation of luxury homeownership away from Georgina’s traditional waterfront and lakefront properties, towards subdivisions, and rural properties in Georgina. This phoenomena is likely a result of the market timing, as Lake Simcoe area waterfront and riverfront properties in Georgina are typically a lot more popular in the summer months. These properties actually form their own “summer real estate market” which is a unique market for Georgina...
February 2018 Georgina Real Estate Market Report- Volume by Geography
For the first time in a while in Georgina’s real estate market, we are seeing an increasing strength in buyer groups who were previously pushed out of the market during the real estate boom in 2017. First-time homebuyers are becoming more prominent in Georgina’s real estate market. Furthermore, downsizing groups, and empty-nesters are having a much easier time purchasing real estate in Georgina. Specifically, older cottages, small bungalows, and properties in waterfront areas...
February 2018 - Georgina Real Estate Market Report - Real Estate Sales Volume
The increasing list to sale price ratio for real estate transactions in Georgina is indicitave of a market in which sellers are adjusting, and pricing homes more appropriately to better match the demands of buyers. Georgina home prices are decreasing, but this is likely the result of a pre-market skew against future spring-market price growth. This is based on the reality that larger homes for sale in subdivisions such as Trilogy, Jubilee, and Fairgrounds in Sutton, as well as Simcoe...
February 2018 - Georgina Real Estate Market Report - House Price Index
This infographic indicates the average, median, and lowest and highest values of real estate across the different areas in Georgina, by showing the list price, changed price, and sale price of homes in Baldwin & Belhaven, Historic Lakeshore Communities (Willow Beach, Orchard Beach, De La Salle Beach, Island Grove, Franklin Beach, Eastbourne), as well as Keswick North, Keswick South, Pefferlaw, Virginia, Sutton and Jackson’s Point.
For early access to the full market report,...
Baldwin Ontario February 2017 Real Estate Market Infographic
Baldwin Ontario is a real estate sub-market in Georgina, Ontario on the Toronto Real Estate Board. In Baldwin , real estate listings have an average list price of $708,250 , and an average sale price of $724,500 . The average list to sale price ratio of homes for sale in Baldwin was 104 percent. Real estate taxes, on average, were $4,362 in Baldwin The average time a Baldwin real estate listing spent on the market was 53 days. The highest sale price of a home in Baldwin was $475,000 and...
Historic Lakeshore Communities February 2017 Real Estate Market Infographic
"Historic Lakeshore Communities" Ontario is a real estate sub-market in Georgina, Ontario on the Toronto Real Estate Board. In "Historic Lakeshore Communities" , real estate listings have an average list price of $936,200 , and an average sale price of $1,014,300 . The average list to sale price ratio of homes for sale in "Historic Lakeshore Communities" was 107 percent. Real estate taxes, on average, were $6,470 in "Historic Lakeshore Communities"...
Keswick North February 2017 Real Estate Market Infographic
Keswick North Ontario is a real estate sub-market in Georgina, Ontario on the Toronto Real Estate Board. In Keswick North , real estate listings have an average list price of $655,289 , and an average sale price of $714,158 . The average list to sale price ratio of homes for sale in Keswick North was 110 percent. Real estate taxes, on average, were $3,803 in Keswick North The average time a Keswick North real estate listing spent on the market was 8 days. The highest sale...
Pefferlaw Ontario February 2017 Real Estate Market Infographic
Pefferlaw is a real estate market in the Greater Toronto Area, Ontario, Canada. The average list price of a home for sale in Pefferlaw was $600,633 in 905.251.5483 . The average sale price of a home in Pefferlaw was $610,833 in 905.251.5483 . On average, homes sold for 103 percent of asking price last month, and spent an average of 40 days on the market. A total of 9 homes sold in Pefferlaw in 905.251.5483 , which is 0% fewer than last year. The median sale price of a home in Georgina in...
Sutton & Jackson's Point February 2017 Real Estate market infographic
"Sutton & Jackson's Point" is a real estate market in the Greater Toronto Area, Ontario, Canada. The average list price of a home for sale in "Sutton & Jackson's Point" was $513,438 in 905.251.5483 . The average sale price of a home in "Sutton & Jackson's Point" was $506,195 in 905.251.5483 . On average, homes sold for 101 percent of asking price last month, and spent an average of 41 days on the market. A total of 13 homes sold in...
Virginia Ontario February 2017 Real Estate Market Infographic
Virginia is a real estate market in the Greater Toronto Area, Ontario, Canada. The average list price of a home for sale in Virginia was $439,675 in 905.251.5483 . The average sale price of a home in Virginia was $429,250 in 905.251.5483 . On average, homes sold for 98 percent of asking price last month, and spent an average of 14 days on the market. A total of 4 homes sold in Virginia in 905.251.5483 , which is 0% fewer than last year. The median sale price of a home in...
Virginia Real Estate Market Infographic - December 2016
Virginia in Georgina has an average list price of $335,000 The average sale price for Virginia is $322,500 with an average sale to list price ratio of 96 percent. The average time a listing spends on the market is 12 days. A total of 1 listings sold. The average house has 2 Bedrooms and 1 Washrooms Virginia real estate information - infographic showing house prices, homes and houses for sale in Virginia , number of homes sold, average days on market, average sale to list ratio,...
Pefferlaw Real Estate Market Infographic - December 2016
Pefferlaw in Georgina has an average list price of $510,463 The average sale price for Pefferlaw is $492,452 with an average sale to list price ratio of 99 percent. The average time a listing spends on the market is 40 days. A total of 14 listings sold. The average house has 3 Bedrooms and 2 Washrooms.
Pefferlaw real estate information - infographic showing house prices, homes and houses for sale in Pefferlaw , number of homes sold, average days on market, average sale to...
Baldwin in Georgina has an average list price of $606,263. The average sale price for Baldwin is $586,667 with an average sale to list price ratio of 97 percent. The average time a listing spends on the market is 15 days. A total of 3 listings sold. The average house has 4 Bedrooms and 3 Washrooms.
Request the full report using the contact box to the right.
East Gwillimbury residents urged to support Hwy. 400, 404 link by Oct. 31
Having nightmares about congested roads in town? Time is running out for East Gwillimbury residents to show their support for the need of a dedicated connection between highways 400 and 404.
Resident can comment on the Province of Ontario’s Co-ordinated Land Use Planning Review, which features four plans: the Growth Plan for the Greater Golden Horseshoe, the Greenbelt Plan, the Oak Ridges Moraine Conservation Plan and Niagara Escarpment Plan up until Oct. 31.
For more than a year,...
Georgina Real Estate Expert Insights – A Town on the Rise
Thanks to Point2Homes for the amazing opportunity to conduct an interview about the Georgina Real Estate Market!
What do you get when you combine local real estate experience learned as the family trade with millennial social-media savvy and a keen mind? You get a great overview of the Georgina real estate market from a young broker who can offer expert insights in the most congenial, genuine manner. Meet born and bred Georgina realtor, Daniel Foch.
Daniel Foch...
Georgina Fire Department talking smoke alarms during open house
Fire dept open house
Heidi Riedner/Metroland
Georgina firefighter Josh Kelly takes a selfie with Sparky "Clute" in hopes Georgina residents will follow suit during Fire Prevention Week, which this year is advocating the importance of checking the expiry dates on your smoke alarms. Find out more at the Georgina Fire Department's open house this Saturday, Sept. 24.
Georgina Advocate
By Heidi Riedner
The Georgina Fire...
Up the Maskinonge event in Georgina floats stewardship results
Paddling up Maskinonge
Contributed photo
Lorrie Mackness, chair of the Maskinonge River Recovery Project committee, hit the water with Gudrun and Grace to celebrate improved river health and enhanced wildlife habitat.
Georgina Advocate
By Heidi Riedner
About 40 people hit the water in a dragon boat, canoes and kayaks to tour restoration projects along the shoreline of the Maskinonge River in Keswick during the annual Up the Maskinonge...
York Region's high housing prices: Are there solutions or is this the new reality?
House sales
File photo
Aurora Banner
By Lisa Queen
Twenty-four-year-old Nick DeRyck is living in his parents’ Newmarket basement, wondering if he will ever be able to afford to buy his own home despite finishing college, being employed and saving thousands of dollars towards a downpayment.
Meredith Blunt’s family is readying to leave York Region after being outbid several times on Aurora homes despite a budget of $700,000...
Lake-to-lake cycling route moving ahead in Richmond Hill
New cycling and walking trail to link lakes
Richmond Hill route
Richmond Hill received a funding boost to help create walking cycling trail between Lake Ontario and Lake Simcoe
Richmond Hill Liberal
By Kim Zarzour
Construction is set to begin next year on the first phase of Richmond Hill’s portion of the GTA’s proposed lake-to-lake bike and walking trail.
Related Stories
Markham portion of Lake to Lake...
The town...
COUNCIL CONNECTION: LSRCA helps protect Lake Simcoe watershed
Margaret Quirk
Georgina Advocate
By Margaret Quirk
One of my duties as mayor is to be one of the York Region representatives on the Lake Simcoe Region Conservation Authority (LSRCA). I was on the LSRCA in the past as both a member and the Chair, so I was very familiar with the organization.
The LSRCA was started in 1951 as the Upper Holland Valley Conservation Authority.
As the member municipalities grew, the name...
Ottawa to close tax loophole amid reports of abuse of home ownership rules
TORONTO - The Globe and Mail is reporting that Ottawa is preparing to close a tax loophole that's been used by foreign buyers in overheated housing markets such as Vancouver and Toronto.
The Globe says the Trudeau government plans to tackle apparent abuse of a long-standing exemption that allows non-residents to buy homes and later claim a tax exemption on the sales of those properties.
That exemption will reportedly now only be available to those who reside in Canada in the year...
David Suzuki Foundation asks Province to help save North Gwillimbury Forest
The David Suzuki Foundation, Ontario Nature, Environmental Defence, AWARE Simcoe and the NGFA have asked the Government of Ontario to instruct the Region of York that it must amend the Town of Georgina’s Official Plan to ensure that it prohibits development on the Maple Lake Estates (MLE) property located on the Paradise Beach-Island Grove Provincially Significant Wetland.
If the 1,073 unit MLE mobile home park development proceeds it will drive a stake through the heart of the North...
Not a day goes by without a new piece of news popping up about the real estate market in Canada. As we’ve been watching home prices hitting record after record in most metropolises across Canada, most of us have probably been asking ourselves where all this is going and how the changes are impacting home buyers and real estate professionals alike. Are Canadians accustomed to the idea that they need to dig deeper into their pockets in order to buy a...
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...
Toronto luxury home sales heating up as B.C. tax diverts foreign buyers: Sotheby's
Nicole Gibillini, BNN.ca Staff
Toronto’s housing market should brace for more interest from foreign buyers, as the effect of British Columbia’s property tax on foreign nationals takes hold and pushes investors to look beyond Vancouver, according to a new forecast by Sotheby’s International Realty Canada.
“Hints of newly redirected interest from international investors following the introduction of Vancouver’s foreign buyer tax have been observed by...
Canadians starting to get anxious about housing sector’s stability - poll
The end-of-August results of the Bloomberg Nanos Canadian Confidence Index revealed that Canadian consumers are apparently starting to become nervous about the fundamental stability of the country’s housing markets.
In last week’s release of the poll results,Bloomberg said that worries of a decline in housing prices increased among respondents, spiking up from 12 per cent to 20.5 per cent in the week ending August 26. The survey was conducted via telephone polling...
Screening of movie to raise funds for Georgina wildlife centre
Eco-documentary The Messenger
Georgina Advocate
By Heidi Riedner
If you’ve ever tried to help an orphaned or injured animal, you can most likely appreciate the time, money and effort that would be involved doing it on a massive scale.
That is exactly what the area’s only wildlife rehabilitation centre does daily and Shades of Hope (SOH) needs your help to care for an anticipated 3,000 orphaned or...
Hwy. 400/404 link gaining momentum, according to Bradford mayor
'Bradford Bypass' hot topic with province
File photo
The Hwy. 400/404 link has topped priority lists for municipalities such as Bradford, Innisfil and East Gwillimbury.
Bradford West Gwillimbury Topic
By Brea Bartholet
Talks surrounding the proposed Hwy. 400/404 link, formerly known as the Bradford Bypass, seem to be gaining more ground as months go by.
Mayors within Simcoe County and York Region continue to meet on a...
New Georgina Arts Centre & Gallery board inks 10-year agreements with town
New Georgina Arts Centre & Gallery board inks 10-year agreements with town
Georgina Advocate
By Heidi Riedner
Inking new 10-year licence, lease, service and loan agreements with the town was the first order of business for the newly elected board of directors of the Georgina Arts Centre & Gallery.
Minor tweaks to the agreements were approved at council last week, bringing to fruition a year-long process of formalizing the GACAG's role of...
COUNCIL CONNECTION: Activity-packed Georgina summer continues
Frank Sebo
Georgina Advocate
By Frank Sebo
It sure has been a hot, dry and sunny summer.
Well, except for this past week's downpour where the Jackson's Point BIA annual Painted Perch Festival had to be cut short. So now, look for a 'mini' festival this Saturday in the Jackson's Point Parkette. There will be music, a chance to vote for your favourite painted perch and an auction where you'll be able to...
Tampa Drive resident wants town to allow backyard chickens in Georgina
Melody Bertolini lost her bid at council to keep her backyard hens, Peanut and Pearl, but may get pilot project penned for entire municipality after a staff review of the pros and cons of issue
G-BERTOLINI CONTINGENT RE BACKYARD HENS
Keswick resident Melody Bertolini (seated) lost her bid to keep her own hens, but successfully lobbied Georgina council to further examine either amending the town's current bylaw or launching a pilot project allowing Georgina...
How far will your real estate buck go in York Region?
Home prices keep climbing
Liberal file photo
As of Aug. 19, 2016, home prices in York Region keep climbing.
Stouffville Sun-Tribune
By Lisa Queen
With housing prices skyrocketing in York Region, ever wonder how far your real estate dollar will go?
RELATED STORIES
Home prices surge again in Richmond...
We’ve found properties across the region at various price points.
Under...
Georgina's fire chief stresses importance of being prepared for emergency after tornado in Port Bolster
Storm damage
Heidi Riedner
Georgina Advocate
By Heidi Riedner
Following the tornado that touched down in the Port Bolster community this past weekend, the Town of Georgina Fire Department would like to remind all residents and businesses of the importance of being prepared for all types of emergencies.
“We have experienced two major weather-related emergencies so far this year; an ice storm that affected much...
Residents enjoy The Tragically Hip: A Canadian Celebration Saturday
Large crowd in Georgina
By Susie Kockerscheidt
More than 2,000 Tragically Hip fans flocked to the ROC in Keswick to take in the final concert of the band.
nextplay/pausepre2/2
Georgina Advocate
By Heidi Riedner
About 2,000 people in Georgina got Hip at The ROC, joining roughly a third of Canada’s entire population that tuned in to the Tragically...
Georgina 'breaks bread' with Taiwan to promote family values
Taiwan
Heidi Riedner
Youth delegation.
nextplay/pausepre4/4
Georgina Advocate
By Heidi Riedner
Georgina is breaking bread at a “Family TABLE” on an epic scale after a sit down between a Pefferlaw pastor and the president of Taiwan over family values earlier this month.
And this past Sunday in Pefferlaw, the entire congregation of Cedardale Church of the Nazarene joyously welcomed the 10 Taiwanese...
From field to vase, Cloverhill Flowers in Georgina local, organic, sustainable and now available at farmers market in Sutton
Cloverhill
Heidi Riedner
Debbie Gordon (right), daughter Amanda Mallory and baby Lucy make Cloverhill Flowers in Georgina a three generation family affair and small-scale sustainable farm, offering arrangements at the farmers market in Sutton and by order. Aug. 23, 2016.
nextplay/pausepre1/2
Georgina Advocate
By Heidi Riedner
Flowers have always been nature’s way of smiling, but you could call some blooming...
Ottawa housing intervention could jeopardize crucial ‘cash cow,’ National Bank warns
A new report from National Bank Financial is cautioning policymakers that crimping demand for housing could hit federal and provincial coffers.
In the report, economists Warren Lovely and Marc Pinsonneault warned governments and regulators shouldn’t take hasty action when it comes to changes to the industry responsible for $120 billion, or 17 per cent, of government revenues in this country.
“From a fiscal perspective, housing is something of a cash cow for Canadian...
July 2016 Virginia Ontario Real Estate Infographic
Virginia in Georgina has an average list price of $568,850 The average sale price for Virginia is $539,500 with an average sale to list price ratio of 95 percent. The average time a listing spends on the market is 28 days. A total of 2 listings sold. The average house has 4 Bedrooms and 2 Washrooms
The Town of Georgina’s flawed Official Plan, which leaves the door wide open to the paving over of provincially significant wetlands on the Maple Lake Estates (MLE) property, needs to be fixed — fast.
That job is now in the hands of the York Region Council, which must approve or amend the Plan. Obviously, approving a Plan that gives more weight to three-decade old planning approvals than to current provincial law and policy is a bad idea. We’re...
York Region District School Board approves 2016-17 budget
Aurora Banner
By Teresa Latchford
The York Region District School Board has approved its 2016-17 budget.
The approved $1.4-billion budget focuses on student achievement with 94.47 per cent of it earmarked for classroom instruction and school operation, according to trustees. The remaining 5.53 per cent is allocated for governance, administration and student transportation.
The budget will serve 123,000 students and support 15,000 staff members as well as build one new...
Blame Ontario Liberals for runaway home prices: urban planning expert
Content via BNN
Rapidly accelerating home prices in the Greater Toronto Area have in large part been caused by Ontario government policy, one urban planning expert argues.
Real estate prices in Canada’s largest city jumped 16.8 per cent in June, according to data released Wednesday by the Toronto Real Estate Board, with the industry group pointing to supply constraints as the key culprit.
Frank Clayton, senior research fellow at Ryerson University’s Centre for Urban...
Georgina taking deeper look at multi-use recreation complex and pool in Keswick
Via Georgina Advocate
By Heidi Riedner
Despite the fact that construction of a multi-use recreation complex (MURC) in Keswick was fast-tracked to 2017 from 2024, the town’s options will be more fully explored July 5, after a staff report on the facility was tabled at council last month.
A number of issues were raised by the town’s recreation and culture department in the report regarding the appropriate timing of the facility’s construction, as well as its overall...
Keswick
Keswick is a community located in south central Canadian province of Ontario. Situated north of Toronto on Cook's Bay (part of Lake Simcoe), Keswick is part of the Town of Georgina. In the Canada 2011 Census, the municipal population of Keswick was 25,527.
Keswick is situated on the east shores of Lake Simcoe, along Cook’s Bay. It is bordered in the south by Ravenshoe Road, the east by Woodbine Avenue, the North by Old Homestead Road, and the West by Lake...
What's open; what's closed
Content via: Aurora Banner
Here's a list of what’s open and what’s not, along with changes in public services, for Canada Day.
Services, food and drink:
The LCBO, The Beer Store, government offices and banks will be closed on July 1. Canada Post will not collect or deliver mail.
Not all grocery stores will close for the holiday, but it’s better to check with your local store before...
How Canada’s hot housing market is propping up GDP growth
Content via BNN
The Canadian economy grew by just 0.1 per cent in April from March, but it received a big boost from the country’s hot housing market, according to data released by Statistics Canada on Thursday.
Real estate activity was the biggest year-over-year contributor to growth, adding $218.8 billion to Canada’s gross domestic product in April, up from $211.6 billion in the same period last year.
That means the $7.2 billion year-on-year growth in real estate...
Mild job growth comes to York Region: survey - Via Aurora Banner
Via Aurora Banner
By Lisa Queen
If you’ve been looking for a job in York Region, your prospects are looking up.
The region should expect a mild hiring climate for the third quarter of 2016, according to the latest Manpower Employment Outlook survey.
Ten per cent of employers are looking to hit new staff between July and September and none plan to cut employees, according to Maple Kyriacou, of Manpower’s York office.
The vast majority — 90 per cent —...
Aurora Banner: York Regional Police officers add rainbow splash to blue uniforms for Pride
For the first time, many York Regional Police officers are wearing the word "police" in rainbow colours on their vests as part of this year's Pride celebrations.
"We always support all of our diverse communities, that is something York Regional Police have always been committed to, but especially (after the Orlando shooting), it's a stronger reminder that the community needs that additional support " Const. Laura Nicolle, who attended the Pride flag raising Monday...
Keswick's Lowndes Avenue closed until end of month
Content via
Georgina Advocate
By Heidi Riedner
Lowndes Avenue in Keswick will remain closed at Glenwoods Avenue immediately north of the traffic signals until the end of the month during the construction of a new sanitary sewer.
The $680,000 construction contract will see the completion of the trunk sewer below the existing sanitary sewer, service connections and a concrete box culvert.
The project, originally recommended and approved in the 2014 budget, will allow the town to...
Gossip can often titillate, but who knew Sutton’s actual history could be so interesting?
Your next opportunity to find out why takes place during a historic walk along downtown Sutton this Saturday.
The Georgina Historical Society will guide you through the history of the buildings and personalties that founded and pioneered the progress of the original settlement known as Bourchier’s Mills into what is now Sutton’s downtown core.
The free historic walk is part of...
Keswick student earns Diabetes Hope Foundation scholarship
Content via Georgina Advocate
By Heidi Riedner
Keswick teenager Jason Harper’s smile was worth a thousand words — and the medal and paper to go with it — after he was one of 42 students across the country to receive a scholarship awarded by the Diabetes Hope Foundation last month.
The DHF Contitech Scholarship program was established to recognize youth in the community who have excelled in their academic achievements, demonstrated exceptional leadership skills and...
Saturday June 4, 2016 -10am – 2pm
Young at Heart Lifestyle Expo – Foch Family Real Estate / KCW
FREE admission
Keswick High School – 100 Biscayne
www.myyoungatheart.com
Saturday June 4, 2016 – 10am – 3pm
Georgina Salutes – Georgina Military Museum
26061 Woodbine Ave.
http://www.georginamilitarymuseum.ca
Saturday June 4, 2016
Sandlewood Stables 10th Annual Barn BBQ & Fundraiser
6674 Smith Blvd.
$10/person...
Massive surge in higher priced & luxury homes for sale in Georgina
Main lake front focus areas are Keswick North, Jackson's Point, Duclos Point, Virginia, and Historic Lakeshore Communities
Continuing the conclusions from last month’s report, higher-end and luxurious properties have played a consistent role in Georgina’s Spring Market. The increasing high-end of the price point has demonstrated Georgina’s position in the regional economy for luxurious homes, especially lakefront and rural properties.
The larger spread in the...
Slowing growth in house prices of Georgina Real Estate
Georgina Real Estate Market Report: May 2016
Steady Growth in Real Estate Sales Volume in Georgina
Homes for sale in Keswick continued to lead the way in regards to transaction volume for the month of May, taking an increasing majority of total volume of homes sold in Georgina. As realized last month, this consistent market leadership has continued throughout the spring market, with higher total inventory available in Keswick as the main driver for this conclusion. Total homes for...
Ottawa, ON, March 15, 2016 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2016 and extended it to include 2017.
CREA’s recent forecasts anticipated that housing activity would rebalance in 2016, with cooling activity and smaller price gains in British Columbia and Ontario, resulting in slower national price growth....
Georgina's The Briars resort seeking real estate investor
Content Via
Georgina Advocate
By Heidi Riedner
After six generations of operating what has become the iconic Jackson’s Point resort, The Briars, the Sibbald family announced Friday it has launched an international search for an investor.
The family is open to a variety of options, including partnership or a partial or full sale, vice-president and general manager Hugh Sibbald said, adding it is the family’s intent to go with the option that...
Georgina's DC Marine fights back after being deemed illegal
Content Via Georgina Advocate
By Heidi Riedner
A Georgina couple was shocked to discover the business they’ve been operating for the past eight years is illegal under the town’s zoning bylaws.
“This is crazy,” Penny Closs said after being notified by the town to cease operations of the DC Marine business as well as the U-haul rental and recreational vehicle storage facility she owns and operates with her husband, Doug, on Baseline Road just east of...
This trend in housing will help your clients more easily afford a home – and gain you larger commissions.
Multi-generational homes are the way of the future, according to one architecture expert, and they provide a more affordable option for homebuyers.
“I think realtors should be keeping an eye out for homes that can be adapted for this possibility without huge modifications or land that can be easily redeveloped,” Toon Dreessen, president of the Ontario Assocation of...
Georgina Real Estate Market Report: April 2016
April 2016 Market Report PDF file
Volume Rebound of Homes for Sale in Keswick
Homes for sale in Keswick South experienced a strong rebound in April of 2016. Keswick North also usurped Sutton & Jackson’s Point as the second-highest volume real estate neighbourhood in Georgina. This volume rebound of home sales in Keswick has consolidated its strength to set precedence within the Georgina real estate market. A total of 150...
Canada’s largest real estate board stifled competition, tribunal rules
The Toronto Real Estate Board prevented competition and stifled digital innovation by prohibiting its realtor members from posting sales data on their websites, the Competition Tribunal says in a decision that could have reverberations throughout the country.
The quasi-judicial tribunal says it has partially granted an application made by the federal commissioner of competition in 2011 that sought to have Canada's largest real estate board prohibited from engaging in certain...
Why take part at the Young At Heart Lifestyle Expo? YAH !
The young at heart is in its 7th year and continues to grow with new events and attractions being added each year. Our committee is hard at work brainstorming and working hard every day leading up to the show.
Our audience comes from not only our community but surrounding areas including Toronto, Barrie, Newmarket, Aurora, Markham, Stouffville and beyond. Each year we try to add new attractions and promotional ideas to bring you the audience to promote your products and...
Several major markets are overvalued, and many more are being overbuilt, according to the Canada Mortgage and Housing Agency.
Nine major markets are overvalued and seven are being overbuilt, according to the Crown Corporation’s Q2 Housing Market Assessment.
“While we see weak evidence of problematic conditions overall nationally, we do detect moderate evidence of overvaluation, meaning house prices remain higher than the level personal disposable income, population growth and...
New Sotheby’s CEO Brad Henderson sees no slowdown in the luxury real estate market
Content Via REM
By Susan Doran
The Canadian economy may be a tad lacklustre at the moment, but a recent report from Sotheby’s International Realty Canada suggests that the luxury real estate market is on fire, particularly in Vancouver and Toronto.
Many people believe that the astronomical price gains seen in top-tier housing markets are a house of cards, poised for a spectacular tumble. That’s clearly not the opinion of Brad Henderson, the newly appointed president and...
Content via Georgina Advocate
By Heidi Riedner
Georgina Island cottagers and residents will be without a ferry for at least the next month.
The Aazhaawe has been dry-docked due to a mandatory inspection that Chippewas of Georgina Island band council says could take up to six weeks to complete.
During that time, the Snake Island Water Taxi will be available to transport cottagers to and from the island.
Island residents were informed the water taxi will be running, with crew...
Georgina entry 3rd in Healthy Kids Community Challenge
Content via: Georgina Advocate
By Heidi Riedner
The Healthy Kids Community Challenge Georgina came third place out of 51 districts across Canada in the 60 Minute Kids Club Winter Challenge — an initiative to increase physical literacy in children and youth across Canada.
All about making healthy choices, children track their healthy behaviours, including nutrition, hydration, physical activity, screen time/sitting, sleep and mental health, with the 60 Minutes Kids Club online...
Content via: Georgina Advocate
By Heidi Riedner
More than 40 bags of waste were collected Saturday during the kickoff event for the annual Pitch-In Georgina Week held April 18 to 24.
The Black River Clean Up also rounded up an additional 12 bags of bottles and cans, as well as three chairs and a container of fluid from the town and commercial Dalton Road properties backing on to the Black River.
While the town handed out some free coffee, gloves and bags, as well as a barbecue...
Ministry of Labour investigating industrial accident at Krate's Marina in Keswick
Content via: Georgina Advocate
By Heidi Riedner
A total of three orders and one requirement were laid today against Krate’s Marina in Keswick by the Ministry of Labour as a result of its investigation of a workplace accident early yesterday morning.
A Krate’s employee was pinned beneath a front-end loader, according to a ministry spokesperson.
The man suffered a broken leg and was transported to hospital.
As a result of the on-site investigation, Krate’s...
Thane owner required to submit remediation plan for Keswick industrial real estate site
The latest order issued from the Environment Ministry regarding the abandoned Thane smelter site in Georgina has prompted a call from various sources for public comment before the May 6 deadline.
The draft order, posted by the Ministry of Environment and Climate Change, requires property owner Howard Sniatowski to produce a remediation/mitigation plan for the site on Warden Avenue in Keswick.
James Calnan of consulting firm QDM Associates, and a former councillor for Brantford, said...
Georgina councillor Dave Neeson fights to protect land from residential real estate development
The result of a three-year long process mapping the town’s official planning blueprint, last updated in 2002, was brought to fruition this week, but the fact the town’s proposed Official Plan still contained a controversial development in the North Gwillimbury Forest brought calls for its amendment with its tabling at council last night.
Related Stories
Georgina Councillor Neeson fights... Georgina's updated Official Plan... Developer pushes Lake Simcoe Region......
Ontario home sales just miss setting March record
Highlights
Residential sales up 12.2% in March 2016 compared to a year earlier.
New listings in Ontario numbered 34,370 units in March 2016, a decrease of 6.2% compared to last year.
The provincial average price of homes in March 2016 rises 11.5% compared to a year earlier.
There were 2.4 months of inventory at the end of March 2016.
Unit Sales
Residential sales activity reported through...
Ontario home sales just miss setting March record
Highlights
Residential sales up 12.2% in March 2016 compared to a year earlier.
New listings in Ontario numbered 34,370 units in March 2016, a decrease of 6.2% compared to last year.
The provincial average price of homes in March 2016 rises 11.5% compared to a year earlier.
There were 2.4 months of inventory at the end of March 2016.
Unit Sales
Residential sales activity reported through...
Georgina Councillor Neeson fights to protect Maple Lake Estates land
Georgina Civic Centre
File photo
Georgina Advocate
By Heidi Riedner
Content via Yorkregion.com
A Georgina councillor may be the lone voice of dissent for the second time regarding the disputed Maple Lake Estates lands slated for large scale development on designated wetlands in the North Gwillimbury Forest.
Ward 3 Councillor Dave Neeson said he plans to put forward a motion at Wednesday night’s meeting of council to amend...
Transit, not Bradford bypass, priority for province: Ontario Premier Kathleen Wynne
Newmarket Era
By Teresa Latchford
Content via YorkRegion.com
Anyone hoping for a nod from the province about plans to construct the Bradford bypass shouldn’t hold their breath.
Ontario Premier Kathleen Wynne, who stopped in Newmarket today to speak with Huron Heights Secondary School students about tuition grants announced in this year’s budget, said the conversation about the connecting link between highways 400 and 404 continues, but the...
Builder waiting since ’14 to open Hwy. 48 Tims in Mount Albert
East Gwillimbury Express
By Simon Martin
Content via YorkRegion.com
It’s no secret Mount Albert residents are hot to trot for a Tim Hortons to come to town.
What could be better than getting your double-double fix just minutes from your front door?
That dream can now be considered a distinct possibility. Oxford Developments would like to build a Tim Hortons and Esso gas station on Hwy. 48, just north of Mount...
Content Via:
Georgina Advocate
By Heidi Riedner
There’s nothing like laying it on the mat and walking away a champion and two Keswick preteens did just that — with the characteristic walk of both a gymnast and a dancer — this past weekend.
Justine Blanchard, 11, and Lenee Dimkin, 12, are fellow Keswick Public School students who have been training together as gymnasts since they were seven years old.
In addition to competitive gymnastics, the girls...
Young at Heart Lifeystyle Expo is approaching on June 4, 2016 at the Keswick High School from 10am – 2pm.
Young at Heart lifestyle Expo is a great show with fun for the entire family. The event is free and includes vendors, car show, kids crafting area, silent auction, all things to discover why Georgina is a great place to live, work, play and...
Daniel Foch - Georgina Real Estate - YorkRegion.com
Content via: http://www.yorkregion.com/shopping-story/6470110-daniel-foch-royal-lepage-your-community-realty/
Daniel Foch of Foch Family Real Estate Services in Keswick, Ontario, is on top of the real estate market in the Georgina area. Not only can he help you find a great property, but he also knows important information about home values and trends that can help you make more-informed decisions.
The demand for homes in Georgina is growing quickly, which...
Staff’s proposed Official Plan continues to leave a big hole in the heart of our forest - NGFA
Content via: http://ngfa.cmail20.com/t/ViewEmail/y/A9C54F86BAC77FDD/68A29FD4E20A3AFA775FA7C4C6318CD9
Staff’s proposed Official Plan continues to leave a big hole in the heart of our forest
The proposed new Official Plan (April 2016) being put forward by the Town of Georgina's Planning Department prohibits development on all of the major wetland and woodland areas in rural Georgina with one exception — the Maple Lake Estates (MLE) property...
Saturday April 2 – 10am – 2pm
Job Fair – YorkWorks Sutton
Call to Register: 905 722-1480
Hiring for restaurant positions – 20887 Dalton Road, Unit 5
Saturday April 2nd – 11am – 2pm
Car Seat Clinic – Keswick Christian Church
APPOINTMENTS REQUIRED – email : SafeTravelsCarSeats@gmail.com to book.
No Fee but donations to The Optimist Club of Keswick would be gladly accepted
Monday April 4 – 6pm...
Royal Bank of Canada will be raising rates on several of its mortgages starting Friday, but the other big banks have not yet indicated if they will follow suit.
RBC, one of Canada’s biggest lenders, says its special offer five-year fixed mortgage goes up one-tenth of a point to 3.04 per cent.
The bank says the changes don’t apply to its posted mortgage rates, which are typically higher than special offer rates.
Several other special offer mortgage...
Keswick South continued to lead in homes for sale in Georgina, claiming 28 of 88 homes sold. We are witnessing continued increase in market share from both Keswick South and Sutton & Jackson’s Point, moving 29% to 32% and 23% to 24% of total this month, respectively. New home sales in Georgina recorded on the MLS represent the biggest driver of real estate sales for Keswick South and Sutton & Jackson’s Point.
Based on the data available, it appears that subdivision...
Ontario Real Estate Market Statistics - February 2016
Ontario home sales rise to new February record
Highlights
Residential sales up 15.8% in February 2016 compared to a year earlier.
New listings in Ontario numbered 25,384 units in February 2016, an increase of 3.8% compared to last year.
The provincial average price of homes in February 2016 rises 12.7% compared to a year earlier.
There were 2.8 months of inventory at the end of...
March Events
Thursday March 3
Lego Club - Peter Gzowski (Sutton) Library
Free drop-in in celebration of Sutton's birthday this year,
Mayor Margaret Quirk is helping us build “1891 Sutton” in LEGO.
6:30pm
www.georginalibrary.ca/
March 4, 11, &18
The Queensville Players Talent Search - Stephen Leacock Theatre
TALENT SEARCH!!!! We have CASH prizes and giveaways for the winner and runners up! In support of Sandgate Women's Shelter
email: ...
Keswick Marketplace | Georgina Commercial Real Estate
Keswick Marketplace
23620 Woodbine Avenue, Keswick, Ontario
Located at the intersection of Woodbine Avenue and Glenwoods Avenue, this new format retail featuring Walmart, TD Canada Trust and Royal Bank.
Total Sq. Ft.
325,000
Category
New Format Retail
Leasing Rep
Jennifer O'Leary
416-866-2985
joleary@riocan.com
Major Tenants
Walmart
TD Canada Trust
Royal...
Woodbine Avenue & Dovedale Drive Plaza | Georgina Commercial Real Estate
Woodbine Avenue & Dovedale Dr.
Retail Commercial Office Development
Major Tenants:
Symposium Cafe
Pizza Hut
Pita Pit
Phase 1: Approximately 2 acres of land with a total of 20,033 sq. ft.
Retail, service, office and dental opportunities still available.
1,100-8,000 sq. ft. available
Pad opportunity available, build to suit retailer prototypes.
Possession: Fall 2016
Situated one hour north of Toronto, this development will...
Helping Grow Greener Communities: Sustainable Real Estate at the University of Guelph
Green business is alive at The University of Guelph’s College of Business and Economics. The college’s mission – to develop and be ‘leaders for a sustainable world’ – runs through its students, researchers, and alumni. In 1993, the College introduced a unique undergraduate program focusing on the real estate and housing market. Currently one of the only few programs of its kind in Canada, the College has focused its research and curriculum to explore the...
Georgina Home Sales Overview
Click to view the full report: February 2016 Market Report
Keswick South continued to lead the pack in home sales in Georgina, claiming 20 of the 70 home sales. The big, striking movement in the market came from Sutton & Jackson’s Point, which lagged behind the leader by only 4 home sales.
2 homes were sold in Baldwin
2 homes were sold in Belhaven
8 homes were sold in Historic Lakeshore Communities
3 homes were...
Welcome to the Foch Family Real Estate Community Calendar. Each month we will keep you informed of local events in Georgina.
Have an event you want to tell us about? Email: info@fochfamily.com for the opportunity to be listed on our monthly community calendar.
February
Thursday February 4
World Cancer Day – The Gem Theatre
6-8pm
You can get buzzed and have a chance to win a prize , help to Raise funds and awareness for World Cancer...
Georgina's real estate market - January 2016
2016 Georgina Market Report Download
Strong Start for South Keswick
Keswick South has claimed 27 of the 52 home sales in Georgina in January, 2016 - the vast majority of total sales. Baldwin & Belhaven, traditionally the least-transacted areas in Georgina, are off to a slow start with zero homes sold so far in 2016.
Number of Home Sales
8 homes were sold in Historic Lakeshore Communities
3 homes were sold in...
Aurora in York Region had a total dollar volume of $811,679,297 worth of real estate traded so far in 2015. The average price of a home is $746,715 and the median price of a home is $659,900 The average sale to list ratio this year is 100% and properties are on market for an average of 20 days. There have been 1505 new listings so far this year in Aurora There were 1087 homes sold in Aurora in 2015
East Gwillimbury in York Region had a total dollar volume of $208,389,983...
January 6, 2016 -- The second best sales result on record for December capped off a record year for TREB MLS® home sales in the GTA. Toronto Real Estate Board President Mark McLean announced that there were 4,945 sales reported in December bringing the 2015 calendar year total to 101,299 – a substantial 9.2 per cent increase compared to 2014 as a whole. Strong annual sales increases were experienced for all major home types last year.
"Home ownership is a quality long-term...
York Region, Ontario had a total dollar volume of $660,347,405 worth of real estate traded so far in 2015. The average price of a home is $778,712 and the median price of a home is $710,000 The average sale to list ratio this year is 100% and properties are on market for an average of 23 days. There have been 753 new listings so far this year in YORK REGION Currently, there are 2807 active listings in the area.
AURORA York Region, Ontario had a total dollar volume of...
Late in 2015 I wrote this article about why neighbourhood walkability is going to play a large role in the development of Georgina. Neighbourhood walkability is a major demand amongst the three most prominent real estate buyer groups in Georgina’s market in 2016:
First time homebuyers in Jackson's Point
First time home buyers demand walkability for its urban authenticity and the friendliness and simplicity it adds to their neighbourhood. These buyers also benefit from the...
Why Keswick, Ontario is a great market for real estate investing.
I’ve lived in Keswick, Ontario my entire life. At 24 years old, the only time I’ve ever spent residing outside of Kesiwck was during my time at the University of Guelph, studying for my B.Comm in Real Estate & Housing.
I always used to find it funny when my parents would drive me through places like Richmond Hill, Vaughan, and Markham, where they grew up, and spew nostalgic monologues about how “that plaza used to be a farm” or “I used to hunt deer right...
Neighbourhood Walkability in Georgina: Uptown Keswick
Late in 2015 I wrote this article about why neighbourhood walkability is going to play a large role in the development of Georgina. Neighbourhood walkability is a major demand amongst the three most prominent real estate buyer groups in Georgina’s market in 2016:
First time homebuyers in Keswick
First time home buyers demand walkability for its urban authenticity and the friendliness and simplicity it adds to their neighbourhood. These buyers also benefit from the cost savings of...
Portraits of Walkability: Georgina's most Walkable Neighbourhoods
Walkability. If you've ever been privy to the circles of planning, development, or real estate south of Green Lane, you've definitely heard someone wax poetic about this term, and the value of robust mixed-use communities, intimately walkable development patterns, and new urbanism. With this series of articles, it's my goal to identify the most walkable neighbourhoods in Georgina - but I want to preface by establishing why this even matters:
Up here in the...
What the New Federal $500,000 Down payment policy means for the Georgina real estate market
There's an old saying among circles in commercial real estate that goes something like this:
If you want to live in the GTA, drive north until you can afford.
I think that now, more than ever, the practicality of this statement plays a big role in the Canadian real estate market. As a result of the change in policy announced by Finance Minister Bill Morneau, home buyers will have to put a 10% down payment/equity position on the price of a home over $500,000.
Now don't get me...
What Trudeau's new RRSP policy means for the real estate market.
In the aftermath of one of the most controversial elections in Canadian history, it's no surprise that we've all been inundated with biased critiques of the policy and individuals involved. I'll be the first to admit that I don't understand every aspect of policy that's been changed, but I do understand a part of it. What I'd like to do is take a step back and look at the economic implications of the aspects of policy that I do understand.
There are two parts of the...
2015's 10 Most Expensive Streets in Georgina - Number 1: May's Wharf
Number one - May's Wharf
(Road to Mays Wharf)
Mays Wharf is one of the illusive, beautiful areas in Roches Point, where residents enjoy resort-style living within the privacy of a secluded street, tucked away from major arterial roads, while still maintaining close proximity to amenities. Properties in the area feature some of the largest remaining lake frontages available on Lake Simcoe, especially in terms of direct Lakefronts. Anybody who has made the boat trip from Krate's...
2015's Top 10 Most Expensive Streets in Georgina - Number 3: Land's End
Land's End is an exclusive, luxury locale just off of Lake Drive East, with a beautiful view overlooking both the private Franklin Beach Area and Public De La Salle Beach Area. Lakefront properties on Land's End offer stunning year-round views of Lake Simcoe's gorgeous, world-class sunsets, along with fast access and nautical travel to beautiful lakefront dining in surrounding Keswick, Jackson's Point, Lefroy, Innisfil, and Barrie. With its exclusive, cottage country appeal...
2015's Top 10 Streets in Georgina - Number 2: Wolford Court
Number 2 - Wolford Court
(Eastbourne Estates)
The centerpiece of the stunning new Eastbourne Estates development features large estate lots boasting sprawling bungalow and bungaloft homes with quality finishes, rich materials, vaulted ceilings, and large, lofted 2, 3, and 4 car detached garages. Just within walking distance to the beaches on Lake Simcoe, and a stone's throw from Eastbourne Golf course, it's not hard to understand why these estates have become a common...
2015's 10 Most Expensive Streets in Georgina - Number 4: Hedge Road
Number 4 - Hedge Road (Jackson's Point)
Hedge Road is a historic landmark of wealth & upscale lifestyle, featuring beautiful lakefront walking, lots and trails lined with hedges, large frontages on some of Lake Simcoe's most beautiful water, and within walking distance from The Briars, one of Georgina's most prestigious golf & country clubs. Many large, historic lake houses were used by the traditional wealthy families in Toronto, who capitalized on this...
2015's 10 Most Expensive Streets in Georgina - Number 5: Westwind Circle
Number 5 - Westwind Circle
(Historic Lakeshore Communities)
Westwind Circle epitomizes exclusivity in Georgina. With a vast portion of the locale owned by a handful of high net worth individuals, these properties seldom come on the market, and when they do, they move quickly and command high prices. Westwind Circle features a private residents' waterfront area, which has been immaculately landscaped and includes a dock and a beach. The area is a secluded,...
2015's 10 most expensive streets in Georgina - Number 6: Shore Crescent & Huntley Drive
Number 6 - Shore Crescent & Huntley Drive
(Willow Beach)
Wedged between Willow Beach & De La Salle Beach (and walking distance to both beaches), Shore Crescent and Huntley Drive make up one of the most prestigious areas in Georgina. These roads feature double-wide lots with large bungalows, bungalofts, and beyond, surrounded by green space, cooled by the breeze coming from adjoining Lake Drive East, and walking distance to Willow Greens Golf Centre.
Shore...
2015's 10 Most expensive streets in Georgina - Number 7: West Park Heights & Mackenzie Court (tied for 7th)
Number 7 - Mackenzie Court
(Keswick)
Mackenzie Court features some of the largest newly built homes in Georgina to date, on a private, cul-de-sac subdivision setting, and homes that feature beautiful architecture, clad with top of the line building materials, rich, modern interiors with extensive, functional spaces drenched with natural light.
Mackenzie Court in Georgina has an average list price of $707,982. The average sale price for Mackenzie Court is $694,000 with an...
2015's 10 most expensive streets in Georgina - Number 8: Lake Drive East
Number 8 - Lake Drive
(Keswick - Roches Point - Jackson's Point)
Admittedly, Lake Drive North, Lake Drive South, and Lake Drive East all deserve a spot in the top 10 most expensive streets in Georgina, however, the numbers quite simply don't work out that way this year. The reality is that a number of non-lakefront listings tend to skew the data away from the lakefront listings in these areas, since their transaction volume is significantly higher: a lot less...
The 10 Most Expensive Streets in Georgina - Number 9: Broadview & Highfield
Number 9 - Broadview Avenue
(Keswick North)
Broadview Avenue and Highfield Crescent in Keswick North, Georgina Ontario, has immensely benefited from the increased popularity of Woodbine Avenue as a major arterial road, since the arrival of Provincial Highway 404 to Keswick. Broadview features massive, lush, mature treed lots, with large, spacious homes just off of Old Homestead Road in Keswick. Homes in this area experience the privacy of being tucked back behind mature trees, and...
What’s the reason that IKEA, the furniture big box store, sells over $30 billion worth of products annually? Price is certainly part of the equation, but there are lots of lower cost furniture stores. That maze they trap you in for hours at a time? Yep, that’s part of it. But IKEA’s biggest differentiator?
The rooms.
IKEA’s warehouses on average contain almost 50 room set ups – interiors where they don’t just place the furniture but create an entire...
2015's Top 10 Most Expensive Streets in Georgina - Number 3: Land's End
Number 10 - Turner Street
(Roches Point)
I think we can all agree that Turner Street, along with its companions Raines Street and Bouchier Street, do not belong at the bottom of this list. With that being said, because these areas are so sought after, there seldom comes a transaction in this area on the multiple listing service, where we get our data from. So, as a result, Roches Point sits at 10th place for 2015's Top 10 Most Expensive Streets in Georgina, simply because of lack...
Infographic Series: Georgina Real Estate Market Information
Keep in mind these are short & sweet infographics designed to efficiently convey Georgina Real Estate Market information for interested parties.
If you'd like a fully detailed report about the listings, please contact me at 905.251.5483, or via e-mail at daniel@fochfamily.com
Baldwin in Georgina, Ontario had a total dollar volume of 3993000 worth of real estate traded so far in 2015. The average price of a home is 443666 and the median price of a home is 405000...
Infographic Series: York Region's real estate market as of September 1st, 2015.
Wondering how the Georgina Real Estate Market stacks up against the rest of the region? Have a look at our updated infographic series for York Region, as of August 2015.
York Region, Ontario had a total dollar volume of $1,172,085,243 worth of real estate traded so far in 2015.
The average price of a home is $796,254 and the median price of a home is $710,000. The average sale to list ratio this year is 100% and properties are on market for an average of 23 days. There have been...
Number of Transactions
In 2015, Historic Lakeshore Communities have experienced the highest relative number of sales in Georgina, at 53 Sales in the second quarter. The relative number of sales is the number of sales based on the inventory in the area. Because of the nature of the inventory in the Historic Lakeshore Communities, the vast majority (92%) of these transactions were the trade of detached properties.
Average and Median Sale Price
The average and median sale price in...
Georgina, Ontario is the northernmost part of the Greater Toronto Area. Located along the eastern shores of Lake Simcoe, Georgina is approximately 1 hour north of The City of Toronto, perched atop the Highway 404 Extension.
Georgina’s real estate market has been frequented by retail, commercial, industrial, agricultural, and residential end users, as well as speculative investors, all seeking to get safe, stable returns and strong long-term value and equity growth. Georgina residents...
Why Keswick, Ontario is a great investment market for rental properties.
I’ve lived in Keswick, Ontario my entire life. At 24 years old, the only time I’ve ever spent residing outside of Kesiwck was during my time at the University of Guelph, studying for my B.Comm in Real Estate & Housing.
I always used to find it funny when my parents would drive me through places like Richmond Hill, Vaughan, and Markham, where they grew up, and spew nostalgic monologues about how “that plaza used to be a farm” or “I used to hunt deer right...
When HBC closed Zellers, Canadians never really had to fully experience the consequences of the change. Sure, we had to take our appetite for frugal and odd purchases elsewhere, but that appetite was quickly filled by Target… or so we thought.
Now, we all have our own opinions about why Target failed in Canada so allow me to voice mine. Beyond the obvious 1) not treating their business like a startup and anticipating a loss while they gained traction and 2) utterly failing from the...
Via: Wikipedia
In urban planning, infill is the rededication of land in an urban environment, usually open space, to new construction. Infill also applies within an urban polity to construction on any undeveloped land that is not on the urban margin. The slightly broader term "land-recycling" is sometimes used instead. Infill has been promoted as a economical use of existing infrastructure and a remedy for urban sprawl.[1] Its detractors view it...
Via: Wikipedia
Variations on redevelopment include:
Urban infill on vacant parcels that have no existing activity but were previously developed, especially on Brownfield land, such as the redevelopment of an industrial site into a mixed-use development.
Constructing with a denser land usage, such as the redevelopment of a block of townhouses into a large apartment building.
Adaptive reuse, where older structures which have outlive their uses are converted into new...
Via: Wikipedia
Lake Simcoe is a lake in Southern Ontario, Canada, the fourth-largest lake wholly in the province, after Lake Nipigon,Lac Seul, and Lake Nipissing.[1] At the time of the first European contact in the 17th century the lake was calledOuentironk ("Beautiful Water") by the Huron natives. It was also known as Lake Toronto until it was renamed by John Graves Simcoe, the first Lieutenant-Governor of Upper...
Information Via Wikipedia
King's Highway 404 (pronounced "four-oh-four"), also known as Highway 404 and colloquially as the 404, is a400-series highway in the Canadian province of Ontario connecting Highway 401 and the Don Valley Parkway (DVP) in Toronto with Newmarket. The controlled-access highway also connects with Highway 407 in Markham.
Construction on...
Via: Wikipedia
Georgina (Canada 2011 Census population 43,517) is a town in south-central Ontario, and the northernmost municipality in the Regional Municipality of York. It forms part of the northern boundary of the Greater Toronto Areaand is situated on the southern shores of Lake Simcoe. Although incorporated as a town, it operates as a township, in which dispersed communities share a common administrative council. The largest communities...
Via: Wikipedia
Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Real Estate has traditionally outperformed the Wall Street equity market. A street by street knowledge of the market make it perfect for small savvy investors. Large institutions lag behind trends. Improvement of realty property as part of a real estate investment strategy is generally considered to be a sub-specialty of real estate...
A real estate entrepreneur or a real estate investor to a lesser extent is someone who actively or passively invests in real estate. An active investor may buy aproperty, make repairs and/or improvements to the property, and sell it later for a profit. A passive investor might hire a firm to find and manage an investment property for him. Typically, investors choose real estate for several reasons: cash flow, capital...