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

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