The volume metrics I was optimistic about have regressed pretty substantially. Even more surprising is that price seems to show some surprising resilience against the volume challenges in the market right now. I think this is a good thing, but I'm reluctant to give it too much credit right now as it seems to be evolving as a selection bias. Selection Bias in York Region House Price Growth The easiest way to visualize this is by evaluating the price rebound we've seen is to try to... [read more]

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

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... [read more]

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... [read more]

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... [read more]