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

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]