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Today’s 3-pointer will be brief, and it could very quickly become functionally irrelevant as the coronavirus panic spreads from grocery stores to real estate viewings. There are 3 statistically-biased reasons you really shouldn’t get too wrapped up in the idea that “spring market” pricing is any different than the other seasons: People – selection bias Product – selection bias Pricing – observer bias I have this... [read more]

  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... [read more]

Click here to download the full report: february-2017 Georgina Real Estate Market Overview Georgina, Ontario is a real estate market in the Greater Toronto Area, Ontario, Canada. The average list price of a home for sale in Georgina, Ontario was $622,805 in February 2017 . The average sale price of a home in Georgina, Ontario was $666,387 in February 2017 . On average, homes sold for 107 percent of asking price last month, and spent an average of 18 days on the market. A total of... [read more]