Certainly, we are all aware of short term performance in real estate. It’s all over the news, whether it be significant increases or significant decreases. Let’s have a look at …
2022 GTA Market: Up 8.61% or Down 9.21%
17.82% Difference According to TRREB the average price of single family residential real estate, which includes detached, semis, townhouses and condos went up 8.61%. According to me, they went down …
Market Indicators – 6 January 2023
Commercial Bond Yields CMB 5 Year – 3.72%*EST. CANHOU 06/15/28[+0.07%] 10 Year – 3.76%*EST. CANHOU 06/15/33[+0.05%]* denotes interpolated rateGoC5 Year – 3.40%CAN 09/01/27[+0.06%] 10 Year – 3.24%CAN 06/01/32[+0.04%] 15 Year – 3.30%*Est. 12/01/36[+0.03%] 20 …
Real Estate Compared toTesla Stock
Real Estate Compared toTesla Stock Over the last year, Tesla stock has declined 64.97%. That’s a lot. Real estate has gone down somewhat in the range of about 20% to …
Commercial Indicators 23 December 2022
Commercial Bond Yields CMB 5 Year – 3.54%*EST.CANHOU 06/15/28[+0.13%]10 Year – 3.68%*EST.CANHOU 06/15/33[+0.11%]*denotes interpolated rateGoC5 Year – 3.23%CAN 09/01/27[+0.14%] 10 Year – 3.16%CAN 06/01/32[+0.12%] 15 Year – 3.26%*Est. 12/01/36[+0.08%] 20 …
Are Prices Going Up or Down: Answer YES!
Everyone wants to know what’s happening in the market. Are prices going up or down? The answer is “yes”. Supply Shortage The prices are actually going up due to the …
Bank of Canada Increases Overnight Rate by Half of One Percent
On 7 December 2022, the Bank of Canada raises interest rates again in order to combat inflation. Will this be enough? Next time will be 26 January 2023. Remember, that …
Toronto and GTA Markets in November 2022
GTA REALTORS® Release November Stats TORONTO, ONTARIO, December 6, 2022 – Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were …
Toronto and GTA Markets in October 2022
GTA REALTORS® Release October Stats November 3, 2022: “Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Greater Toronto Area (GTA) found …
Ontario Waterfront Properties ~ Good Deals!
Where are the best deals? With the prices of waterfront properties having risen so much since the turn of the century, where are you going to find good deals now? …