According to latest figures from the Canadian Real Estate Association, house prices across Canada have dropped 11 per cent since the peak in May of $316,896, down to $280,880 in November, The drop is weighed more heavily in markets that experienced drastic upswings in property values. Benjamin Tal, a CIBC World Markets economist said that “it was back to reality …
The Market Tables Have Turned
“How quickly the tables turned!” is the response of most economists when faced with the question about the current Canadian real estate market. Experts have seen markets swing from a seller’s market to a buyer’s market before, but not quite this quickly. CIBC World Markets economist Benjamin Tal said we have moved from a seller’s market to a buyer’s market …
Buying up? First time buying? Now is your time!
For all those first time buyers or those who have been waiting for the right time to move into a bigger household, now is your time. With housing prices dropping and interest rates at record lows, now is the time to consider purchasing a home. House prices across Canada fell nearly 10 per cent and sales slipped 42 per cent …
OPEN HOUSE THIS SATURDAY DECEMBER 13th
Affordable Oakville beauty just got more beautiful! Sellers have given their bathroom a facelift at no extra cost to you. Approximately $6000 in improvements in the last three months. Come by #121-1050 Falgarwood Drive on Saturday December 13th between 2:00pm and 4:00pm to see all of the updating. You won’t find a better bargain than this Oakville townhouse. Listed at …
Buying up in a down market!
Have you been waiting for a time when home ownership would become affordable again? Now is that time! With housing prices as low as they are, it is now easier for the renters who always wanted to buy, for the young couple in the townhouse or condo that have been waiting to buy the larger house with a great yard, …
Toronto Real Estate Market Report – October 2008
GTA sales down 35%; Toronto down 38% Toronto Real Estate Board Members reported 5,155 sales in October, down 35 per cent from the 7,915 sales reported in October of 2007, and also down 25 per cent from the 6,876 sales reported during October 2006. Within the City of Toronto, 2,136 sales were recorded. This was down 38 per cent from …
Open House – Sunday, November 16 from 2:00pm – 4:00pm
Come visit us at 2240 Greening Lane on Sunday, November 16th between 2:00pm and 4:00pm to view this Bronte Woods beauty! 3 bedroom, 3 bathroom freehold townhouse located near Appleby Line and Upper Middle Road. Ensuite bathroom, single car garage, main floor laundry and eat-in kitchen. Get there early as the recent price drop will have it sold quickly! For …
OPEN HOUSE – SATURDAY NOVEMBER 15TH – UPPER MILLCROFT TOWNHOME
COME VISIT US AT 2963 GUIRE COMMON BETWEEN 2:00PM AND 4:00PM THIS SATURDAY TO VIEW THIS STUNNING FREEHOLD IN MILLCROFT. AWARD WINNING “MONARCH” UPPER MILLCROFT SOPHISTICATED OPEN CONCEPT STYLE TOWNHOME FEATURING – PORCELAIN TILES IN FOYER – EXPRESSO HARDWOOD AND STAIRS WITH WROUGHT IRON PICKETS – FORMAL LIVING ROOM AND DINING ROOM WITH COZY GAS FIREPLACE – LARGE EAT-IN KITCHEN …
Burlington Real Estate Market Report – October 2008
Burlington, Ontario: Although I reported last month that Burlington was holding steady in most categories, it seems the region is finally showing a downward turn and with increased inventory and decreasing prices, the market has shifted in favour of the buyer. Average prices were $368,268 in October 2007 to $322,088 in October 2008 representing a 12.5% fall from this time …
Oakville Real Estate Market Report – October 2008
Oakville, Ontario: If you were ever looking for the right time to buy in Oakville, don’t wait any longer as now is the time. With decreased prices and a large inventory of properties, this market has turned into a buyers dream! Average housing prices in Oakville have dropped from $541,683 in October 2007 to $461,882 in October 2008 representing a …