Tag: Market Update
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GTA REALTORS® Release June 2021 Stats
June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the regular seasonal trend. The average selling price in June increased by double digits compared to last year as well, but the annual rate of…
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Toronto Market Stats – May 2021
Residential transactions reported through TRREB’s MLS® System remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May. Greater…
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Careful what you wish for: rate hikes aren’t the answer
A joint Nanos and Bloomberg poll last month revealed Canadians would welcome interest rate hikes as a means of cooling the housing market, but the reality is far more complicated than that. “Who in their right mind would want interest rates to rise? Anyone who’s thinking they want interest rates to rise to slow home…
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Outside of the Box: June 2021
Monthly minutes Want to know whats happening on the market right now ? Make sure to watch the full video!
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Outside of the Box: May 2021
Monthly minutes: Want to know whats happening in the market right now ? Make sure to watch the full video!
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Inflation Rate is on the RISE!
By: Felix Vortsman Unlike the BS posted inflation rates posted by our fearless (aka incompetent) government leaders, real inflation for everything that we need for survival is spiking to dangerous levels. Problem is, people’s wages and incomes are not keeping up. In addition to the list below, cost of housing, whether you’re looking to buy…
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Outside of the Box: April 2021
Monthly minutes Want to know whats happening on the market right now ? Make sure to watch the full video!