MARKET STATISTICS - DECEMBER 2016

Tuesday Jan 24th, 2017

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Average price of a single detached home in December across GTA went up almost 21% compared with 2015 and it doesn't look price growth will slow down anytime soon due to a shortage of properties on the market. Condo market showed strongest sales rates followed by detached homes market.  Full Reports: www.fuadhomes.com/real-estate-news Price growth accelerated throughout 2016 as the supply of listings remained very constrained. Active listings at the end of December were at their... [read more]

Americans looking for Canadian real estate after Trump victory?

Tuesday Jan 24th, 2017

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There is a lot of hysteria once again in the media these days over this "sensitive" subject. It's quite interesting to see this while the government complains about foreign buyers and their involvement in home prices increase. I would like to see data comparison of Canadians moving to US (let's concentrate on Florida alone at this point) vs Americans "fleeing" to Canada.  Nevertheless, on this note I would like to say to those south of border, who will... [read more]

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