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May 24,2017 Toronto Real Estate Bidding Wars Turn to Buyers’ Remorse (Bloomberg) — Toronto’s hot housing market has entered a new phase: jittery. After a double whammy of government intervention and the near-collapse of Home Capital Group Inc., sellers are rushing to list their homes to avoid missing out on the recent price gains. […]
MARKET SHOWING NO SIGNS OF SLOWING… JANUARY UPDATE
February 27, 2017 by
Monthly Residential Statistics – For the Month of January 2017 Barrie & District Association of REALTORS® “The real estate market is continually changing, and 2017 shows no signs of that stopping. A local, professional REALTOR® is your best investment for managing your real estate needs.” ‐says the 2017 President, Barrie & District Association of REALTORS® Inc. (BDAR) City of Barrie ‐ Within the City of Barrie, detached residential properties posted an average selling price for the month of January 2017 of $523,618 an increase of 32% over January 2016. Residential townhouse, link, and semi‐detached homes in the City of Barrie posted an average selling price of $397,411 in January 2017, a 38% increase over January 2016. Condominium sales average for the City of Barrie for the month of January 2017 was $301,115, a 41% increase compared to January 2016. Essa Township In Essa Township, detached residential properties posted an average selling price of $491,540 in January 2017, an increase of 30% over January 2016. Town of Innisfil Detached residential properties in the Town of Innisfil posted an average selling price of $519,013 in January 2017, an increase of 29% over the month of January 2016. Oro‐Medonte Township The average selling price for detached residential properties in Oro‐Medonte in January 2017 was $506,768 an increase of 12% over January 2016. Springwater Township Detached residential homes in Springwater Township posted an average selling price in January 2017 of $722,021 an increase of 82% over January 2016. For more details about your home or neighbourhood, please contact me ( [email protected] 705.727.6787) for an up to date, factual analysis of the local market. The Barrie & District Association of REALTORS® cautions that over a period of time, the use of average price information can be useful in establishing trends, but it does not indicate actual prices in widely divergent areas or account for price differentials between geographical areas. The Barrie & District Association of REALTORS® Inc. covers a geographical area that includes the City of Barrie and part or all of the surrounding townships, including Springwater, Oro‐Medonte, Innisfil, Essa, Bradford‐West Gwillimbury and Clearview. Data is provided from the MLS® Database System of the Barrie & District Association of REALTORS® Inc
Market Review – DECEMBER 2016
January 18, 2017 by
Monthly Residential Statistics – For the Month of December 2016 Barrie & District Association of REALTORS® “We saw record sales in 2016. This shows the importance of using a local professional REALTOR® when buying or selling your home. REALTORS® ensure their clients are properly represented while conducting real estate business.” ‐ said the 2017 President, Barrie […]
Barrie & District Real Estate UPDATE OCTOBER 2016 ( click here…)
December 2, 2016 by
Ontario August Market Update
September 20, 2016 by
Ontario home sales set new August record Highlights Residential sales up 17.2% in August 2016 compared to a year earlier. New listings in Ontario numbered 28,562 units in August 2016, a decrease of 3.2% compared to last year. The provincial average price of homes in August 2016 rose 16.2% compared to a year earlier. There […]
5 REASONS WHY HOUSE PRICES in TORONTO & VANCOUVER CONTINUE TO RISE…
June 27, 2016 by
THEREDPIN JUNE 24, 2016 Image: jordmiller/Flickr While foreign investors and record low-interest rates are often pegged as the biggest drivers propelling house prices skywards – truth be told, no one reason is “to blame.” The real estate boom we’re currently in the midst of comes down to a multitude of factors, many of which stem […]
May 2016 ‘ STATS at A GLANCE’…
June 1, 2016 by
MONTHLY RESIDENTIAL STATISTICS BARRIE & DISTRICT ASSOCIATION OF REALTORS® INC. BARRIE Within the City of Barrie, detached residential properties posted an average selling price for the month of May 2016 of $459,132, an increase of 20% over May 2015. Residential Townhouse, Link and Semi-Detached homes in the City of Barrie posted an average selling […]
COULD CANADIAN MORTGAGE MARKET DUPLICATE THE US REAL ESTATE MELTDOWN?
May 27, 2016 by
Fears of a Canadian housing bubble and a U.S.-style housing meltdown continue to drive considerable short activity in Canada’s major banks. Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is the most shorted bank on the TSX, while Bank of Nova Scotia(TSX:BNS)(NYSE:BNS) is the fourth most shorted. Then you have Royal Bank of Canada(TSX:RY)(NYSE:RY), which is the most shorted […]
Market is HOT HOT HOT….Update March 2016
April 18, 2016 by
Residential property sales recorded through the MLS® System of the Barrie & District Association of REALTORS® Inc. numbered 553 units in March 2016, an increase of 22.6 per cent from March 2015. This was the most active month of March on record. Within the City of Barrie, sales activity rose 16.4 per cent on a […]
EXTEND LAND TRANSFER TAX across ONTARIO …Buyers Take note…
November 9, 2015 by
Liberals to extend land transfer tax powers across Ontario Financial Post Garry Marr2015-10-27 TORONTO • It’s a tax realtors have never stopped fighting in Toronto since it was introduced seven years ago, and now their worst fears may be coming true: The land transfer tax is spreading across Ontario. The Ontario Real Estate […]
