Jane de Pencier

Broker

Menu

Jane de Pencier

Broker
Office: (416) 925-9191 jane@janedepencier.com

Jane de Pencier

Broker

March, 2022

Trending ?

While these numbers for February indicate prices are still trending up, statistics from the past two weeks indicate showings are down and offers are down.  What does it mean that offers are down?  Is it more significant than a property which in the past year would have had 10 offers is now down to 3 offers?  It is not clear.  It could be more significant than this.

This is a two week phenomenon.  The move in interest rates, but more profoundly the war in Ukraine are the likely reasons. Time will be our guide.

 

 

Recent Market Reports

May, 2023

Happening…

Read More

April, 2023

Your Lab Results

While prices are  down when compared to last March, it’s important to remember that last year’s market was being tested on artificial pandemic stimulants. Things are now better than they appear. The big news is inflation is reported down to 4.3%. Market health is improving.  Showings are up and the GTA recently experienced a record […]

Read More

March, 2023

What is the Trend?

In the world of financial and business soothsaying most of us have heard the expression, “The Trend is Your Friend.”  Identifying when a trend has been established is important.  House prices have been increasing for 8 weeks in a row – but for the previous 38 weeks they decreased.  Is this a trend or a […]

Read More