December 2020 unfolded like no December before. Sales of all property types, including condominiums, looked more like late spring numbers than what is normally the market’s performance during the holiday and yearend season. With interest rates at historically low levels, and retail shops shuttered by the provincial authorities, buyers went shopping for real estate.
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 MoreIn 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