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February 2020 Market Update

Thursday Mar 05th, 2020

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So the February stats are in and the market has caught fire as we head into the spring market. January saw a strong month to get 2020 started and now February has exploded. I have not seen conditions like this since the spring of 2017. Due to the lack of available inventory and plenty of buyers looking for a home we are seeing multiple offers and higher prices. See the image below for a snapshot of February's market activity.            With the current... [read more]

2019 December Stats and 2020 Market Outlook

Thursday Jan 09th, 2020

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So 2019 is now behind us and we now embark on a new decade and a new year. I wanted to put this post together to discuss how are market performed in 2019 and what 2020 might bring to our real estate market. The last few years have been a roller coaster with the runnaway market of 2017 and the correction we saw in 2018.  2019 brought us a more balanced and moderate market.  As you can see from the charts below 2019 was a year of low supply and rising prices, and we finished the year... [read more]

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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules and the REALTOR® Code.  The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

 

The trademarks MLS®, Multiple Listing Service®, and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.