Thoughts & Happenings

November 2018 Market Stats for the GTA. Want to know more about your current housing market? Please call one of our trusted REALTORS for a thorough update today! 905-845-9180

We have taken a deep dive into how the residential real estate market has performed over the last 30 days compared to this time last year, some of the current trends we are seeing and examined the effects of the government’s policy changes over the last two years.

Specifically, the implementation of the Foreign Buyer Tax in April 2017, 5 consecutive increases to the prime lending rate in the past 18 months and the introduction of tighter mortgage qualification rules in January 2018. These changes certainly have had their desired impact on the market.

September 2018 Market Stats for the GTA. Want to know more about your current housing market? Please call one of our trusted REALTORS for a thorough update today! 905-845-9180

Here’s a quick market update for the month of September where we take a close look at some of the buying trends we are currently experiencing. 

There’s a lot of speculation, but the numbers are clear; 2018 has seen a substantial drop in Asian buyers in the Oakville luxury home market. 

We’ve dissected the numbers for sales over $2 million, considered the Foreign Buyer Tax, as well as tighter financing requirements – and the results are staggering. We’re seeing drops of over 65%! 

August 2018 Market Stats for the GTA. Want to know more about your current housing market? Please call one of our trusted REALTORS for a thorough update today! 905-845-9180

July 2018 stats are in and show strong growth in the number of home sales and average sale price in the Greater Toronto Area. If you want to learn more about your specific neighbourhood check out the Neighbourhoods tab on our website.