Real Estate Market Update: March 2015

Real Estate Market Update: March 2015

Topic: National Outlook According to statistics released by the Canadian Real Estate Association (CREA) national home sales edged up 1.0% from January to February. The increase was led by the Greater Vancouver and Greater Toronto areas which offset declines elsewhere....

Market Update – February 2015

The arctic weather we have been experiencing for several weeks now definitely put a chill in the Real Estate market in January.   Listing and sales were both down, more so than the average slowdown typically experienced in the January time frame.  That being said...

Market Update – October 2014

The red hot market that has typified the spring and summer selling seasons continued through the month of September with the Realtors Association of Hamilton Burlington reporting a record setting month for residential sales, representing a 7% increase over the same...

Market Update – June 2014

National Home Sales Way Up in May The latest statistics released by the Canadian Real Estate Association (CREA) this past week confirm what I and many Real Estate agents like myself experienced in May- sales activity was WAY up. After an incredibly bleak winter that...

Market Update – March 2013

The REALTORS® Association of Hamilton-Burlington (RAHB) reported the average sale price for all property types in March was 10.8 per cent higher than same month last year while the volume of listings and sales continue to be lower than the same period last year, down...

Market Update – February 2013

The REALTORS® Association ofHamilton‐Burlington (RAHB) reported today that the average sale price for all property types in February was 4.9 per cent higher than same month last year. While prices continue to edge higher listings and sale are down 16.9% and 14.4% respectively from the same period last year.

There is much speculation in the news of a slowing market but at this point it is too early to tell. My experience continues to be that if a home is priced well according to neighbourhood and market conditions and has been effectively prepared for sale through staging, de-cluttering and addressing maintenance items that buyers are ready and willing to make an offer. This is evidenced through many multiple offer scenarios for properties througout Burlington and Oakville.

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