by Daniel Foch | Sep 16, 2023 | Boards & Associations, Columnists
Once again, sales volume has continued to fall in Canadian real estate — although this time, it was probably to be expected. According to monthly statistics from CREA, national home sales declined 4.1 per cent month-over-month in August, which is...
by Daniel Foch | Sep 7, 2023 | Boards & Associations, Columnists
By most accounts, August 2023 looked remarkably similar to August 2022. We saw a little less volume and a little more price than last year, according to the latest data from the Toronto Regional Real Estate Board’s (TRREB) Market Watch. The average price of a...
by Daniel Foch | Aug 16, 2023 | Boards & Associations, Columnists
Canada’s real estate market continued to cool in July, despite the summer heat. Months of inventory rose for the first time after falling for seven consecutive months since January. Sales-to-new listings ratio continued its steep downtrend for the fourth...
by Daniel Foch | Aug 4, 2023 | Columnists, News
In its Market Watch for July, the Toronto Regional Real Estate Board (TRREB) states that the real estate market was more balanced, and I’d generally agree with that. The market is behaving in a fashion that doesn’t favour buyers or sellers. This is...
by Daniel Foch | Jul 17, 2023 | Columnists
The quarterly number of homes sold in Canada just increased for the first time since 2021. Transactions in June 2023 came in 4.7 per cent above June 2022 — the largest jump in two years, according to CREA’s June data. Perhaps the resurrection in...