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October Report! TREB reports that the sale in September were up 1.9% compared to last year, however new listings are down 3.1% compared to September 2017.  This has resulted in a tighter overall market. Average selling price is up  0.2% from last year but  is down 0.5% compared to last month. Personally, we have not seen any slow down in pricing and have actually sold properties ...Read More

September 2018 Fall has arrived!  The August market is up 8.5% in the number of transactions from August 2017.  Average pricing and the Home Price Composite Index are both up from 2017 - 4.7% and 1.5% from August 2017.  Month over month average selling price was down 0.2% on the back of the last 3 rising months.  Average cost of detached home in August 2018 was $977,187 and ...Read More

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August 2018   As predicted, the market is improving!  We saw an 18.6% increase in the number of transactions from last year and 6.6% increase from last month. Average pricing is up 4.6% from the same month last year and 3.1% from last month. What is most interesting is that these gains are happening during what is typically holiday months of July and August.  My feeling is that t...Read More

July is upon us! The June market showed signs of improvement with sales up 2.4% from June 2017 and very positive 17.6% from the previous month of May.   The average sale price was up 2% year over year and 3.3% from the previous month showing a steady upward trajectory as buyers returned to the market. We are still 4.8% down in price year over year based on the MLS Home Price Index but...Read More

WELCOME JUNE!   The market in May was down 22.2% compared to last year, but showed an improvement versus previous months in 2018 which were down over 30%.  The number of transactions were up fractionally (42 sales...I was right about increasing although by a smaller margin than I expected). The MLS Home Price Index Composite Benchmark was down 5.4% and average selling price was down 6...Read More

Welcome May!  Finally, Spring has arrived. April's sales are down 32.1% compared to last year with 7,792 sales recorded.  The average selling price is down 12.4% but the MLS Home Price Index Composite Benchmark is only down 5.2% as the majority of the decrease has come from the slow sales in the luxury market.  Homes over 2M accounted for 5.5% of total sales versus 10...Read More

  Spring is in the Air!  Not!  Welcome April!  Well I wish I had better news.  The market has slipped a bit further and the number of transactions are down 39.5% in March 2018 versus the same time in 2017.  This is balanced by the number of new listings also being down 12.4% from last year. Currently we are experiencing a larger than normal inventory of about 2-3 m...Read More