Encouraging results for the month despite the news from around the worls. This is an indication that our markets remain strong. http://creastats.crea.ca/coll/
Posted by Douglas Fraser
on December 15, 2011
According to statistics from the Georgian Triangle Real Estate Board, 1 in 4 homes that are listed actually sell. These results to the end of May. This results in longer days on market and a larger selection for buyers to chose from. In 2010 this measure of performance increased to 1 in 3 towards the end of the year. All areas have seen a decline in units sold with the exception of Wasaga Beach which ...
Posted by Douglas Fraser
on June 11, 2011
Well the politicians have done it again. We are still in my opinion in a recovery phase and the opposition parties think they can do a better job. Do they think the spending all that money on an election campaign is prudent in the eyes of the electorate? I for one don't think so. With all that is going on in this world why wouldn't they suck it up and work together. That's just my opinion.
Posted by Douglas Fraser
on March 27, 2011
Interesting article on the future of interest rates in Canada. This article puts things into prospective. We are not in the same predicament as our neighbours to the south but there is concern that continued low interest rates and longer amortization periods will tempt homeowners to raise their already high debt levels. This may be OK as long as rates are low but could cause hardships ...
Posted by Douglas Fraser
on January 14, 2011
Well the year closed out with some impressive results. The total sales volume for the Georgian Triangle area was $484,646,974 for the year ended December 31, 2009 as compared to $441,044,393 in 2008 or an improvement of 9.89%. The sales to listing ratio also improved from 28.67% for 2008 to 31.61% for 2009. Lower interest rates and the feeling that the worst was over fueled demand in the ...
Posted by Douglas Fraser
on January 9, 2010
Ottawa — Reuters Published on Sunday, Dec. 06, 2009 10:57AM EST Last updated on Sunday, Dec. 06, 2009 4:56PM EST from the Globe and Mail
The Bank of Canada is widely expected to keep its hands off interest rates Tuesday, holding them at near zero and committing to do so until at least July, despite growing evidence the economy is kicking back to life.
Fears of ...
Posted by Douglas Fraser
on December 8, 2009
The Canadian Real Estate Association issued the results for the 3rd quarter and they are very positive! This provides comfort to those who are currently home owners and those interested in getting into the market. Its a good read. Enjoy! http://creastats.crea.ca/natl/index.htm
Posted by Douglas Fraser
on October 15, 2009
Well September results were higher than the same month last year. It was only marginally higher though with the monthly list to sell ratio softening from 45.88 to 33.69. The softening in the list to sell ratio is the result of more listings over last year. The sales successes of June, July and August brought out some of the Sellers that were sitting on the fence.
It is encouraging that the sales ...
Posted by Douglas Fraser
on October 1, 2009
Once again, the monthly numbers are up compared to last year. August saw 217 sales compared to 167 for the same period last year. In addition, the monthly list to sell ratio edged up to 45.88% compared to 33.40%. Year to date figures are still lower than last year at 1205 units compared to 1287 units and a list to sell ratio of 29.47% compared to 30.31% from last year. We are moving towards a ...
Posted by Douglas Fraser
on September 12, 2009
It is encouraging to see that the number of sales for both June and July have shown increases over the same month last year. There is a general feeling in the air that the Real Estate market is a fairly safe place to invest.
Interest rates continue to hang lower and there is still a number of properties to chose from in any given segment oif the price spectrum. It is interesting to note that the ...
Posted by Douglas Fraser
on August 8, 2009