Blog by Gordie Garriock

Canadian Market Still Strong

January 28th, 2012

Canadian MLS Statistics - December 2011

The national real estate market remained fairly strong in December. Sales, home prices, and listings were all up while inventory edged down slightly. The numbers for the year are not out yet but, I assume, they will show that 2011 was another strong year. Locally it continues to be a sellers' market with very few homes on the market and prices still st ...

HST ADDS CONFUSION TO HOMEBUYERS

October 29th, 2010

Well, a new survey commissioned by the Ontario Real Estate Association (OREA) has confirmed something most realtors already knew from anecdotal evidence - that most people believe HST will be added to the purchase price of a resale home. In our daily travels we constantly run into people who ask if the HST applies to resale homes so we already had our concerns. This new survey just confirms t ...

Home Sales Up

September 15th, 2010

Some good news for the Canadian Housing market finally. Although July sales were down across the country, it looks like August was a decent month in most Canadian markets. The summer is typically a slower time of year for real estate but resale activity was up this August compared to last year. See the full report here from the Canadian Real Estate Association.

CREA - Existing Home Sales Edg ...

CANADA'S HOUSING MARKET COOLS

June 1st, 2010
Housing Market Cools