Municipalities (cities, towns, regions, etc.) are more than just a place to live. They're a firm within the economy, and like every other firm in the economy, they want to sell you something. The way that they sell you something is through a supply chain that starts with the land registry system and ends with … Continue reading Firms exist to make profit. Towns exist to make progress.
Timing the housing market should be judged like timing the stock market
If you study people who really understand investing in companies, you can typically find some pretty sound fundamental analysis and systems for the valuation and investment of companies that can be purchased at a fair price. In your studies, you may come across a couple of gentlemen named Warren Buffett and Charlie Munger. If you study people who really … Continue reading Timing the housing market should be judged like timing the stock market
WTF is a buyer’s market?
Real estate supply & demand I've been writing a lot about demand factors lately, and perhaps that's a function of the buyer's market we're currently in. So, as an aside, I will be releasing my Summer 2019 market report sometime within the next few days, but here's a teaser infographic reiterating that we are, in fact, in … Continue reading WTF is a buyer’s market?
Ontario Home Sales Report – Februrary 2016
Residential sales up 15.8% in February 2016 compared to a year earlier. New listings in Ontario numbered 25,384 units in February 2016, an increase of 3.8% compared to last year. The provincial average price of homes in February 2016 rises 12.7% compared to a year earlier. There were 2.8 months of inventory at the end of February 2016.
Helping Grow Greener Communities: Sustainable Real Estate at the University of Guelph
by Scott Carter Green business is alive at The University of Guelph’s College of Business and Economics. The college’s mission – to develop and be ‘leaders for a sustainable world’ – runs through its students, researchers, and alumni. In 1993, the College introduced a unique undergraduate program focusing on the real estate and housing market. … Continue reading Helping Grow Greener Communities: Sustainable Real Estate at the University of Guelph
February 2016 Georgina Real Estate Market Report
Georgina Home Sales Overview Click to view/download the full report: February 2016 Market Report Keswick South continued to lead the pack in home sales in Georgina, claiming 20 of the 70 home sales. The big, striking movement in the market came from Sutton & Jackson’s Point, which lagged behind the leader by only 4 home … Continue reading February 2016 Georgina Real Estate Market Report
York Region Real Estate Market – 2015 Annual Report
For the complete Georgina Real Estate, Home Sales & Pricing Report visit Foch Family Real Estate.
York Region Real Estate Market Report – December 2015
York Region, Ontario had a total dollar volume of $660,347,405 worth of real estate traded so far in 2015. The average price of a home is $778,712 and the median price of a home is $710,000 The average sale to list ratio this year is 100% and properties are on market for an average of 23 days. There have been 753 new listings so far this year in YORK REGION Currently, there are 2807 active listings in the area.
10% of $500,000 – what the new down payment regulation means for our real estate market.
The new federal legislature requiring a 10% downpayment for homes over $500,000 will cause several positive economic externalities for Georgina's real estate market.
What Trudeau’s new RRSP policy means for the real estate market.
In the aftermath of one of the most controversial elections in Canadian history, it's no surprise that we've all been inundated with biased critiques of the policy and individuals involved. I'll be the first to admit that I don't understand every aspect of policy that's been changed, but I do understand a part of it. … Continue reading What Trudeau’s new RRSP policy means for the real estate market.