Wednesday, October 18, 2023 @ 12:24 PM
Posted By: Yvonne Plumb
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The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on GTA home sales in September. While volume sales vs last September is down 7.1%, the average sales price was up by 3% to $1,119,428. #plumbrealtygroup #realestate #mineola
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Category: Market Watch
Tags: Mineola,Mineola West,Mineola East,Port Credit,Lakeview,Lorne Park,Clarkson,Mississauga,South Mississauga,#1in L5G,Yvonne Plumb Real Estate,Luxury Real Estate,Plumb Realty Group,Market Report,Market Watch
Monday, February 13, 2023 @ 11:24 AM
Posted By: Yvonne Plumb
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On a year-over-year basis, both sales and prices were down in January, continuing to highlight the impact of higher borrowing costs on affordability over the last year. The Bank of Canada announcement that interest rate hikes are likely on hold for the foreseeable future should prompt buyers to move off
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Category: Market Watch
Tags: Mineola,Mineola West,Mineola East,Port Credit,Lakeview,Lorne Park,Clarkson,Mississauga,South Mississauga,#1in L5G,Yvonne Plumb Real Estate,Luxury Real Estate,Plumb Realty Group,Market Report,Market Watch
Wednesday, January 4, 2023 @ 12:52 PM
Posted By: Yvonne Plumb
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The GTA housing market experienced a market adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by substantial rate hikes by the Bank of Canada. There were 3,117 home sales in Dec, down 48.2% compared to 2021.
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Category: Market Watch
Tags: Mineola,Mineola West,Mineola East,Port Credit,Lakeview,Lorne Park,Clarkson,Mississauga,South Mississauga,#1in L5G,Yvonne Plumb Real Estate,Luxury Real Estate,Plumb Realty Group,Market Report,Market Watch,RE/MAX,REMAX
Thursday, December 8, 2022 @ 4:41 PM
Posted By: Yvonne Plumb
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Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs. There were 4,544 sales, down 49.4% in Nov 2022 but remained at a similar level to Oct 2022. New listings were down on both a year-over-year basis and month-over-month, and at a very
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Category: Market Watch
Tags: Mineola,Mineola West,Mineola East,Port Credit,Lakeview,Lorne Park,Clarkson,Mississauga,South Mississauga,#1in L5G,Yvonne Plumb Real Estate,Luxury Real Estate,Plumb Realty Group,Market Report,Market Watch
Tuesday, November 15, 2022 @ 4:33 PM
Posted By: Yvonne Plumb
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GTA home sales continued to adjust to substantially higher interest rates in October 2022, both on an annual and monthly basis. However, new listings are also down year-over-year and month-over-month. TRREB reported 4,961 sales in October 2022 – a similar number to September 2022 but down by 49.1 per cent
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Category: Market Watch
Tags: Mineola,Mineola West,Mineola East,Port Credit,Lakeview,Lorne Park,Clarkson,Mississauga,South Mississauga,#1in L5G,Yvonne Plumb Real Estate,Luxury Real Estate,Plumb Realty Group,Market Report,Market Watch
Tuesday, October 11, 2022 @ 4:14 PM
Posted By: Yvonne Plumb
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The latest stats from the Toronto Regional Real Estate Board show that home sales were down 44.1% from a year ago and the average price dipped by 4.3% to $1,086,762. New listings were also down on a year-over-year basis by 16.7% to 11,237, the lowest number of new listings for
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Category: Market Watch
Tags: Mineola,Mineola West,Mineola East,Port Credit,Lakeview,Lorne Park,Clarkson,Mississauga,South Mississauga,#1in L5G,Yvonne Plumb Real Estate,Luxury Real Estate,Plumb Realty Group,Market Report,Market Watch
Monday, August 15, 2022 @ 4:10 PM
Posted By: Yvonne Plumb
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There were 4,912 home sales in July 2022, down 47% from July 2021. Average selling price was up 1.2% compared to July 2021 to $1,074,754. Market conditions remained more balance in July 2022 compared to a year earlier. #PlumbRealtyGroup #MarketReport #MississaugaRealEstate #RealEstate
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Category: Market Watch
Tags: Mineola,Mineola West,Mineola East,Port Credit,Lakeview,Lorne Park,Clarkson,Mississauga,South Mississauga,#1in L5G,Yvonne Plumb Real Estate,Luxury Real Estate,Plumb Realty Group,Market Report,Market Watch
Monday, July 4, 2022 @ 2:42 PM
Posted By: Yvonne Plumb
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High borrowing costs continued to impact home sales in June. Sales totaled 6,474, down 41.4% compared to last year and the average selling price at $1,146,254, up 5.3% from last year. While the number of sales were down, the number of new listings was little changed over the same period
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Category: Market Watch
Tags: Mineola,Mineola West,Mineola East,Port Credit,Lakeview,Lorne Park,Clarkson,Mississauga,South Mississauga,#1in L5G,Yvonne Plumb Real Estate,Luxury Real Estate,Plumb Realty Group,Market Report,Market Watch
Friday, June 17, 2022 @ 2:36 PM
Posted By: Yvonne Plumb
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GTA housing market conditions continued to evolve in response to higher borrowing costs. Similar to April 2022, May 2022 sales were down on a monthly and annual basis. TRREB reported 7,283 sales in May 2022, down 38.8% compared to May 2021 and down 9% compared to April 2022. Active listings
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Category: Real Estate
Tags: Mineola,Mineola West,Mineola East,Port Credit,Lakeview,Lorne Park,Clarkson,Mississauga,South Mississauga,#1in L5G,Yvonne Plumb Real Estate,Luxury Real Estate,Plumb Realty Group,Market Report,Market Watch
Friday, April 15, 2022 @ 3:21 PM
Posted By: Yvonne Plumb
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For March, The Toronto Real Estate Board reports that the average selling price of homes in the GTA is $1,299,894, which is up 18.5% year over year. Units are down 30%, or 10,955 units, due to tight inventory levels. Thinking about selling? Please call for a complimentary and confidential
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Category: Market Watch
Tags: Mineola,Mineola West,Mineola East,Port Credit,Lakeview,Lorne Park,Clarkson,Mississauga,South Mississauga,#1in L5G,Yvonne Plumb Real Estate,Luxury Real Estate,Plumb Realty Group,Market Report,Market Watch
Listings
