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Friday, May 6, 2016

April Home Sales in GTA Break Another Record, up 7.4% from April 2015. Markham Realtor John Procenko predicts that his number could have been much higher if there were a greater supply of homes on the market

Thursday, April 7, 2016

There continues to be strong competition among home buyers in the GTA. To buy or sell smart, you will benefit from an experienced Realtor on your side.

Thursday, March 10, 2016

Buyers remain confident in this market. Low inventory continues to be a strong factor in driving up home sale prices throughout the GTA.

Tuesday, February 9, 2016

January Brings a Strong Start to 2016 Housing Market. Prices continue to climb in many areas, mostly due to a shortage of listings. If you're thinking of selling this spring, consider putting your home on the market sooner while competition is very low.

Friday, January 8, 2016

A record December rounds out a record year in home sales in the GTA. A strong 2016 is expected.

Wednesday, December 16, 2015

November Home Sales Are the Best on Record

Friday, November 6, 2015

October's record home sales show many households continue to be upbeat about home ownership but recent tax proposals could hamper future sales.

Read more.

Thursday, October 15, 2015

There has been a 9.5% increase in the number of sales in comparison to the first three quarters of 2014. Read more.

Thursday, September 10, 2015

Sales up across the board with all major home types. Annually, the growth rate in new listings was more than growth rate in sales. However, the number in active listings is short compared to last year's August. Read more.

Monday, August 10, 2015

With the economy in the GTA performing well and lower unemployment rates, Buyers see long-term benefits of owning a new home. Detached homes continue to be the hottest item but condo sales also increased at a healthy rate this past July. Read more

Tuesday, July 7, 2015

More high-end homes are being sold this year compared to 2014. There has been an increase in listings as homeowners take advantage of built-up equity in their homes. However, an overall shortage of listings still exists and continues to drive up prices

Thursday, June 11, 2015

The trend of climbing sale prices will continue until we have a number of consecutive months where the growth in listings outstrips the growth in sales thereby reducing the pent-up demand for homes.

Thursday, May 28, 2015

Sales were up, especially for detached homes in Toronto and all areas of the GTA. Finally we are seeing an increase in new listings but there are fewer homes on the market then last year at this time creating tight market conditions for buyers.

Friday, April 10, 2015

Sales were up, especially for detached homes in Toronto and all areas of the GTA. Finally we are seeing an increase in new listings but there are fewer homes on the market then last year at this time creating tight market conditions for buyers.

Friday, March 6, 2015

Current homebuyers in the GTA have fewer choices as supply of homes for sale decreased by 8.7% this past month compared to February 2014. With fewer homes to choose from, strong competition between buyers continues to drive up home sale price.

Wednesday, February 4, 2015

Despite the recent period of economic uncertainty due to falling oil prices and losses in the job market, buyers continue to see purchasing a new home as a good long-term investment.

Thursday, December 4, 2014

Sales activity in the GTA increased slightly this November by 2.6% compared to last November. This is not a surprise due to the holiday months. Supply remains low.

Monday, November 10, 2014

The average selling price for October 2014 transactions was $587,505 – up 8.9 per cent compared to the average of $539,286 reported for October 2013 and show no signs of slowing throughout the 4th quarter.

Friday, October 3, 2014

Even though we continue to see a major shortage of listings in many segments of the market, Markham Real Estate Agent John Procenko reports that sale prices in the GTA continue to climb. Selling prices were up almost 8% this past September compared to sa

Thursday, September 4, 2014

The number of listings in August was down compared to last year but the number of sales increased. It remains a sellers’ market with lots of competition between buyers. As a result, prices will continue to rise until new listings outpace sales growth.

Thursday, August 7, 2014

The strong demand for home ownership will continue to drive prices and activity upwards. Prices will only stop climbing when we see the growth of new listings outpace the growth in sales for a sustained period of time

Monday, July 7, 2014

Sales prices in the GTA hugely increased this past June by a 15.4% compared to June 2013. Strong price growth will be the result for the remainder of 2014.

Friday, June 6, 2014

Sales activity in the GTA spiked this past May by 11.4% compared to May 2013. Demand is still very high with a shortage of supply. Strong price growth will be the result for the remainder of 2014.

Thursday, May 8, 2014

Sales activity in the GTA increased slightly this past April by 1.8% compared to April 2013. Sales levels would have been higher had there not been a persistent shortage of listings. Strong price growth will be the result for the remainder of 2014.

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