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Lakelands & SGBAR Merger

Have you heard that the Lakelands Association of Realtors and the Southern Georgian Bay Association of Realtors have merged?

While the news was made official on October 1, there is a chance that you may not have known about it.

Below is the official release: 

Barrie Board September Stats

For BDAR home sales, prices were 5% above the five-year average. Although inventory is low, the market is still pretty hot!

Read more at http://creastats.crea.ca/board/barr

 

Barrie Board August Statistics

Home sales were down almost 35% from August 2020. Home sales were 2.8% below the five-year average and 4.5% below the 10-year average for the month of August. The price for single-family homes was $773,500, a gain of over 35% from August last year.

Less inventory is also keeping the prices up in the Barrie area.

For more, go to https://creastats.crea.ca/board/barr

Barrie Board July 2021

The number of homes sold through the MLS® System of the Barrie & District Association of REALTORS® totaled 509 units in July 2021. This was a substantial decline of 30.2% from July 2020.

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $733,900 in July 2021, up sharply by 36.6% compared to July 2020.

For more great info head to https://creastats.crea.ca/board/barr

Is The Real Estate Market Cooling Down?

That's what Danny Sinopoli from the National Post is telling us.

He also says that we are in an adjustment phase. We are moving away from the crazy offers we have been seeing recently and sliding towards a more "normal" buying and selling experience.

Read the article here: https://nationalpost.com/life/homes/the-great-real-estate-cool-down-has-come

The Lakelands Association of Realtors - June 2021

The Lakelands Board is also following the trends of many other Real Estate Boards with a slower June compared to 2020.

From https://creastats.crea.ca/board/musk ...

Barrie Board Sales Still Above Average!

Barrie & District Association of Realtors (BDAR) home sales are down from June 2020 but are still above average.

Southern Georgian Bay Sales June 2021

SGBAR is recording less sales than June 2020 but are still well above average.

https://creastats.crea.ca/board/coll

Give us a call today and see how one of our awesome Realtors can help you with your home dreams!

Barrie Sales May 2021

From Barrie & District Association of Realtors:

The number of homes sold through the MLS® System of the Barrie & District Association of REALTORS® totaled 672 units in May 2021. This was a jump of 62.3% from May 2020. Residential sales haven't hit this level in the month of May in more than five years.

https://creastats.crea.ca/board/barr

 

Check out these graphs and reach out to any of our qualified agents with any questions or comments!

 

OREA: Future-Shaping Infrastructure Projects

The Ontario Real Estate Association (OREA) recently published The Ten Infrastructure Projects for a More Competitive Ontario, a research report written in partnership with KPMG Global Infrastructure Advisory, outlining large infrastructure projects that will support a robust economy, creating new jobs and opportunities across the province.

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