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Sutton Group Incentive Realty Inc.,Brokerage*'s blog

Toronto Market on Fire!

According to Global News, Toronto home sales are up 97%

https://globalnews.ca/news/7740290/toronto-home-sales-march-2021-prices-up-demand/

The average home price increased by 16.5% year-over-year to around $1.1 million dollars. As well, home sales reached 15,652 according to TRREB. 

 

Is The Canadian Real Estate Market Overheating?

The Market has been hot hot hot this past year but has it gone too far? 

According to the Royal Bank of Canada, the housing market is overheating and steps must be taken to cool it down. 

https://www.businesstimes.com.sg/real-estate/canadas-biggest-bank-says-the-housing-market-is-overheating

What do you think about the housing market in Canada? Should more efforts be made to rein in the housing market? 

Barrie Board Listings On a Roll!

The Barrie & District Association of Realtors (BDAR) had an amazing February.

 

From CREA STATS: 

Southern Georgian Bay Association of Realtors Home Sales - February 2021

Another record month for home sales in Southern Georgian Bay! 

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

Residential sales recorded through the MLS® System for the Southern Georgian Bay region totaled 365 units in February 2021. This was an increase of 14.1% from February 2020 and was also a new sales record for the month of February.

February Statistics- Barrie

The Market is still hot! 

September Housing Statistics - Southern Georgian Bay

Southern Georgian Bay Association of REALTORS®

 

Southern Georgian Bay home sales set new monthly record in September

September Housing Statistics - Barrie

Barrie & District Association of REALTORS® Inc.

 

Barrie and District housing market activity reaches new record in September

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