Gerry’s Blog
. ARCHIVE Fredericton Housing Market Outlook (2023) Fredericton Housing Market Outlook (2021) Fredericton housing market to favour sellers in 2021, prices expected to rise 3-4% The Fredericton housing market is expected to sit in seller’s market territory in 2021 due to a lack of inventory, which has been a common trend across many Canadian housing…
. The average sale price in the Simcoe County housing market increased by 5.1 per cent between 2022 and 2023 (from $927,780 in 2022 to $974,831 in 2023), while the number of sales decreased by 12.5 per cent (from 2,067 from 2022 to 1,809 in 2023). The current housing market in Simcoe County is a…
. The average sale price in the Moncton housing market decreased by 5.9 per cent between 2022 and 2023 (from $315,000 in 2022 to $333,496 in 2023), while the number of sales decreased by 10.2 per cent (from 3,220 in 2022 2,890 in 2023). Moncton is currently a sellers, and given its 3.2 months of…
. The average sale price in the Edmonton housing market decreased by 4.3 per cent between 2022 and 2023 (from $418,713 in 2022 to $400,827 in 2023), while the number of sales decreased by 11.4 per cent (from 22,388 in 2022 19,825 in 2023). Edmonton is currently a balanced market, but it’s likely to transition…
When considering buying a property, Canadians are increasingly interested in newly constructed homes. They like the idea of a freshly-built property fitted with modern amenities and designed for energy efficiency. A new home is like a blank slate, allowing you to shape it according to your needs and personal style. Another popular reason Canadians are…
The Toronto real estate market is flooded with condominiums. With single-family detached homes selling for north of $1 million, young families in North America’s fourth-largest city are choosing to purchase condo suites since they are still within reach. Even in this current climate, the demand for condos has remained strong while supplies have slipped over…
Every province has its selling points and discovering them can help you decide if moving there will be worth it. Newfoundland is generally known for attracting people who want to relocate from the busy city, drawn by a more relaxed way of life. Others move there for a new job or education. But there are…
Purchasing a property is a significant decision that involves carefully considering various factors, including location, condition, and price. For some buyers seeking unique opportunities in the Canadian real estate market, foreclosure properties present an alluring prospect. As these properties are typically sold at a lower price than their market value, they offer the potential for…
The journey of buying a home is an exciting and pivotal moment in many people’s lives. It marks the beginning of a new chapter, a place to call your own and a space where memories are made. However, before you embark on this adventure, it’s essential to recognize the distinction between your home buying needs…
For young families, condominiums have become reliable alternatives for homeownership, particularly in major urban centres. In Toronto, for example, the average selling price for a detached house is north of $1 million. By comparison, the average sales price for a condo suite is around $750,000. This is huge savings for the typical household residing in North…
Owning a home is a keystone of wealth… both financial affluence and emotional security.