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Gerry’s Blog

Barrie Housing Market Battles an Affordability Crisis

Low housing supply and high demand, which was amplified by COVID-19, has caused housing prices to soar across Canada, with average price up 19.9 per cent, according to the Canadian Real Estate Association (CREA). A significant lack of supply has been blamed for rising prices from coast to coast. While higher prices were typically a…

GTA Real Estate: Strong Growth for Condominiums

The GTA real estate market was one of the most intriguing stories in the Canadian housing industry throughout the coronavirus pandemic. On the one hand, detached, semi-detached and townhouses witnessed a buying frenzy and dramatic price growth amid low inventories. On the other, transactions and prices fell across the city’s condo market, thanks to an…

Fall 2021 Trends in the Newfoundland & Labrador Housing Market

The east coast of Canada has seen many of its real estate markets heating up rapidly, and sitting at a boiling point for the last year and a half. Driven by the pandemic and the surge in inter-provincial migration, houses across Atlantic Canada have been flying off the market at a blistering pace. The Newfoundland…

Canadian Real Estate Investors to Target “Beds, Sheds and Redevs”

One of the chief 2021 themes of the Canadian real estate market has been investors representing a significant portion of demand, from the major urban centres to small towns from coast to coast. Be it an investment titan or individual players possessing multiple properties, the Canadian housing market has been a breeding ground for investors…

Bancroft Housing Market is Still Breaking Sales Records

Long known as one of Ontario’s main mining towns, the quaint town of Bancroft draws in residents from near and far due to its charm and illustrious history. With roots as a village first settled by United Empire Loyalists and Irish immigrants, Brancroft officially became a town in 1999 when it merged with Dungannon Township…

Should I Hire a Real Estate Agent?

Real estate has been a hot topic across the U.S. and Canada in recent years, from sky-high valuations and bursting bubbles to bidding wars and supply shortages. Compounding that are federal election factors on both sides of the border and COVID-19 clouding conditions in housing markets worldwide. Add to this the “typical” intricacies attached to…

5 New Year’s Resolutions to Sell Your Home

Are you planning to sell your home in the near future? Regardless of season or market conditions, remember that you only have one chance to make a good first impression. Make it memorable for all the right reasons. Before listing your home, commit to these five New Year’s Resolutions to help ensure the quickest sale for the…

Inventory Levels in Toronto Real Estate Meet “Critical Juncture”

The Toronto real estate market has been on a tear in 2021. With the Canadian economy rebounding from the global health crisis, the Toronto housing sector continues to witness dramatic price growth month after month. Despite the so-called exodus that started to make headline sin 2020, it seems people are returning to Toronto, stimulating tremendous…

Ontario Housing Market: 1 Million Homes Needed Over the Next 10 Years

Ontario is one of the most desirable places to live not only in Canada, but for many people across the globe. Be it housing in the country’s financial capital (Toronto) or the nation’s capital (Ottawa), many homebuyers are keen to plants roots in this province, and this is weighing on the Ontario real estate market,…

Are Canadian Real Estate Prices Overvalued?

The COVID-19 pandemic supercharged a market that already favoured sellers. With available listings hitting a record 14-year low before the pandemic, it is no wonder that housing prices have soared upward, with the Canadian Real Estate Association (CREA) forecasting the national average home price would rise a whopping 19.9 per cent on an annual basis…