by Mahmud Naqvi | Oct 4, 2021 | Market Update
Some highlights of September realestate activity: Residential transactions -18% September 2020 – 11,033 September 2021 – 9,046 Average Selling Price +18.3% September 2020 – $960,613 September 2021 – $1,136,280 New Listings -34% September 2020...
by Mahmud Naqvi | Sep 6, 2021 | Market Update
Some highlights of August realestate activity: Residential transactions -19.9% August 2020 – 10,738 August 2021 – 8,596 Average Selling Price +12.6% August 2020 – $951,219 August 2021 – $1,070,911 New Listings -43% August 2020 – 18,599...
by Mahmud Naqvi | Aug 7, 2021 | Market Update
Some highlights of July realestate activity: Residential transactions down 14.9% July 2020 – 11,033 July 2021 – 9,390 Average Selling Price Up 12.6% July 2020 – $943,594 July 2021 – $1.062,256 New Listings Down 30.7% July 2020 – 18,119...
by Mahmud Naqvi | Jul 5, 2021 | Market Update
Some highlights of June realestate activity: CMHC lowered buyers’ required credit score to 600 from 680, and adjusted the maximum amount of debt-to-income that buyers can carry. Market share of CMHC has dropped to 23% — the lowest share in decades Sagen(formerly...
by Mahmud Naqvi | Jun 5, 2021 | Market Update
Some highlights from CREA for may realestate activity: National home sales declined by 7.4% on a month-over-month basis in May. Actual (not seasonally adjusted) activity was up 103.6% year-over-year. The number of newly listed properties fell back by 6.4% from April...
