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Market Watch

Anticipating UrtheCast Space Launch

A Closer to Look into the Technology Coined “Google Earth on Steroids” Vancouver’s very own UrtheCast is about to change the way people see the world.  The company proudly announced the launch of the world’s first high-definition video platform of Earth later this year.  Inspired by the “Eagle Cam”, a program dedicated to capturing the life of an eagle’s nest, ... Read More »

Market Watch – Toronto Real Estate Mid March 2013

March 18, 2013 — Greater Toronto Area REALTORS® reported 3,594 transactions through the TorontoMLS system during the first 14 days of March 2013 – down 11.5 per cent compared to the same period last year.  The number of new listings was up by less than two per cent. “With sales down and listings up slightly, the GTA market was better supplied in the first ... Read More »

Market Watch – February 2013

March 5, 2013 — Greater Toronto Area (GTA) REALTORS® reported 5,759 sales through the TorontoMLS system in February 2013 – a decline of 15 per cent in comparison to February 2012. It should be noted that 2012 was a leap year with one extra day in February. A 28 day year-over-year sales comparison resulted in a lesser decline of 10.5 ... Read More »

The Looming Threat of a Stalled Economy

Condo Construction Toronto

A surplus of real estate threatens a stalled economy and raises investment concern Bloomberg Markets magazine’s upcoming edition will express concern regarding Canada’s debt-fuelled expansion.  Toronto, like many major Canadian cities, is damaging the property market due to overwhelming amounts of real estate.  If cities continue to disregard their financial limitations and move forward with urban development, a stalled economy may ... Read More »

Market Watch – January 2013

February 5, 2013 — Greater Toronto Area REALTORS® reported 4,375 transactions through the TorontoMLS system in January 2013. This number represented a slight decline compared to 4,432 transactions reported in January 2012. “The January sales figures represent a good start to 2013. While the number of transactions was down slightly compared to last year, the rate of decline was much ... Read More »

Year in Review 2012 and Market Outlook 2013

The presentation is broken into three categories: Market Review 2012 The economy and interest rates 2013 Outlook Here are the highlights for your quick review: 2012 Market Review Sales over 2012 were 85,731 vs 89,096 in 2011 Sales were higher in 2012 till June from 2011 levels and dropped off in the last part of the year The new strict mortgage ... Read More »

Infographic – TREB Market Watch YOY

Here’s a cool info graphic to display our stats between 2011 and 2012.  I have couple more that I’m working on that I will post soon. Read More »

Market Watch – December 2012

Having trouble watching video? Click here TORONTO, January 4, 2013 – Greater Toronto Area REALTORS® reported 3,690 sales through the TorontoMLS system in December 2012 – down from 4,585 sales in December 2011. Total sales for 2012 amounted to 85,731 – down from 89,096 transactions in 2011. “The number of transactions in 2012 was quite strong from a historic perspective. We saw strong year-over-year ... Read More »

Toronto Real Estate Market Watch – November 2012

December 5, 2012 — Greater Toronto Area REALTORS® reported 5,793 sales in November 2012 – down by 16 per cent compared to November 2011. “Transactions have been down on a year-over-year basis since June, after being up substantially in the last half of 2011 and the first half of 2012. Some buyers pulled forward their decision to purchase, which has impacted ... Read More »

Toronto Real Estate Market Watch – October 2012

Having trouble watching video? Click here Greater Toronto Area REALTORS® reported 6,896 transactions through the TorontoMLS system in October 2012 – a decrease of 7.1 per cent compared to October 2011. There were two more business days in October 2012 versus October 2011. On a per business day basis, transactions were down by 15.6 per cent.* “Sales have decreased in the second half ... Read More »