Housing market headlines …….

By
Real Estate Agent with RE/MAX Condos Plus Corporation, Brokerage

Housing market headlines …….

 

Housing market headlines can be confusing: Markets are up. Markets are down. Markets are changing. Markets are about to change.

 

In some areas sales volumes are down, due to lack of activity. In other areas prices are up, due to lack of inventory.

The media has to write news items every day, and they put their spin from one day to the next, to make it interesting.

 

There are several factors to consider such as active listings, demand, price range, price movement, product type eg, commercial, residential houses, residential condos. Also, properties for sale or properties for rent.

 


 

The headlines report statistics and trends and even though they are referring to a region, there are differences in the micro-facts of each neighbourhood in a region; and it is all a matter of supply and demand.

Posted by

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Real Estate Agent serving clients for the Toronto Downtown and Toronto Waterfront Area.

Residential and Investment Properties.

Rosalind Nicholas, ACCA,SRS,REALTOR®

e-mail:   Rnicholas@trebnet.com     Tel: 416 918 1972

RE/MAX Condos Plus Corporation, Brokerage, Toronto, ON, Canada.

http://www.youtube.com/watch?v=PMuLzqLe72M&feature=youtu.be

 

 

Comments (5)

David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

If there is no demand then you are not getting much money for what you have. If there is big demand then you will get big prices

Mar 26, 2015 12:04 PM
Rosalind Nicholas
RE/MAX Condos Plus Corporation, Brokerage - Toronto, ON
Toronto Condo Real Estate Agent, Toronto ON

That is right David. In Toronto, at present, there is a great demand for freehold houses and competition among buyers is driving the price up.

Mar 26, 2015 12:19 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Rosalind, the market can be described in many different ways depending on how the media wants to portray it!  

Mar 27, 2015 08:48 AM
Rosalind Nicholas
RE/MAX Condos Plus Corporation, Brokerage - Toronto, ON
Toronto Condo Real Estate Agent, Toronto ON

Yes Joan, the same market situation and statistics can be portrayed in different ways ......

Mar 28, 2015 05:04 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Rosalind, our headlines have been the same for a while - we need inventory, and homes do not linger on the market.

Mar 29, 2015 11:50 PM