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Just in time for the holiday season the Canadian Real Estate Association (CREA) and Competition Bureau have gift wrapped a new deal that impacts the housing market in Canada. In October, amid complaints of anti-competition, the Competition Bureau and Read More...
I wish I could say this post was filled with juicy bits of real estate info, like who made a killing flipping homes last year, or the best buy in real estate in the East Extern bar none. Too bad I don’t have that info, instead its insider stats. Read More...
Canada Mortgage and Housing Corporation (CMHC) released this report yesterday. I thought readers would be interested in what Chris Janes, CMHC's senior market analysthere in St. John's, had to say about the local market. ST. JOHN'S, May 19 Read More...
If you have been reading this blog you will know that I like to break down statistics into a form that is meaningful for the consumer. For instance this post will look at single family detached homes, both bungalows and 2 stories in St. John's East Read More...
When people think of buying a new home, these days a condominium is often their first choice. When you are considering a purchase it is always helpful to know how the market is behaving. The following tables give you a quick snapshot of the St. John’s Read More...
In seven years I have handled 100+ new homes builds with my clients. New home builds are always trickier to manage than buying a resale home. This year it became a little more complicated. For instance, I have a client whose costs to build just went up Read More...
I always like to drill a little deeper into real estate statistics. It generally gives you a better picture of how a particular set of numbers affect your personal situation. NLAR released their March statistics on Monday and little analysis proved interesting. Read More...
Why Such a Big Prize This past week CMHC (Canada Mortgage and Housing Corporation) presented their annual real estate review and projections for the coming year. Once it was all said and done the St. John’s CMA (Census Metropolitan Area) area walked Read More...
- this past week. I spoke to four agents that had listings sell well above asking within days of being placed on the market. There's a qualifier though. All of these homes were priced between $150,000 - $200,000.00. Based on the facts, it's a Read More...
I’ve never experienced a real estate market like this since I’ve been selling real estate. Some might say it’s because I only have seven years in the business, but other realtors, some who have been in the business much, much longer, Read More...
The most recent stats from the Newfoundland and Labrador Association of Realtors (NLAR) paint an interesting picture of the provincial real estate market. 2007 2006 %INC/DEC [ 2006 - 2007 ] Total # of Listings [Month] 270 339 -20% Total # of Listings Read More...
Remember last week when I told you that Newfoundlanders were on a home buying spree, well this week Stats Canada says they’re coming home in droves. To be exact “…….the province's population had its largest increase in 15 Read More...
According to yesterday’s edition of the Globe and Mail people in this province are on a home buying binge, and they have the statistics to prove it. In November home sales were up a whopping 72% over November last year. In St. John’s home Read More...
I’ve discovered that unless writing is something that comes fairly easily to you, it’s hard to maintain a blog. I’m about to try again. Maybe it’s a bit like quitting smoking, you keep trying until you are successful. I’m Read More...
People in Killbride would have every right to sit back and smile when they compare their results to the other areas included in the St. John’s region. They were the only area that experienced price increases in all the active market segments. SINGLE Read More...
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