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It’s common knowledge that residential listings are way up in the St. John’s area. In fact, yesterday there were 1137 active listings on the system for single family and two apartment homes. That compares to 704 listings for the same types of homes on July 14th of this year. That’s an increase of 61%.
While that stat ...
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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. I know. I just lost half of you. But for those who stick around you will be better equipped to ...
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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 End as well as all styles of detached, 2 apartment homes in the same area. The tables ...
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Given that it is the end of July I thought it would be a good time to take a closer look at what has been happening with Mount Pearl Real Estate this year . The following* information gives you a quick snapshot of the activity for detached bungalows, 2 story and 2- apartment homes. The tables compare sales for Jan 01 - July 31, 2008 to the ...
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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 Condominium Market.
Condominium Sales Jan 01 - May 31* Year # ...
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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 away with the Oscar for Best Real Estate Market Picture. ...
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- 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 pretty safe bet, at least for one segment, that we're in a seller's market. ...
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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, say the same thing. What’s so unusual? It’s the low number of listings on the ...
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The most recent stats from the Newfoundland and Labrador Association of Realtors (NLAR) paint an interesting picture of the provincial real estate market.
20072006%INC/DEC[ 2006 - 2007 ]Total # of Listings [Month]270339-20%Total # of Listings YTD946193261%Total # of Expired Listings [Month]748806-7%Total # of Expired Listings ...
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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 sales were up 68% from October to November this year, and it shows. The inventory is down and ...
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