St. John's Real Estate - St. John's Homes for Sale

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 CREA ratified a deal that provides that REALTORS® can choose to offer all their services as ...

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 ...

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 /CNW/ - Despite global economic uncertainty, strong economic ...

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 ...

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    # ...

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 $12,000.00 before construction even starts, and a friend whose home is already 2 weeks behind ...

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.   The Number of Listings is Way Down Right? IT ...

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. ...

- 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. ...

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 ...