by Jeff Belisowski | Jan 12, 2024 | Monthly Real Estate Newsletter
In just about every movie featuring a desert, there is a scene where the hero finds a welcoming oasis. Wouldn’t it be great if something like that existed in the real estate world? You see, one of the challenges many people face when looking for answers to their real...
by Jeff Belisowski | Dec 13, 2023 | Market Statistics, Market Trends
High borrowing costs and uncertain economic conditions continued to weigh on Greater Toronto Area (GTA) home sales in November 2023. Sales were down on a year-over-year basis, while listings were up from last year’s trough in supply. With more choice in the market,...
by Jeff Belisowski | Dec 13, 2023 | Monthly Real Estate Newsletter
Just about everyone can relate to this scenario. You set an ambitious goal for the new year. You feel motivated and determined. But, later that year, you realize you’ve barely moved the needle toward achieving that objective. Ouch! How do you avoid that from...
by Jeff Belisowski | Nov 12, 2023 | Market Statistics
Lack of affordability and uncertainty remained issues for many would-be home buyers in the Greater Toronto Area (GTA) in October 2023. As a result, sales edged lower compared to last year. However, selling prices remained higher than last year’s levels.“Record...
by Jeff Belisowski | Nov 12, 2023 | Monthly Real Estate Newsletter
There’s no doubt it’s difficult to predict the future. After all, no one beyond a few data scientists in a backroom at Google predicted that AI would become so prevalent so quickly. But, as difficult as it is to see what’s coming next, it’s not entirely impossible. In...
by Jeff Belisowski | Oct 13, 2023 | Uncategorized
The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Greater Toronto Area (GTA) home sales in September. However, despite the market being better-supplied with...
by Jeff Belisowski | Oct 13, 2023 | Uncategorized
I don’t know whether or not you’re a movie fan. But, even if you’re not, you’ve probably heard of the actor Kevin Bacon. He’s been in many films. In fact, the popular expression, “Six degrees of Kevin Bacon”, refers to the idea that just about every actor on the...
by Jeff Belisowski | Sep 23, 2023 | Uncategorized
Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer home sales in August 2023 compared to August 2022. The average selling price remained virtually unchanged over...
by Jeff Belisowski | Sep 23, 2023 | Monthly Real Estate Newsletter
Can you imagine a financial advisor getting you into an investment — say, a mutual fund — and telling you not to ask about it, or even check on its performance, for the next five years? You would likely balk at such a suggestion and insist that you’d be able to review...
by Jeff Belisowski | Aug 20, 2023 | Market Statistics
Greater Toronto Area (GTA) home sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the market experienced more balance in July compared to June, with sales trending lower while new listings were...
by Jeff Belisowski | Aug 20, 2023 | Monthly Real Estate Newsletter
When you find a professional you trust, you want to get as much value from that person as possible. That is especially true if that professional provides excellent service. That’s why you don’t get your lawncare done by a great contractor only once. That’s why you...
by Jeff Belisowski | Jul 10, 2023 | Market Statistics
Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average selling price and the MLS® Home Price Index (HPI)...
by Jeff Belisowski | Jul 9, 2023 | Monthly Real Estate Newsletter
There’s no doubt about it. Uncertainty is everywhere – in food prices, economic outlooks, and of course, the real estate scene. If you’re like most people, uncertainty can make you feel uneasy about the future. But, there’s good news. Uncertainty becomes a lot less...
by Jeff Belisowski | Jun 15, 2023 | Market Statistics
The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023. Unfortunately, the supply of homes for sale did not keep up with the demand for ownership housing. Sales as a share of new listings were up dramatically compared...
by Jeff Belisowski | Jun 4, 2023 | Monthly Real Estate Newsletter
No one likes being confused. Everyone likes clarity. That’s a principle that, I expect, no one would dispute. When you have clarity, you can make the best decisions. When you’re confused, you’re stuck. That principle is especially evident when it comes to real estate....
by Jeff Belisowski | May 1, 2023 | Market Statistics
The Greater Toronto Area (GTA) housing market continued to tighten in April 2023. On a year-over-year basis, sales edged lower compared to April 2022, but new listings were down by more than one-third. Fewer listings relative to sales meant there was more competition...
