You deserve better.

A full service real estate, marketing and technology team driven by people - for people

LOADINGloder

Real Estate, Hamilton, Toronto, Burlington, Oakville Real Estate

The Last Month Of Red

June 13, 2018

May 2018 – The Last Month of Red - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region

This month we’re beginning to see the balancing effects of a market that’s recovering from the mid-2017 slowdown, and one that can be more accurately compared year-to-year as we head into the month of 2017’s cooling period. In fact, we forecast this will be the last month where we see average prices lower than the previous year as we officially enter the time in 2017 where prices began to balance out. Coupled with a modest upswing in sales volume and corresponding prices, we can begin to get a better sense of growth year-to-year. A notable insight is that the price of a home in both TREB & RAHB are higher than they have been for the last 11 months. Still up modestly from last month and down from last year, however taking past data into account gives us a more rounded understanding of how prices are comparing overall. 

GTA & Hamilton Home Prices - TREB & RABH MLS Systems - Last 12 Month

 

Looking at the averages in both regions some interesting insights begin to become apparent. With 7,834 sales in May in the TREB market, the market is definitely slower than normal. With a 3-year average (2015-2017) for May of 11,564, the market saw 3,730 fewer sales this May, down by 32.25%. This can be due to a number of factors, such as mortgage changes and the uncertainty it created in buyers as well as investors, which drove a large portion of sales in the GTA area. That being said, it should be noted that sales, average prices and new listings are all up from last month, across both systems.

Also, although most of the average prices listed below are down from last year, if we look beyond to 2016 and 2015, prices are up 7% (3.5% a year) in TREB’s system from 2016 and 24% (8% a year) if we compare to the average price from 3 years ago in 2015. Considering this we are overall experiencing a 24% rise in average price since 2015, an average of 8% a year. Although this number isn’t as dramatic as what we experienced in price increases from 2016-2017, it represents a healthier gradual increase that can help restore confidence in the market and overall long-term predictability.

 

GTA & Hamilton Homes Sales Stats – May 2018

 

When we evaluate the sales by home type for the Toronto Real Estate Board, we see the following insights:

  • We’re seeing positive numbers from last month in average price of all housing types with the exception of townhomes, which is only down a marginal 0.7% from last month.
  • Although technically down from last month, townhome sales in the 905 were one of the most sold types of housing (after detached) at 997 sales in May.
  • Condominiums remain, as they have all of 2018, the housing type buyers are turning to. With overall increases from last year and last month, particularly in the 416, where number of sales is up by 10.9% and price is up 0.3% from last month and 6.5% from last year to $602,804.

 

GTA Sales & Average Price by Home Type - May 2018

The Realtors Association of Hamilton-Burlington MLS System saw largely positive numbers, particularly in freehold sales, which saw an increase of 14.3% from last month to 1,018 sales in May. Condominiums saw an increase in average price, up 2.2% from last month to $422,348 (up 0.7% from last year). We’re expecting to see a steady increase in condominiums sales and average price (both month to month and year to year) as we continue into 2018.  

Hamilton & Burlington Sales & Average Price by Home Type - May 2018

As we look to the map below, we can begin to examine how the market is performing on a more local level in the Hamilton and Southwestern Ontario area:

Hamilton Area

The Hamilton area saw a modest increase in average price across the board month to month and only a small decrease in price from last year.

  • The average price in Hamilton remained steady month to month, with a 6.6% decrease in price from last year
  • Hamilton West and East enjoyed a significant increase in sales
  • Up 25% from last month in Hamilton West to 60 sales
  • Up 15.3% from last month in Hamilton East to 98 sales.
  • Both areas also experienced an increase in average prices, up 2-3.6% respectably to $500,476 (West) and $385,044 (East)
  • Hamilton Mountain area saw the most sales, 199 in May, an increase of 8.7% from last month and a 2.7% increase in average price to $487,940

 

Flamborough

  • Flamborough experienced another 30+% increase in sales, up 38.5% to 18 sales.
  • Flamborough average price of $936,961 up 20% from last year, higher than the rest of the Hamilton Region and most of GTA

 

Dundas

  • Dundas also experienced a staggering increase in sales volume from last month, 45.5% to 32 sales.
  • The average price in Dundas remained relatively the same from last month, down slightly to $580,697

 

Ancaster

  • Ancaster had a fairly slow month with 47% fewer sales than last year, down 14$ from last month
  • The average price in Ancaster remained steady with last year, down only 1.8%

 

Grimsby

  • Grimsby saw an increase in sales volume from last month, up to 38 sales
  • The average price in Grimsby experienced a drop of 21% from last year to $524,612

 

Stoney Creek

  • Stoney Creek saw a 5.7% increase in sales volume from last month to 93
  • 11.2% increase in average price from last month to $571,675

 

Caledonia

  • Caledonia saw an increase in average price of 10.1% from last month to $487,160. This is also an 8.9% increase from last year

 

Dunville

  • Dunville saw an increase in sales from last month to 13 sales and an increase in average price from last year to $441,138

 

 

Hamilton & Southwestern Ontario Prices & Sales by Community (RAHB's MLS System) - May 2018

 

 

As mentioned previous, when looking into more detail at the GTA region, we’re seeing a lot of negative numbers for May. Despite this, were confident the numbers will begin to even out as we move toward the slower season of 2017, giving us more insight into the overall position of the housing market. 

 

Toronto

  • Toronto Central was the only area to see an increase in price from last month, up 1.2% to $960,558; making it the most expensive area of Toronto
  • Sales were up across the board from last month; up to 831 in the West, 1,555 in Toronto Central and 706 in the East End
  • Condominiums were the only type to increase in average price across the board, up to $499,894 in the west, $671,757 in Toronto Central and $442,288 in the East
  • Condo Towns in Toronto West saw the highest average price increase of 10% at $595,126

 

Oakville

  • The average price of a home in Oakville ($1,007,683) fell below the average price in Vaughan ($1,014,825) in May, bumping it out of most-expensive municipality for the first time in several months
  • Oakville also experienced an increase in sales of 8.5% to 308 sales in May, this sales volume came from Semis and towns
  • Detached home prices saw the largest drop in their average price, down 15.4% from May of last year
  • While condos in Toronto and Mississauga continue to rise even when compared annually, condos in Oakville were down from last year by 9.5%

 

Mississauga

  • Mississauga experienced modest growth in the number of sales, up almost 4.8% to 829 from last month
  • Average price was up slightly (0.8%) to $726,897.
  • Condominiums were the only housing type to see an increase in price, up 4.9% to $434,915 from last year
  • The average price of a home in Mississauga was down by only 4.4%, which is relatively low compared to other municipalities like Oakville, Burlington and those in York Region

 

Milton

  • Milton experienced a decrease in most types
  • But saw an increase in average price of 1.9% to $721,718 from last month

 

Brampton

  • Brampton experienced a decrease in the average price of most home types
  • Except for condominiums, which were up 2% from last year to $366,783

 

York

  • Sales activity trends in York are similar to the rest of GTA, particularly with an overall decrease in most sectors, which a few exceptions
  • Vaughan saw a 1.5% increase in average price to $1,014,825
  • Richmond Hill saw an increase in Semi-detached sales, up 60% to 8 sales
  • Markham saw an increase in average price of 1.2% to $921,124. Condominiums were up 2.7% to $500,945. Semi-detached sales were up 19% to 25 sales
  • Newmarket didn’t see growth in any sector month-to-month, however average price remains relatively high at $741,499
  • Aurora saw an increase in average townhome prices of 3.8% to $746,636, as well as an increase in sales of 18.4% to 91 sales

 

Burlington

  • Sales in Burlington were up 14.4% to 262 sales from last month
  • Condos saw an increase in sales of 22.6% to 38 from last year
  • The average price in Burlington saw the largest increase from last month when compared to other cities in Halton and Peel, up by 7%.

Halton Hills

  • Halton Hills saw an increase in sales of 3.9% to 80 sales
  • 20% increase in the sales of semis and 100% in condos (up by 1 to 2 condo sales :)
  • Coincidentally average prices are up 1.2% from both last month and last year, to $770,516

 

GTA Prices & Sales by Area (TREB's MLS System) - May 2018

Toronto Area Resale Real Estate Stats on Map May 2018

 

As noted previously, we're still seeing negative figures in a lot of year-to-year stats, however, as we compare as far back as 2015, we’re seeing an overall increase in average prices for both markets. We’re also predicting the disparity between year to year sales and average prices will start to dissipate as we move into the slower time-frame of 2017. As we continue to take our monthly dive into the numbers, we’ll continuously be drawing on data as far back as 2015 to give you a better understanding of average monthly sales, prices and how the real-estate market is really stacking up in 2018. It’s also worth noting the results of the recent provincial election, taking Ontario out of a 15+ year Liberal run-government will inevitably have an effect on the housing and development industry for Ontario. We’ll keep you updated as we begin to hear word of housing-related policies and their possible effect on the market.

 

Note: Many of the stats in this report use home type classifications and averages to provide a general idea of recent activity in the real estate market throughout the GTA and Hamilton regions. These averages give us a high-level summary of the real estate market throughout the region and within each city compared to the previous month and year. These stats may or may not be relevant to a particular home or homes within a particular community. To better understand the home value of any particular property it is best to request a CMA from a REALTOR® and analyze sales of comparable homes within close proximity of the subject property.

Opinions are my own and should not be taken as advice. Data Compiled by New Street from TREB (Toronto Real Estate Board) and RAHB (Realtors Association of Hamilton-Burlington). In association with Right at Home Realty Inc., Brokerage, 5111 New Street, Burlington, ON L7L 1V2. The information here is deemed reliable but not guaranteed by New Street, TREB or RAHB. Not intended to solicit listed properties or buyers under agency agreements.

Robert Jendrzejczak (SA)

As the Founder of New Street, Robert is passionate about optimizing the customer experience. He is a stickler for real-world business results. Rob has developed deep insights into the market and an insider perspective of what homebuyers are looking for these days. When he’s not helping New Street clients, he’s probably catching a run while purposefully ignoring the stop signs. Follow robertj.ca on Instagram.

All Stories By : Robert Jendrzejczak (SA)

Recent News & Reports

February 2019 // 36 Stats // 12 Months // 3 Regions // 1 Greenbelt
February 2019 // 36 Stats // 12 Months // 3 Regions // 1 Greenbelt March 2019
February 2019 // 36 Stats // 12 Months // 3 Regions // 1 Greenbelt March 2019

  The New Street February 2019 // 36 Stats // 12 Months // 3 Regions // 1 Greenbelt // Report   📊 The average price of a home in the Toronto Region was $780,397 in February 2019📊 The average price of a home in the Hamilton Region was $517,439 in February 2019📊 The average price of a home in the Niagara Region was $454,107 in February 2019 📊 YoY The Niagara has seen the highest increase, up 15.6% from last year due to its affordability📊 Toronto & Hamilton show steady increases on both a monthly and annual basis 📊 The average price

  The New Street February 2019 // 36 Stats // 12 Months // 3 Regions // 1 Greenbelt // Report   📊 The average price of a home in the Toronto Region was $780,397 in February 2019📊 The average price of a home in the Hamilton Region was $517,439 in February 2019📊 

Read more
February 2019 // Niagara Region Real Estate Market Report
February 2019 // Niagara Region Real Estate Market Report March 2019
February 2019 // Niagara Region Real Estate Market Report March 2019

  The New Street February 2019 Niagara Real Estate Report //   📊 The average price of a home in the Niagara Region was $454,107📊 This figure is down by 0.3% from the previous month of January📊 Up 15.6% from last year in February 2018📊 Jumping 19-36% from 2017 and 2016 respectively ----- 📊 Sales volume was 410, up from last month by 5% and down 4% from last year in February 2018📊 Sales were down from February 2017 by 52% and down 35% from 2016  ----- 📊 It takes 58 days on average to sell a home, which is

  The New Street February 2019 Niagara Real Estate Report //   📊 The average price of a home in the Niagara Region was $454,107📊 This figure is down by 0.3% from the previous month of January📊 Up 15.6% from last year in

Read more
Should you do your own inspection when buying a home // Selena Pollard Scott featured in Toronto Sto
Should You Do Your Own Inspection When Buying A Home // Selena Pollard Scott Featured In Toronto Storeys March 2019
Should You Do Your Own Inspection When Buying A Home // Selena Pollard Scott Featured In Toronto Storeys March 2019

Our very own, Selena Pollard Scott was featured in a Toronto Storey article titled "Ask An Agent: As A Buyer, Should You Do Your Own Home Inspection?". In the article, she advocates her position of always representing the best interests of the buyer and recommending that they always hire their own inspector to provide a professional and unbiased assessment of the home before going firm on the deal.    Read the full blog post in the Toronto Storeys publication: http://torontostoreys.com/2019/02/ask-an-agent-as-a-buyer-should-you-do-your-own-home-inspection/

Our very own, Selena Pollard Scott was featured in a Toronto Storey article titled "Ask An Agent: As A Buyer, Should You Do Your Own Home Inspection?". In the article, she advocates her position of always representing the best interests

Read more
January 2019 // Niagara Region Real Estate Market Report
January 2019 // Niagara Region Real Estate Market Report February 2019
January 2019 // Niagara Region Real Estate Market Report February 2019

    The New Street January 2019 Niagara Real Estate Report // 📊 The average price of a home in the Niagara Region was $455,484 in January📊 This figure is up by 13% from the previous month of December📊 Up 8.9% from last year in January 2018📊 Jumping 25-40% from 2017 and 2016 respectively ----- 📊 Sales volume was 392, up from last month by 14% and up 16% from last year in January 2018📊 Sales were down from January 2017 by 15% but still up slightly from 2016 by 2% ----- 📊 It takes 57 days on average to sell

    The New Street January 2019 Niagara Real Estate Report // 📊 The average price of a home in the Niagara Region was $455,484 in January📊 This figure is up by 13% from the previous month of December📊 Up 8.9% from last

Read more
February 2019 // Oakville & Burlington Real Estate Market Report
February 2019 // Oakville & Burlington Real Estate Market Report March 2019
February 2019 // Oakville & Burlington Real Estate Market Report March 2019

    The New Street February 2019 Oakville Real Estate Report //   📊 The average price of a home in Oakville was $986,404 in February📊 This figure is down by 6% from the previous month of January 📊 Down 3.4% from February 2018📊 Detached Homes and Condos saw the largest drop of 11% and 13% respectively, meanwhile, the other home types all saw average prices increases between 4-17% ----- 📊 Sales volume was 158, up from last month by 3% and down from last year by about 30% 📊 All home types had

    The New Street February 2019 Oakville Real Estate Report //   📊 The average price of a home in Oakville was $986,404 in February📊 This figure is down by 6% from the previous month of January 📊 Down 3.4% from February 2018📊

Read more
February 2019 // Mississauga Real Estate Market Report
February 2019 // Mississauga Real Estate Market Report March 2019
February 2019 // Mississauga Real Estate Market Report March 2019

    The New Street February 2019 Mississauga Real Estate Report //   📊 The average price of a home in Mississauga was $712,625 in February📊 This figure is up by 1% from the previous month of January 📊 Up 8.7% from February 2018📊 Semis saw the largest jump in price up 11.4% with condo towns and condos trailing at 7-8% respectively ----- 📊 Sales volume was 523, up from last month by 36% and up from last year by about 9% 📊 Detached homes saw the largest jump of 38% from last

    The New Street February 2019 Mississauga Real Estate Report //   📊 The average price of a home in Mississauga was $712,625 in February📊 This figure is up by 1% from the previous month of January 📊 Up 8.7% from February 2018📊

Read more
February 2019 // Toronto Real Estate Market Report (Toronto West, Central & East)
February 2019 // Toronto Real Estate Market Report (Toronto West, Central & East) March 2019
February 2019 // Toronto Real Estate Market Report (Toronto West, Central & East) March 2019

The New Street February 2019 Toronto Real Estate Report (Toronto West, Central & East) //       The New Street February 2019 Toronto West Real Estate Report   📊 The average price of a home in Toronto West was $743,312 in February📊 This figure is up by 9.4% from the previous month of January 📊 Up 4.7% from February 2018📊 Condos at Condo Towns saw the highest jump, up 10-12% from last year ----- 📊 Sales volume was up from last month by 26% but just shy off last

The New Street February 2019 Toronto Real Estate Report (Toronto West, Central & East) //       The New Street February 2019 Toronto West Real Estate Report   📊 The average price of a home in Toronto West was $743,312 in February📊&

Read more
February 2019 // Greater Hamilton Area Real Estate Market Report
February 2019 // Greater Hamilton Area Real Estate Market Report March 2019
February 2019 // Greater Hamilton Area Real Estate Market Report March 2019

  The New Street February 2019 Greater Hamilton Region Real Estate Report //   📊 The average price of a home in the Greater Hamilton-Burlington Region was $517,439 in February📊 This figure is up by 4.3% from the previous month of January 📊 Up 2.4% from February 2018📊 Up 5.8% from February 2017 (when the market was getting heated) 📊 26% jump from 3 years ago in 2016. ----- 📊 Sales volume was up from last month by 26% but just shy off last year by 4%📊 Down by almost 52% from February 2017 and 31% from

  The New Street February 2019 Greater Hamilton Region Real Estate Report //   📊 The average price of a home in the Greater Hamilton-Burlington Region was $517,439 in February📊 This figure is up by 4.3% from the previous month of January 📊&

Read more
February 2019 // Greater Toronto Area Real Estate Market Report
February 2019 // Greater Toronto Area Real Estate Market Report March 2019
February 2019 // Greater Toronto Area Real Estate Market Report March 2019

  The New Street February 2019 Greater Toronto Region Real Estate Report //   📊 The average price of a home in the Greater Toronto Region was $780,397 in February📊 This figure is up by 4.3% from the previous month of January 📊 Up 1.6% from February 2018📊 Down 12.2% from January 2017 (when the market was getting heated) 📊 12% jump from 3 years ago in 2016. ----- 📊 Sales volume was up from last month by 25% but just shy off last year by 2%📊 Down by almost 60% from January 2017 and 50%

  The New Street February 2019 Greater Toronto Region Real Estate Report //   📊 The average price of a home in the Greater Toronto Region was $780,397 in February📊 This figure is up by 4.3% from the previous month of January 📊&

Read more
Square One / City Centre Condos, Mississauga Market Report // October, November, December // Q4 2018
Square One / City Centre Condos, Mississauga Market Report // October, November, December // Q4 2018 January 2019
Square One / City Centre Condos, Mississauga Market Report // October, November, December // Q4 2018 January 2019

  New Street Q4 2018 Square One / City Centre, Mississauga Real Estate Market Report  # of Sales Stats   📊 275 Sales in Square One in Q4 2018📊 The number of sales was down from the previous quarter by 16.2%📊 Down 17.2% from Q4 2017, the previous year Average Price Stats 📊 The average price of a home in the Square One / City Centre neighbourhood was $441,508📊 This figure was up by 2.7% from the previous quarter📊 Jumping 13% from Q4 2017, the previous year Days on Market & % of List

  New Street Q4 2018 Square One / City Centre, Mississauga Real Estate Market Report  # of Sales Stats   📊 275 Sales in Square One in Q4 2018📊 The number of sales was down from the previous quarter by 16.2%📊 Down 17.2%

Read more
Applewood, Mississauga Real Estate Market Report // Quarter 4 // October, November & December 2018
Applewood, Mississauga Real Estate Market Report // Quarter 4 // October, November & December 2018 January 2019
Applewood, Mississauga Real Estate Market Report // Quarter 4 // October, November & December 2018 January 2019

  New Street Q4 2018 Applewood, Mississauga Real Estate Market Report  // 📊 The average price of a home in the Applewood was $611,116📊 This figure was up by about 12.1% from the previous quarter📊 Up 3.5% from Q4 2017, the previous year ----- 📊 The number of sales was down from the previous quarter by 13.3%📊 Down 22.6% from Q4 2017, the previous year ----- 📊 On average it took 22 days to sell a home in Applewood in Q4 2018📊 Homes are selling for 98% of the asking price.   Applewood Home

  New Street Q4 2018 Applewood, Mississauga Real Estate Market Report  // 📊 The average price of a home in the Applewood was $611,116📊 This figure was up by about 12.1% from the previous quarter📊 Up 3.5% from Q4 2017, the previous year ----- 📊&

Read more
Mississauga Real Estate Market Report // January 2019
Mississauga Real Estate Market Report // January 2019 February 2019
Mississauga Real Estate Market Report // January 2019 February 2019

  New Street January 2019 Mississauga Real Estate Market Report  // 📊 The average price of a home in the Mississauga was $705,484📊 This figure was up by about 5% from the previous month 📊 Down approximately 12% from January 2018 last year ----- 📊 Sales volume was up from last month by about 7%📊 Down by 5.6% from last year ----- 📊 Mississauga had 2.1 months of supply in January 2019, lower than the GTA average of 2.7 months.📊 Homes are selling for 97% of the asking price.   Mississauga Home Type Highlights //

  New Street January 2019 Mississauga Real Estate Market Report  // 📊 The average price of a home in the Mississauga was $705,484📊 This figure was up by about 5% from the previous month 📊 Down approximately 12% from January 2018 last year ----- 📊&

Read more
Etobicoke / Toronto West Real Estate Market Report // January 2019
Etobicoke / Toronto West Real Estate Market Report // January 2019 February 2019
Etobicoke / Toronto West Real Estate Market Report // January 2019 February 2019

  New Street January 2019 Etobicoke & Toronto West Real Estate Market Report  // 📊 The average price of a home in the Toronto West area was $679,237📊 This figure is pretty much on par, down by 0.3%, from the previous month 📊 Down 2.5% from January 2018 ----- 📊 Sales volume was down from last month 📊 Down by 4.4% from January 2018  ----- 📊 Toronto West had 1.9 months of supply in January 2019, significantly lower than the GTA average of 2.7 months.📊 Homes are selling for 99% of the asking

  New Street January 2019 Etobicoke & Toronto West Real Estate Market Report  // 📊 The average price of a home in the Toronto West area was $679,237📊 This figure is pretty much on par, down by 0.3%, from the previous month&

Read more
January 2019 // Greater Toronto Area Real Estate Market Report
January 2019 // Greater Toronto Area Real Estate Market Report February 2019
January 2019 // Greater Toronto Area Real Estate Market Report February 2019

  There has been some media coverage on the slowdown of the real estate market in January in the GTA, with claims that sales in January were at their lowest point since 2015. Sales are down from 2017 by about 30% and 16% from 2016. Although, they were very consistent with January 2018 sales, actually up by 0.6%. The markets have been pretty steady in recent months and throughout 2018. Sales activity and demand has tightened up but with the average price of a home in the GTA up by about 2%, it

  There has been some media coverage on the slowdown of the real estate market in January in the GTA, with claims that sales in January were at their lowest point since 2015. Sales are down from 2017 by about 30% and 16% from 2016.

Read more
August 2018 – A Steady Summer
A Steady Summer August 2018
A Steady Summer August 2018

August 2018 – A Steady Summer - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region Although we’re seeing drops in average price for both the Toronto Area (TREB) and Hamilton Area (RAHB), as we dig deeper into each individual market, we’re seeing evidence of a strong and steady market. We also have a collection of new stats this month aimed to give you further insight into what’s going on in both the Toronto

August 2018 – A Steady Summer - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region Although we’re seeing drops in average price for both the Toronto Area (TREB) and Hamilton Area (RAHB),

Read more
July 2018 – Two Sides to Every Story - The New Street Resale Real Estate Report for The Greater To
Two Sides To Every Story July 2018
Two Sides To Every Story July 2018

July 2018 – Two Sides to Every Story - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region Every story has two sides. July's real estate market report, in particular, shows two different signs when compared on a monthly and annual basis. On the south side, sales and prices are slightly down from last month on average. The days on market are up by almost 20% from both the Toronto (TREB) and Hamilton Area (RAHB) markets from both last month

July 2018 – Two Sides to Every Story - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region Every story has two sides. July's real estate market report, in particular, shows two different signs

Read more
June 2018 – Closing the Gap - The New Street Resale Real Estate Report for The Greater Toront
Closing The Gap July 2018
Closing The Gap July 2018

June 2018 – Closing the Gap - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region We called May the “last month of red” for both markets, and it looks like we were relatively accurate – with more and more areas seeing positive increases both from last year and last month. This is particularly true for low-rise homes, which have not seen much gains for most of 2018. In fact, low-rise and condo sales and pricing discrepancies

June 2018 – Closing the Gap - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region We called May the “last month of red” for both markets, and it looks like we

Read more
April 2018 – A Steady Spring - The New Street Resale Real Estate Report for The Greater Toronto an
A Steady Spring May 2018
A Steady Spring May 2018

April 2018 – A Steady Spring - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region As we head into what is traditionally the busiest real-estate season of the year (May-July), we’re seeing a steady growth that coincides with that historic trend. Although we’re not seeing the staggering increase in month-to-month numbers we saw from February to March, April brought about a steady 2.5% increase in average price from last month for the Toronto and GTA markets

April 2018 – A Steady Spring - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region As we head into what is traditionally the busiest real-estate season of the year (May-July), we’re seeing

Read more
March 2018 – A Bright Horizon - The New Street Resale Real Estate Report for The Greater Toronto a
A Bright Horizon April 2018
A Bright Horizon April 2018

March 2018 – A Bright Horizon - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region The Spring months always bring a sense of renewal and the real estate market is no exception. A historically great time to be a buyer and seller, there is always a slight increase in homes for sale and sold in the months after winter dissipates and conditions get better for weekend open-houses. As we've mentioned in previous months, we're seeing a general decrease

March 2018 – A Bright Horizon - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region The Spring months always bring a sense of renewal and the real estate market is no exception. A

Read more
February 2018 – Moving On Up - The New Street Resale Real Estate Report for The Greater Toronto an
Moving On Up March 2018
Moving On Up March 2018

February 2018 – Moving On Up - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region It seems the downward trend the market has been experiencing for the last few months is starting to move on up. Sales are up 20-30% overall in both Toronto & Hamilton markets from last month. Although this still represents a 40% decrease from last year, it also means a step toward a resurgence in the market. Similarly, prices are also showing promise, up 3-5% from

February 2018 – Moving On Up - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region It seems the downward trend the market has been experiencing for the last few months is starting to move

Read more

Chat with a live Rep

By requesting a chat I consent to receive communications by New Street

×

We are connecting you with a Live New Street Representative...