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February 2018 Housing Stats for the Durham Region

Monday Mar 12th, 2018

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  Durham Region Association of REALTORS® (DRAR) President Dennis Roberts reported 604 residential transactions in February 2018, a 28.5 per cent increase over the previous month, and a 27 per cent decrease compared to February 2017. February also saw a 26 per cent increase in the number of new listings in Durham 1,202, compared to the 954 reported in January 2018. The average selling price in Durham Region reached $591,404 in February 2018. In the previous month the average... [read more]

February 2018 Housing Market Update for the Greater Toronto Area

Monday Mar 05th, 2018

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  GTA Real Estate So Far In 2018 Lot's Of Turbulence   Newly Imposed Stress Tests The stress tests for homebuyers are now in full swing. For now, we can see that sales for January in Toronto indicate that the market has cooled by about 10 percent. Meanwhile, the prices of condominiums have risen and this is perhaps due to the higher demand for what is seen as an affordable option in Toronto.   Housing Prices - GTA - February 2018 The average selling... [read more]

Greater Toronto Area Housing Sales for the Final Quarter of 2017

Thursday Jan 25th, 2018

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The Real Estate Ramani team recaps how the Canadian housing market ended in 2017 as we enter into 2018   Housing Prices: The average selling price in the GTA were slightly up in October, with figures coming out to around $780k in October. However, the average price is still lower than when figures peaked in April 2017. Overall, the Toronto market prices have been plunging for detached homes, falling to $735k in December. The Durham region revealed that the average selling... [read more]

Housing Market at a Glance: November 2017 Edition

Wednesday Nov 01st, 2017

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  Real Estate News — Housing Market Update Listing Prices The Toronto Real Estate Board reported the average selling price for all types of property sold in September was up 2.6% from a year ago, rising to $775,546.   Sales Update The Canadian Real Estate Association says sales through its Multiple Listing Service in September were up 2.1 per cent compared with the previous month.   New Lending Rules as of January 1, 2018 The new guidelines... [read more]

Ajax Events During the Week of October 15, 2017

Tuesday Oct 17th, 2017

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► Ajax Farmer's Market @ Ajax Downs   Monday, October 16, 2017 Time: 1:00 PM - 6:00 PM  Ajax Downs 50 Alexander's Crossing, Ajax ON Contact info: 905-686-8001 Enjoy buying quality produce, baked goods, preserves, and many other delicious foods prepared by and sold directly from local farmers and artisans. Free for all ages. Free Parking.     ► Have Some Beer with Your Cheese   Tuesday, October 17,... [read more]

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