Have we moved to a Balanced Real Estate Market?

Spring has sprung, the grass is riz, where are all the homes sales at? The Wellington County real estate market remains a seller’s market despite a growing amount of new listings and a lower amount of unit sales, causing many of its’ submarkets to dip into a balanced market. Demand appears to remain high as we continue to see median and average sale prices rise. Check in with Frances Snider Royal LePage Royal City Realty for all the details.
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Where’s the market going after First Quarter of 2022?

The Easter bunny has hopped on in to the area and brought with him some nice Spring weather. But as the weather has been complicated over the last couple months, so has the real estate market. In the real estate market, we have some changes that have been happening. Although, it remains a seller’s market in the area, as demand continues to drive sales, we are seeing slightly less new listings than this time last year, however, buyer demand is showing signs of lessening overall as we enter into the Spring months..Check in with Frances Snider Royal LePage Royal City Realty for all the details.
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Have we already experienced our 2022 Spring peak?

pring is just a few weeks away (or so we hope), and with that the Spring real estate market….Or have we already experienced our Spring peak for 2022? The strong seller’s market continued its trend across the region driven by high demand. The supply of property listings has increased but average sales prices have continued to increase as the market is unable to keep up with buyer demand. Looking specifically at Wellington County, the year to date sales volume at end of February…Check in with Frances Snider Royal LePage Royal City Realty for all the details.
More Have we already experienced our 2022 Spring peak?

Monthly Regional real estate market review

Old man winter is blasting through the region with a cold front, but even that is not enough to cool the housing market in the area. The strong seller’s market continued its trend across the region as we entered the new year and limited supply of listings was upheld by the last lockdown in the area, and not able to keep up with buyer demand. Check in with Frances Snider Royal LePage Royal City Realty for all the details.
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Year End Regional real estate market review for 2021

With the change of the calendar from December 2021 to January 2022 we have seen a bit of a repeat of the last year. Although old man winter has made their way into the area, in the housing market, the market in the region continues to be hot. The strong seller’s market continued its trend across the region as we closed the book on the 2021 year. Unit sales
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Monthly Regional real estate market review

It’s the middle of November, and yes, I will say it….we are only 35 days until Christmas!! Can you believe it? In the housing market, the market in the region is still fairly hot, and the seller’s market has continued its trend across the region as we moved into the fourth quarter of 2021. The high buyer demand and quick turnover of homes in the area has continued to push the price of homes upwards despite slower overall sales activity this past month. … More Monthly Regional real estate market review

Home Ownership – Rent vs. Buy – That is the Question!

Home ownership is an individual decision. For one person it may be the right thing, for another it just not make sense. A lot of factors and situations will make up your decision on whether home ownership is the right thing for you. However, whenever I am contemplating a large dollar purchase I like to do my homework and research before making that decision. The fact whether you should rent or buy at the end of the day, may come down to a financial decision and for that I like to ensure I get information from the experts. … More Home Ownership – Rent vs. Buy – That is the Question!

Monthly Regional real estate market review (August)

What happened to summer? Here we are in the middle of September and in a blink the summer has passed us! We see the kids get back into the swing of school, and everyone getting out and about and back to some sort of normal. In the housing market, the market in the region is still fairly hot, and the seller’s market has continued its trend across the region. The high buyer demand for homes in the area has pushed the price of homes upwards resulting in an increased sales volume this past month.
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Market Monday – Q2 Regional real estate review

We’re already through over half of 2021 and summer is amongst us as many have started their summer plans away from home. It’s been a long road to get here, but the region (and province) has finally opened up and were getting to some semblance of normal.

In the real estate world, the market in the region is still quite hot, and we continue to see a strong seller’s market in Wellington County with significant increases in overall sales activity. House prices in the area have continued to increase as demand for homes in the area remains high in the region. … More Market Monday – Q2 Regional real estate review