by Rick Crouch | Aug 10, 2023 | Real Estate Buying, Real Estate Financial, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling, Real Estate Statistics
While MLS® sales across the Southern Georgian Bay area in July were up over July last year & we have now had 3 consecutive months of sales growth including May and June, I believe it’s too early to say the market has fully recovered from the recent slowdown that...
by Rick Crouch | Aug 8, 2023 | Condominiums, Real Estate Buying, Real Estate General, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling, Real Estate Statistics
After robust sales in 2020, 2021 & a brisk start to 2022, MLS® condominium sales in the Southern Georgian Bay area have softened, due largely to higher interest rates and inflationary pressures. June 2023 Year-To-Date (YTD) MLS® condo sales of 171 units are 37...
by Rick Crouch | Aug 4, 2023 | Luxury Market Information, Luxury Market Statistics, Real Estate Statistics, SGB Luxury Homes & Condominiums
Through 2020 into early 2022, luxury home & condominium sales, those priced over $1 million played a dominant role in driving MLS® sales volume across the Southern Georgian Bay region. As with the market overall, luxury sales softened in 2022 and this trend has...
by Rick Crouch | Jul 19, 2023 | Real Estate Buying, Real Estate Financial, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling, Real Estate Statistics
While MLS® sales across the Southern Georgian Bay area in the 2nd quarter increased significantly from one year ago, it is nonetheless far too early to say that the real estate downturn is over and the market has fully recovered. MLS® dollar sales in June of $202.5...
by Rick Crouch | Jun 12, 2023 | Buying & Selling, Real Estate Buying, Real Estate Financial, Real Estate General, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling, Real Estate Statistics
While real estate activity across the Southern Georgian Bay area continues to remain well below 2022, MLS® sales in May did show an improvement from one year ago. For the year, MLS® unit & dollar sales are down especially in the upper price ranges from $800,000...
