by Rick Crouch | Jan 15, 2025 | 2024 Real Estate Market Updates & Trends, Economic and Financial News, Real Estate General, Real Estate Market Activity, Real Estate Market Report
After the unprecedented, robust real estate market we saw in most area across Canada in 2020 and 2021, the market has clearly shifted to one of balance thereby leveling the playing field for Buyers and Sellers alike. Below, is what you need to know in order to...
by Rick Crouch | Dec 12, 2024 | Economic and Financial News, Real Estate General, Real Estate Market Activity
The Bank of Canada announced on Wednesday a 50-basis-point reduction to its interest rate, bringing it down to 3.25%. This marks the fifth consecutive rate cut since June, as the central bank continues to respond to economic challenges. It is also important to note...
by Rick Crouch | Dec 3, 2024 | 2024 Real Estate Market Updates & Trends, Real Estate Buying, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling, Real Estate Statistics
After five consecutive months of declining sales activity from April through August, the real estate market across Southern Georgian Bay saw a noticeable upswing from September through November, possibly spurred by recent interest rate cuts. As we approach the holiday...
by Rick Crouch | Nov 8, 2024 | 2024 Real Estate Market Updates & Trends, Real Estate Buying, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling
As we head toward the close of 2024, the real estate market in Southern Georgian Bay shows signs of renewed activity following several months of slowed sales. After a five-month stretch of decreased market activity from April through August, recent interest rate cuts...
by Rick Crouch | Oct 24, 2024 | Home Improvement and Staging Tips, Property Pricing, Real Estate Help Tips, Real Estate Market Activity, Real Estate Selling
Selling your home in this slower Southern Georgian Bay area real estate market can feel like an uphill battle, especially when sales are down and MLS® listings in the area are on the rise. But with the right preparation, you can make your property stand out and...
by Rick Crouch | Oct 16, 2024 | Luxury and High-End Property Insights, Real Estate Market Activity, Real Estate Market Report, Real Estate Statistics
The luxury real estate market in the Southern Georgian Bay region has experienced a significant shift in 2024, with sales trending lower compared to the market highs of 2020, 2021 and 2022. Whether buying or selling, understanding these changes is key to navigating...
