Real Estate Curve

Everything To Know About Real Estate

Mar-23-2011

2011 and 2012 Real Estate forcast for Ontario Canada

Predictions are set that in 2011 and 2012 house prices will only jump up by 2-3% as oppose to 2010 which had about 5% increase.
The banks are rumored that an increase might happen four times in the next 2 years, let’s hang on to see what will happen.
We are experiencing multiple offer situations in the early 2011, will the spring continue to show a strong sellers market? we will find out…

Posted under News
Mar-21-2011

Greater Toronto Statistics February 2011

Year to date we are 14% less in sales.
The year to date selling average price is up 5%
Average days on market went up by 23%

Posted under News
Oct-13-2010

Greater Toronto Area Real Estate Sales Statistics Summarized – September 2010

Greater Toronto Area Real Estate Sales Statistics Summarized – September 2010

All These Statistics Are Compared To September 2009…

In September we had 28% More Active Listings

Monthly Solds Is Down By 23%

Year To Date Solds 4% More

Year To Date Average Selling Price is 11% More

Posted under News
Sep-7-2010

Mississauga Real Estate Report, Meadowvale, Clarkson, Milton, Oakville, Brampton, Toronto Uptate

Greater Toronto Area Real Estate Sales Statistics Summarized – August 2010

All These Statistics Are Compared To August 2009

We have 25% MORE Active Listings
Monthly Solds 26% LESS
Year To Date Sales 8% MORE
Year To Date Average Selling Price 11% MORE

Posted under Moving, News
Jun-1-2010

Mississauga Meadowvale and GTA real estate update

In the Month of May 2010 the real estate in meadowvale, port credit, lorn park has seen a slow down in sales, good listings and decrease in multiple offer.
Great news, maybe this will balance out the market. Although still there isn’t enough listings as there were predicted as compared to last year this should out balance out through out the reminder of the year. What does the HST hold for us, it is just a few weeks away, will the vendors sitting on the fence list after HST takes effect stay tuned.

Posted under News
Mar-10-2010

Greater Toronto Area Real Estate Sales Statistics Summarized – February 2010

These Stats Are Compared to February 2009:

Active Listings –> 32% LESS

Monthly Sold –> 77% MORE

Year To Date Sold –> 81% MORE

Year To Date Average Selling Price –> 19% MORE

Sold Price To List Price –> 4% MORE

Average Days On Market –> 51% LESS

Posted under Buyer, News, Seller
Mar-10-2010

February 2010 Mississauga FREEHOLD Residential Sales Statictics:

$200,001-$300,000
Sold to List Price: 98.37%
Average Days On Market: 42

$300,001-$400,000
Sold to List Price: 100.33%
Average Days On Market: 13

$400,001-$700,000
Sold to List Price: 99%
Average Days On Market: 15

Posted under Buyer, News, Seller
Mar-10-2010

February 2010 Mississauga APARTMENT Residential Sales Statictics:

$200,001-$300,000
Sold to List Price: 98.61%
Average Days On Market: 23

$300,001-$400,000
Sold to List Price: 99.17%
Average Days On Market: 22

$400,001-$700,000
Sold to List Price: 98%
Average Days On Market: 41

Posted under Buyer, News, Seller
Feb-10-2010

February 2010 Mississauga Real Estate Update

Although we are getting more and more listings in Mississauga and around the GTA, there isn’t enough. There are tons of buyers and still there isn’t enough listings. We have bidding wars and some people still over pay for a dream house because the supply is low and demand is high. Let us wait for March to come, in the past few years, March is the typical month where real estate starts to pick up. My predictions are, there will be alot of activity before July(HST will come on effect) and prices should stay stable.

Posted under News
Jan-6-2010

Greator Toronto Real Estate Market Statistics

Last month(December 2009) there has been roughly -47% Active listings compared to 2008.

The amount of real estate sales in (December 2009) was at a high of +115%, highest in the last 4 years.

What does this mean, is that there aren’t that many active listings and people are still buying real estate in Toronto, Mississauga and the greater Toronto area more then ever.

What will happen in the future for Ontario real estate when the HST will start in July?
I personally think that sellers will want to sell their properties before hand to avoid additional costs. What I mean is that on a average home worth $400,000 a seller will have to pay $1600 more in taxes on commission when the HST will be in effect. Therefore a lot of people will want to save that money and sell/close before hand to avoid the additional cost.

Posted under Buyer, First Time Buyers, Seller
Jan-1-2010

Happy New Year

Happy New Year to all the readers, may this year bring the real estate market to a steady balance.

– realestatecurve

Posted under News
Dec-24-2009

Happy Holidays

Happy Holidays to everyone, may your holidays be safe and joyful.

Posted under News
Dec-1-2009

Mississauga Angry Buyers and Multiple Offers!!!

Since when did we go into bidding wars in Mississauga, once in a while before but now it seems each good listing has a bidding war. Buyers are becoming angry and feel the pressure to buy. First time buyers are shocked and feel extreme pressure from their agents as well.
Banks are appraising the properties and wonder where are the sale prices coming from. Well its easy, in a bidding war the final price comes from the person who is willing to pay the most for the house.
People now is Mississauga are even buying real estate without inspections, what’s next?
Houses selling in 1-4 days, others over listed are staying on the market or getting low ball offers.
The majority of the activity is coming from the 300-500K homes.

Stay tuned for the next update…

Posted under Buyer, First Time Buyers, News, Seller
Nov-2-2009

Mississauga Real Estate Inventory Update As Well As GTA

Through out the last few weeks, the market in all parts of Mississauga specifically in Meadowvale, Clarkson, Port Credit Real Estate has been moving like hot cakes. If the property is rennovated or not but priced right, it will sell quick. People are not being that picky as they use to be due to the lack of extreme LOW inventory.
Have you been looking for a house, did you find one, were there mulitple offers on it or even worst did it sell before you could take a look at it? These are all the symptoms which buyers are experiencing currently in Mississauga Real Estate and through out the GTA.

As of November 2, the inventory of Mississauga and the GTA is extremly low, ATTENTION SELLERS IT IS YOUR MARKET!!!

Posted under Buyer, First Time Buyers, News
Sep-30-2009

Mississauga and Toronto upto October Real Estate Statistics

As we moved on from the summer the housing inventory in real estate in Mississauga and Toronto was at the lowest possible, tons of buyers but not a lot of sellers. What this mean is, that currently it is still a sellers market. The buyers are fighting for the homes which may not be worth that much, but since there is a limited inventory buyers are on fire to buy. What happened to the market it use to be a buyers market? It quickly changed to a sellers market, what will the next few months bring? I believe it will be the same as the last past 3 months, low invetory and a bit of a slow down beacuase of the holidays…

Posted under News