UNDERSTOOD

January 2023

A close look at Real Estate Trends in the Greater toronto area

We trust you are enjoying the milder weather we have been experiencing. According to Wireton Willie the groundhog we will have an early Spring this year! This is good news for the housing market.

January Sales showed the return of a balanced market. The number of sales and the overall selling price were similar to December 2022. Home sales are picking up and interest rate hikes are likely to hold for the foreseeable future and that will prompt Buyers to move in the coming months. Record population growth and tight labour market conditions will continue to support the housing demand. Please click on the link below for a breakdown of Market Stats per region.

If you are considering a move or simply want to know the value of your home, please reach out for a confidential complimentary Market Evaluation of your home. If you are interested in Buying a home I have exclusive properties not on the MLS system that I can show you.

Oakville MARKET INSIGHTS

January 2023

Burlington MARKET INSIGHTS

January 2023

HAMILTON MARKET INSIGHTS

January 2023

Mississauga MARKET INSIGHTS

January 2023

TORONTO MARKET INSIGHTS

January 2023