May: Sales up a little, market remains balanced
The 758 properties sold in May represented a drop of just under a percent from a year ago, but that slight dip was only because there was one fewer business day this May than last. ...
The 758 properties sold in May represented a drop of just under a percent from a year ago, but that slight dip was only because there was one fewer business day this May than last. ...
Despite the timing of Easter this year meaning one less business day this April, sales came in not too much lower than a year ago. At 642 sales, we are down 5% from last April’s...
March numbers are in, and the slow weakening of the market continues. We’ve gone from a 60% increase in year over year sales in October as buyers took advantage of lower rates, to now only...
Well the trade war is on again, but it’s far from clear what it will do to the Victoria market. On the negative side, it’s bad for consumer confidence and likely to drive up unemployment,...
Who knew 2025 would bring such uncertainty so quickly? Despite the pause on tariffs, the country is on edge, with measures of economic uncertainty spiking to levels we haven’t seen in decades. Just a few...
This post is 2 years old. The data and my views may have since evolved.The market started picking up in September, detached went on something of tear in October, and November brought continued strong activity,...
This post is 2 years old. The data and my views may have since evolved.As discussed last month, the market set up and achieved a big outperformance in October. In fact with 654 sales, activity...
This post is 2 years old. The data and my views may have since evolved.After a surprisingly slow start to the month, September ended stronger, with 571 sales up 16% over last year. New lists...
This post is 2 years old. The data and my views may have since evolved.August ended with 545 sales and 1043 new listings. Year over year that’s the same number of sales and slightly (4%)...
This post is 2 years old. The data and my views may have since evolved.Though July’s 650 sales were up 9% from last year, the reality is the sales rate was unchanged, with the increase...