Hi, everyone! Welcome to this week's super interesting market update. The numbers this week are crazy and are going in the direction I thought they were going to, which is bad news for sellers. So, let's look at what happened in Georgetown last week. We only had five sales which is very low. From the listings I have right now, I can tell you buyers are just unwilling to pull the trigger right now and there has been a massive slow down in buyer activity. Five sales when you have as... [read more]

Hi, everyone. Welcome to this week's Halton Hills housing update. So, today I have August numbers, which feel very skewed due to some high sales and I’ll also cover what happened last week and a trend I think is emerging.  So, in August of this year, we only sold 40 houses which is extremely low for Halton Hills. Some months we see over 100, but we typically see between 80 and 90. So, 40 sales tells us that buyers are not very active right now. In August of 2022, when things... [read more]

Hi, everyone. Welcome to this week's Halton Hills housing update. So, another sort of weird week in terms of numbers. We had extremely low sales across the board this week. In Georgetown, there were only four sales. That is extremely low for Georgetown and that is just showing us how quiet buyers are right now. Showings are still happening but we are not seeing may offers right now. Hopefully this trend of extremely low sales ends soon because it will not be good for our overall inventory.... [read more]

Hi, everyone. Welcome to this week's Halton Hills housing update. So, not as dramatic of an update this week. The numbers are still interesting and they are definitely trending in the direction that I thought they were going to be trending. But, what's interesting is that properties are coming off the market now and it's kind of keeping things at bay again. So, looking at last week's numbers, Georgetown only had six sales. Again, this is a very slow week in Georgetown,... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. This is a pretty surprising update this week and I really think it’s an indicator for where our market is heading into the back half of the year. There were only six sales in Georgetown last week. It’s been super slow recently which is a bit surprising, but what’s even more shocking is just how many new listings we had this week. This week, Georgetown had 27 new listings. That is probably one of our... [read more]