I think this week's update is pretty interesting. There's some changes that might be indicating that buyers are kind of past letting the dust settle here and might be thinking about reentering the market, so let's talk about the numbers. In Georgetown this week, we had 21 sales. I have been talking for weeks how we sort of stabilized there between 12 and 16. This is the first time since the middle of March that we have seen over 20 sales in a week in Georgetown. That means that... [read more]

Today is a doozy of an update. I have May numbers as well as some pretty crazy weekly numbers, so let's have a look. This is, I think, a really important conversation about our May numbers, because people are losing sight of where we've come from year over year. All they're thinking about is what they've lost since February and March, and they are still not thinking about the big picture. In May of 2021, we had 109 units sell, but our average price was 1,036,348. This year, May... [read more]

No real change this week. Inventory is continuing to just skyrocket. This week in Georgetown, we only had 12 sales. That is a pretty low number for Georgetown. We haven't been seeing a ton of sales overall considering how much we have available, but only 12 sales is very low. Weirdly enough, five of them got over asking. There is still stuff that's getting traction and moving, but overall, it's pretty dead in the water. The bad news: there was 26 new listings, so that is a huge gap.... [read more]

The story's remaining the same here with inventory continuing to climb. Sales are still sort of there, but they have definitely dropped off, so let's look at the numbers. In Georgetown this week, we had 18 properties sell, which is the highest number we've seen in quite some time. The last time we saw that many sales was in the middle of March, so maybe the market's going back. We had 18 sales, so it means some buyers are still there, but again, with some options, we're just... [read more]

Welcome to this week's Halton Hills Housing Update. We are just getting slammed with inventory. I cannot believe the numbers this week, so let's have a look. In Georgetown this week, we had 15 sales. Again, totally stabilizing on that number. It's like 14, 15, 16, the last four weeks, so we are really kind of at that this is how many houses we sell every week. Interestingly, 11 of them got over asking, so that's kind of a surprise to me, but there is a lot of stuff sitting. My... [read more]