July 2025

The New Realty Reality

Posted on Jul 31, 2025

Are Buyers getting more selective? Well, yes and no. 

Let's look at the sale of a Fairview property last month that went for under $500k where we currently have 141 listings. That property had 32 offers resulting in 31 buyers not getting a home yet. We have 141 currently active single family listings priced under $550k providing those 31 buyers with...

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What are the Consequences of Solving the Problem?

Posted on Jul 16, 2025

Driven by federal government policy, increased immigration had a major impact on driving up both rental rates plus housing prices across the country. The federal government decided to introduce a policy to create more supply, let’s deal with one aspect of those federal government plans.

One such policy is the CMHC (Canada Mortgage & Housing Corporat...

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Where Are Housing Prices Headed?

Posted on Jul 04, 2025

Why we do not expect prices to fall:

Sales to New Listing Ratio (SNLR) is a measure commonly used to see whether the market favours buyers or sellers. 45-65% is generally considered a balanced market not favouring either Buyer or Seller. A ratio below 45% suggests there are more homes coming to market providing an advantage to Buyers. Above 65% sugg...

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