Very low house supply starts off the year. Historically listings start appearing in mid January after the holidays. This year the start is slower. Its a tough time for many who are stuck at home - the weather is cold, sunshine is rare and you can’t see friends and extended family. Motivation levels for many to do anything are low. We believe that things will pick up. Vaccine is here, spring is coming. Market will pick up - we think demand will be high and supply will continue to be... [read more]

Some housing predictions for 2021. CIBC issued their weekly market update with some very interesting observations and predictions. The pandemic has resulted in job loss in the lower end of the job sector including services which is a major factor. The higher end job sector has for the most part not been impacted, people spent less hence they saved money plus interest rates are very low. They need and want more space and have created demand in the higher end market. On the other hand, the... [read more]

Happy new year to all! I think this year many of us have reflected on the silver linings that the pandemic has given us. We are grateful for what we have. Sometimes it's all about the little things. This winter our cauldron and pizza oven gave us much joy. I never knew that pizza in front of a fire in the winter could be so much fun. I would also like to take this opportunity to thank all my clients and friends who have supported us through the pandemic. Our team has had a record... [read more]

Holidays are approaching and we will have to deal with a different holiday where families can’t always be together. Kids will be off school, what will they do and mothers are trying to figure out how their kids will survive the holidays in a safe way. We all need people - community is important now more than ever. "The Garage” has become an important piece of real estate. Garages all over are being converted to gyms and places to have small gatherings -a friend termed it... [read more]

Interest rates are low, stock market is up, certain sectors of the economy are down and certain ones are up. We have a new president, and it looks like a vaccine is coming. People want space and they want to get back to living. How does all this net out in real estate. It’s tough to tell. Demand is still high and supply is low in the housing market. Hence we anticipate the housing market to continue to be strong but there appear to be too many condos for the demand so the condo market... [read more]