Blog - Gerald Lawrence - General Manager, REALTOR®

Market Update

Uxbridge Real Estate Update – March 2023

Real estate activity in Uxbridge, Ontario for March 2023 showed a slight decrease in the average selling price of homes compared to March of the previous year. The average selling price for a home in Uxbridge in March 2023 was $1,329,780, which is a 9.6% decrease from the previous year’s average selling price of […]
Industry Update

Bill 97, Helping Homebuyers, Protecting Tenants Act (“HHPA”), 2022

Today, the Government of Ontario introduced new housing legislation – Bill 97, Helping Homebuyers, Protecting Tenants Act (“HHPA”), 2022. The HHPA is the latest in a series of steps the Province is taking to increase the housing supply and help more Ontarians find a home they can afford. Since 2015, TRREB has been a leading voice […]
Property Update

JUST SOLD: 3+1 Beds, 3 Baths, 2-Car Garage on 1 Acre*

. JUST SOLD 496 Centreline Road | Lindsay, ON K9V4R5 After only three-(3) days on the market, the property is now SOLD firm! Buying and selling a home can be a complicated and stressful process. You need a knowledgeable and skilled agent like me to assist you with the sale of your property or the purchase […]
Market Update

Prohibition on the Purchase of Residential Property by Non-Canadians Act

On January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act and associated Regulations (the “Act”) came into force and effect. As the name suggests, the Act bans Non-Canadians, as defined by the Act, from directly or indirectly purchasing certain Residential Property in Canada for a period of two […]

Market Update Uxbridge Real Estate Update – March 2023 Real estate activity in Uxbridge, Ontario for March 2023 showed a slight decrease in the average selling price of homes compared to March of the previous year. The average selling price for a home in Uxbridge in March 2023 was $1,329,780, which is a 9.6% decrease from the previous year’s average selling price of […]

Industry Update Bill 97, Helping Homebuyers, Protecting Tenants Act (“HHPA”), 2022 Today, the Government of Ontario introduced new housing legislation – Bill 97, Helping Homebuyers, Protecting Tenants Act (“HHPA”), 2022. The HHPA is the latest in a series of steps the Province is taking to increase the housing supply and help more Ontarians find a home they can afford. Since 2015, TRREB has been a leading voice […]

Property Update JUST SOLD: 3+1 Beds, 3 Baths, 2-Car Garage on 1 Acre* . JUST SOLD 496 Centreline Road | Lindsay, ON K9V4R5 After only three-(3) days on the market, the property is now SOLD firm! Buying and selling a home can be a complicated and stressful process. You need a knowledgeable and skilled agent like me to assist you with the sale of your property or the purchase […]

Market Update Prohibition on the Purchase of Residential Property by Non-Canadians Act On January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act and associated Regulations (the “Act”) came into force and effect. As the name suggests, the Act bans Non-Canadians, as defined by the Act, from directly or indirectly purchasing certain Residential Property in Canada for a period of two […]

Property Update Stunning Brick Bungalow with Fully Updated Kitchen, Finished Basement, and an Incredible Backyard Oasis Sitting On 1 Acre Near Pigeon Lake! If you’re looking for a cozy and spacious home in a peaceful neighborhood, this red brick bungalow with 3+1 bedrooms, and 3 bathrooms on a sprawling 1-acre lot with a finished basement is definitely worth considering. Located in the tranquil area of Downeyville, this property has a lot to offer with its impressive backdrop and […]

Market Update February 2023 Real Estate Market Update Videos Durham Region Real Estate Market Update York Region Real Estate Market Update Greater Toronto Area Real Estate Market Update Township Of Uxbridge Real Estate Market Update Town Of Whitchurch-Stouffville Real Estate Market Update Town Of Ajax Real Estate Market Update City Of Pickering Real Estate Market Update Town Of Whitby Real Estate Market Update City […]

Market Update February 2022 Real Estate Market Update For The Greater Toronto Area GTA HOME SALES AND LISTINGS DROP IN FEBRUARY Uptick in Homebuying Expected Later This Year TORONTO, ONTARIO, MARCH 3, 2023 – February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022. However, the number of new listings also dropped substantially year-over-year. The result was that the […]

Property Update Open House Weekend – Executive Home in Gated Community

Property Update JUST LISTED: 52 Wyndance Way, Uxbridge (The Estates Of Wyndance)

Market Update January 2023 Market Update GTA REAL ESTATE MARKET STARTS THE NEW YEAR THE SAME AS IT ENDED LAST YEAR TORONTO, ONTARIO, FEBRUARY 3, 2023 – As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On […]

Property Update Just Listed: End Unit Townhouse in the heart of downtown Just Listed For Sale In North Durham Region Click Here To See This Listing With All Pictures & More Information This Luxurious End-Unit Overlooking Green Space On 2 Sides Is Completely Finished From Top To Bottom With Upgrades & Luxury Finishes! An Entertainer’s Dream, Enjoy The Brightly Lit Kitchen & Living Room With 9Ft Ceilings, […]

Market Update Rental Report: POPULATION GROWTH AND HIGH INTEREST RATES DRIVE RENTAL DEMAND IN GTA TORONTO, ONTARIO, January 31, 2023 – Average condominium apartment rents continued to increase by double-digit annual rates in the fourth quarter of 2022. However, while market conditions remained tight enough to support very strong rent growth, there was more balance in the rental marketplace compared to the same period a year earlier in 2021. […]

Market Update TRREB: GTA CONDO SALES DOWN WHILE PRICES REMAIN FLAT TORONTO, ONTARIO, January 31, 2023 – Selling prices for condominium apartments bucked the overall downward trend in the housing market during the fourth quarter of 2022. The average selling price in Q4 2022 stayed in line with the average in Q4 2021. “While condo market conditions have become more balanced over the past year, there […]

Property Update Just Sold! – 13 Hickory Drive See the full listing and sold price by clicking on my website link here. Buying and selling a home can be a complicated and stressful process. You need a knowledgeable and skilled agent like me to assist you with the sale of your property or the purchase of a new home. Go to www.QuickHomeValues.ca For a FREE Home Market […]

Market Update December 2022 Peterborough & Kawartha Lakes Market Update

Property Update Executive Home in Newer Subdivision of Rockwood (Guelph/Eramosa) Near Conservation For Sale I am pleased to announce my listing at 13 Hickory Drive in Rockwood. This bungalow with loft is truly a must-see, with 3+2 bedrooms, 4 bathrooms, and a finished basement. The home also features a 2-car attached garage, providing plenty of space for all your storage needs. The open-concept main floor boasts a spacious open-concept […]

Mortgage Update Why Homebuyers must get a Mortgage Pre-Approval NOW! Click NOW To Get That Mortgage Pre-Approval Without Delay! If you plan to buy real estate this year at all, get a mortgage pre-approval right now! Don’t wait, do it now and at least have a rate locked in that the lender will honor for up to 120 days even if interest rates go up […]

Market Update A Look Back At The 2022 GTA Housing Market Sign Up for Neighborhood News Today! Home Sales & Listings Down While Selling Price & Rent Up TORONTO, ONTARIO, January 5, 2023 – The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were […]

Market Update Interest Rate Hikes Drive Down Home Sales and New Listings in November Know How Much Your Home Is Worth By Visiting: www.QuickHomeValues.ca Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. What is happening in your community or postal code? Do you want to know what’s trending in another area? Find out using NEIGHBOURHOOD NEWS by entering the […]

Uncategorized October 2022 Market Statistics November 7, 2022 October Market Report October 2022 Market Snapshot Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Greater Toronto Area (GTA) found some support near $1.1 million since the late summer. GTA home sales continued to adjust to substantially higher interest rates in […]