February 2022

7 REASONS TO CONSIDER A CONDO

Posted on Feb 25, 2022 in For Buyers



Considering a condo but not sure if it's the right move for you? Whether it's your first encounter with the real estate market or merely an addition to your real estate resume, here are seven great reasons to consider buying a condo:

Low Maintenance Living
Whether retired, semi-retired, or working full time, condo living offers minimal maintenance so...

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CREB 2022 ECONOMIC FORECAST

Posted on Feb 04, 2022 in Market Updates



Despite risks surrounding the pandemic, the outlook for our economy is far more promising than it was a few years ago, with renewed optimism coming from the energy sector and growth prospects in the tech industry. Improving economic activity, job growth and the slow return of migration to the city are expected to continue supporting relatively stro...

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FEBRUARY 2022 MARKET UPDATE

Posted on Feb 01, 2022 in Market Updates



Sellers' market conditions continue to impact prices – Thanks to persistently strong sales, inventory levels in the city eased to 2,620 units, the lowest levels seen since 2006. This caused the months of supply to remain exceptionally low for this time of year at 1.3 months.

The tight market conditions contributed to further upward pressure on pric...

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