Calgary Housing Market Improves Slightly vs Last Year CREB’s year-end report on the Calgary housing market showed home sales were down 3% from last December, but still well up from long-term averages. Time moves quickly and the past performance of the Calgary real estate market is only a weak guide as to where it’s heading….
Toronto Housing Market Report 2024 was a slow year again for Toronto Realtors, sometimes agonizingly so, yet sales did increase by 2.6% vs 2023. It was a year of the fear of higher for longer interest rates and rising long-term bond yields which gaves little hope for homebuyers hoping to buy a property in one…
Florida Real Estate Market The Florida housing market is one of the most desirable to Americans and foreign buyers, but of late, it’s lost some its glitter. But is a home in Florida ever a bad idea? Notwithstanding the US cost of living and affordability challenges which plague Florida too, this state typically thrives as…
Where is the Housing Market Headed Now? Last month, Lawrence Yun, NAR’s chief economist held a conference to discuss the direction of the housing market. It’s good timing because this extreme conversion in US government philosophy is giving housing market forecasters big headaches. Which way will the US economy and housing market go? Zillow’s senior economist…
Sales Growth in the California Housing Market When home supply dips below 5 months inventory, it’s said to be a sellers market. In California in July, home inventory hit 2.9 months supply, up from 2.5 months last July, making the Golden State clearly a long way from being a buyer’s market. Despite intense demand, unsold…
Boston Real Estate Market Is it a good time to buy a house or condo in Boston? The data is somewhat conflicting depending on the source. Redfin, GBAR and Zillow are showing prices trending down fast so it seems the market will need some support or this could get grim in September. The market was…
Much Better Home Sales Season Ahead for Realtors The US Fed is likely to reduce the central lending rate slightly in July. What goes up must come down, the way it’s done after every recession the FED has launched. The rate decline will be minimal, however it still represents a signal of a trend and…
Los Angeles Housing Market June’s sales data for the Los Angeles housing market doesn’t really tell us anything new, however prices jumped in June which may lead us to believe the market has some health. The exodus of people and businesses have hurt the LA economy, yet as interest rates drop, that trend may stop…
Vancouver Housing Market Update and Forecast Vancouver has built its reputation as one of the most beautiful cities and locations in the world. The modernization of the city, incredible mountain vistas, moderate climate with a surprising amount of yearly sunny days, high tech center growth, tourism and neighboring mountain recreation areas makes this area a…
San Diego Home Prices Keep Climbing Pandemic or not, San Diego real estate is a much desired thing. House prices in the city of San Diego June rose to an average of $1,080,000 while it was $1,114,122 within San Diego County (up 29% from 12 months ago). The median home price countywide in June was…
Dallas Housing Trends So much has gone in Texas in the last year, yet as the pandemic misery recedes, we’re in for more change in 2021 and 2022. Texas overall is perhaps the hottest housing market in the US, is looking very good despite what Biden is doing with oil and at the border. With…
Denver Colorado Housing Market Denver’s residential real estate market outlook is very typical of any US housing market. Yet migration trends in the last 14 months are making Colorado cities some of the hottest real estate markets this spring. It’s good news for buyers in the Denver region, as active listings are growing. The latest…
Bay Area Housing Market Sales and home prices recovered nicely in March in the Bay Area. San Francisco, San Jose, Oakland enjoyed a positive upburst. It looks like the recovery is beginning. House prices in the Bay Area rose 6.4% ($53,5000) and sales jumped 51% versus February. And year over year, house prices are up…
Atlanta Housing Market Report Atlanta was ranked 18th of the nation’s major housing markets for price growth in February, but in March home prices jumped almost 16% year over year, showing Atlanta’s real estate scene is coming alive. Atlanta Realtors Association reports a solid month for residential home sales via the MLS. Remax has slightly…
New York Real Estate Market January’s sales and price numbers for the state of New York were impressive given what NYC has been through the last 12 months. Tens of thousands of New Yorkers have exited the state citing high taxes and high prices and limited quality housing supply as too much to bear. They’ve…
Illinois and Greater Metro Chicago Real Estate The months of January and February revealed the Illinois housing market and especially Metro Chicago housing market performed much better. 2020 was starting in a promising rising direction with upward projections for the next 3 months. Now with the Covid 19 work shutdown, is Metro Chicago and Illinois…
Houses for Sale in San Diego Amazing San Diego is ready to welcome you. Get started finding homes for sale anywhere in San Diego including the North County. The number of listings is rising slowly, and the SD real estate forecast is still good, but you must remember that detached houses are at a premium…
Realtors Optimistic About Post Corona Virus Period A new report from the National Association of Realtors suggests most Realtors believe the housing market forecast is for higher prices and fewer listings. It’s great to see these sentiment reports, yet we may need to read between the lines as there is no regional data. The latest…