Welcome to a real summer in southwest Ontario! It’s been hot hot hot and we’ve got a few more days of it in sight.
Much like the weather, it’s been another wacky and unpredictable month in real estate. We have seen some pockets of crazy activity with loads of multiple offers. We have other homes and condos in neighbourhoods that are taking longer with quieter showing activity. For homes (excluding condos), we have seen average prices RISE in most areas, and modest increases in the number of new listings, compared to May 2020 and also year-over-year compared to June of last year. But the total number of listings for sale to date this year, is still 35-40% lower on average in the west GTA, than the total to date last year. So if you’re planning to sell your home, this may be an excellent time for you.
Click HERE for the latest data analysis of Oakville sales activity for June 2020.
If you want to know what is really happening in your area, then let me know and I will prepare an overview that is customized for you. By diving into data, I’ll make sure you have the most accurate and pertinent information, which often paints a different picture than click-baity headlines! From Brampton to Burlington, I’ve got you covered, making for a seamless experience as you Move Forward.
Some of the questions I hear the most right now are:
– Where are prices right now?
Generally, going up!
– How are people shopping for new homes?
By watching videos, taking virtual tours, and using safety precautions such as masks, hand sanitizer and no touching of doors etc.
– Are moving companies “safe” right now?
The good companies are taking all safety precautions as outlined by public health agencies.
– Should I refinance my mortgage with interest rates so low?
It may make sense for you – I can recommend fantastic mortgage brokers and bank lenders to review your personal situation.
I am always happy to talk and answer your questions! Even if you’re not planning a move in the near future, staying informed gives you an advantage when it is the right time for you.
You can use this easy link to choose a time to talk with me at your convenience and let’s get started:
And to help you cool down, here is a recipe that I threw together one day when craving something lime-y and creamy… I think it tastes a lot like key lime cheesecake. Try it out and tell me what you think.
I hope you and your loved ones stay cool, stay healthy, and safe.