Mar 12, 2015 | Milne Sherwood Report
Lower borrowing costs will largely mitigate price growth this year, which means affordability will remain in check. The strongest rates of price growth will be experienced for low-rise home types, including singles, semis and townhouses. However, robust end-user...
Feb 12, 2015 | Milne Sherwood Report
The strong price growth experienced in 2014 can once again be explained by the constrained supply of listings, particularly among low-rise housing types such as single detached homes, semi-detached and townhouses. Having said this, all the major housing segments...
Jan 12, 2015 | Milne Sherwood Report
Once again, price growth was strongest in the low rise segments of the market although all four major market segments recorded attractive price increases versus November 2013: detached homes (+10.2%), semi-detached homes (+6.1%), townhouses (+8.1%) and condo...
Nov 12, 2014 | Milne Sherwood Report
Price growth is expected to remain strong in the months ahead, given the multitude of willing buyers and the short supply of listings in the marketplace. Another indication of market strength can be found in the average days required to sell a property: 25 days in...
Oct 12, 2014 | Milne Sherwood Report
The fact that sales were up in August for all major home types suggests that both first-time buyers and existing home owners remain very active in today’s marketplace. The major factors supporting demand continue to be exceptionally low interest rates, increased...
Sep 12, 2014 | Milne Sherwood Report
The Board (TorontoMLS ®) predicts that the pace of price growth that we have experienced over the past year will continue until growth in listings outpaces growth in sales for a sustained period of time. Year- to-date price growth (January thru July) stands at an...
Jun 12, 2013 | Milne Sherwood Report
After experiencing double-digit volume declines in February and March, the month of April witnessed a modest 2% decline in sales in the GTA resale home market (9,811 transactions vs. 10,021 in April 2012). The strengthening volume trend indicates that some households...