May 12, 2015 | Milne Sherwood Report
These solid overall volume gains clearly demonstrate continued affordability of home ownership, with lower interest rates going a long way to mitigate the effect of rising home prices. In addition, there is ample evidence of pent-up demand particularly as it relates...
Apr 12, 2015 | Milne Sherwood Report
The average selling price for a resale home in the GTA in February was $596,163 – up by a substantial 7.8% versus the $552,859 average price posted in February 2014. To put this price growth in some perspective, the most recent infl ation growth fi gure from...
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...
