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Market Updates | An Educated Approach to Real Estate™ Blog

Tuesday, June 11, 2019   /   by Sally Niu

Your Cottage Might Yield Better ROI than Your Home and Here is Why

Planning a cottage getaway this summer? Check out the fresh statistics of Canada’s recreational property market.






On June 6th, Royal LePage released its study on the recreational properties in Canada. The study reported a healthy overall price increase of 5% at a national level. The aggregated sale volume, on the other hand, suffered an 8.3% drop.
Across the country, baby boomers are competing with young families for limited inventory, driving up the price of recreational properties. Young families are the traditional driving force on the recreational property market. For many families, the cottage is a repository of fond family memories as kids grow up. Who can blame the retirees for seeking cottages, cabins, and chalet-style retirement properties in the countryside? It just so happens to be that over 31% of Canada’s population falls into the 50+ cohort.
READ: Top 3 Renovations To Boost Your Property’s Value

According to RLP, most provinces expe ...

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Thursday, June 6, 2019   /   by Sally Niu

GTA Real Estate Market At A Glance - May 2019

The Toronto Real Estate Board released the May and the second quarter of 2019 GTA real estate transaction data in their latest reports.


Interpreted intelligently, these statistics could provide invaluable insights to home buyers, sellers, tenants, and landlords alike. From determining your buying or selling strategies, adjusting timelines, to setting up realistic expectations, and predicting investment outcomes, these insights can guide consumers to act from an educated position.


Drawing on more than 50 years of expertise in real estate, Boiron Group summarized the three TREB reports into a bite-sized digest so you can be better informed of today’s market in no time.


In the recently released Market Watch report, TREB reported 9,989 transactions through the MLS system in May 2019. This represented a substantial increase of 18.9% compared to the 15-year low in May 2018. This figure, however, was still below May’s average sales for the past 10 years, which ...

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Tuesday, May 14, 2019   /   by Sally Niu

GTA Real Estate Market At A Glance - April & Q1, 2019

The Toronto Real Estate Board released the April and the first quarter of 2019 GTA real estate transaction data in their latest reports.
Interpreted intelligently, these statistics could provide invaluable insights to home buyers, sellers, tenants, and landlords alike. From determining your buying or selling strategies, adjusting timelines, to setting up realistic expectations, and predicting investment outcomes, these insights can guide consumers to act from an educated position.

Drawing on more than 50 years of expertise in real estate, Boiron Group summarized the three TREB reports into a bite-sized digest so you can be better informed of today’s market in no time.

Condominiums, followed by semi-detached and townhouses, continued to drive price growth. Detached house prices dipped again, especially in the suburbs.

According to TREB’s April Market Watch report, the average selling price in the GTA increased by 1.9% year-over-year to $820,148. This represented th ...

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  market updates