Home Trends from Ed Wang & Chris Wannamaker

July 2023

Connect Realty, Brokerage

Edward Wang

Christopher Wannamaker

Direct: 416.807.1977 edward@wgrouprealestate.ca

Direct: 647.285.6964 christopher@wgrouprealestate.ca

Office: 416.588.8248 | www.wgrouprealestate.ca

THE W GROUP REAL ESTATE

Royal LePage Connect Realty

DECORATING LITTLE WALLS

Whether it is a space at the end of a hallway, between two doors or an awkward area where nothing really fits, furniture wise, little wall spaces can pose an interesting decorating challenge. There are numerous creative ways to transform little wall spaces. Will you leave it empty or will you try to spice it up with art, decorations or something else? Aside from the typical wall decoration options of art, photos, patterned wall paper or paint, shelves are a popular option to not only add extra storage space, but to also display beloved collections, décor pieces or simply add a dimensional aspect to the area. If shelves aren’t your thing, perhaps a tall plant that sits on the floor or a small plant stand will help make a small wall

area feel more decorated. Try an indoor tree or a fern to brighten up the area. Smaller plants can also be arranged on shelves or a tiered plant stand or ladder. Hanging a long mirror, or a series of smaller mirrors, on a narrow wall can make the area appear larger. If the mirror is framed, paint the frame a bright colour to draw attention to it or keep it a neutral colour to simply reflect into the room. Finally, if you’re feeling like a small do-it yourself project, put up wall panelling. The wooden slats can be arranged horizontally, vertically or in a geometric pattern. They can be painted or stained to blend into the decorations or add a bold accent wall feel to the space.

Office: 416.588.8248 | www.wgrouprealestate.ca

THE W GROUP REAL ESTATE

Royal LePage Connect Realty

WINDOW TINTING FOR FUNCTION AND STYLE

With the sun beating into your home through the windows, your interior temperature is sure to rise. Many homeowners are turning to window film to help block out the heat. There are various styles that serve different functions and adhere in a few different ways. They are also a great solution to windows that are an awkward shape to cover with traditional window treatments or that are high and out of reach. When temperature control is your main goal, choose reflective films and use them on east and west facing windows as they tend to be the most effective in blocking out the sun’s summer rays. The film will also block out the sun’s rays in the winter, so be considerate of that, but that also means the film will help prevent the cool air from seeping in through the glass. Some styles of film claim to be as effective as adding an additional window pane.

Another function of window film is style. Again, in awkward shaped windows or those hard-to-reach windows where hanging curtains or installing blinds isn’t practical, applying a decorative window film can add a design component and create a unique conversation piece. From simple patterns to intricate stained glass designs, there are numerous design options on the market. These window films also provide a sense of privacy as they are not see through. Installing window film can be a DIY project or left to the professionals depending on your window size, accessibility and budget. Some films adhere with adhesive and some simply use static. If your windows are under warranty, confirm with your supplier that adding a film won’t void the warranty.

Office: 416.588.8248 | www.wgrouprealestate.ca

THE W GROUP REAL ESTATE

Royal LePage Connect Realty

HARDSCAPING AND SOFTSCAPING

Creating the ultimate outdoor living space includes both softscaping and hardscaping. The terms refer to the materials used in your landscape. Hardscaping refers to non living component such as stonework, fences, structures, fire pits, pools, etc. whereas softscaping encompasses any living element included in your yard from plants, trees, flowers to topsoil, etc. Creating a balance of both will help create an aesthetically pleasing space as well as provide a sustainability factor. For instance, a stone pathway can help water flow away from a house to a garden providing function while looking more attractive than a regular downspout. Combining hardscape and softscape elements is quite common such as building a pergola that supports a vine and provides shade and vegetation to the yard.

Using plants and shrubs along a sidewalk or patio or deck is another way landscape design incorporates both elements. You’ll probably notice the mix in many of the yards or natural areas you look at. In most landscaping plans, the hardscaping elements are built or installed first and then softscaping pieces are added to finish off the area. Hardscaping elements are also wonderful for those with balconies or very small yards as you can still create an outdoor space that is unique and tranquil with only a little vegetation – think spectacular planter boxes, stone statues and the like. If you’re planning a yard makeover this summer, take into consideration the various elements and how you can use organic and inorganic items in your design.

Office: 416.588.8248 | www.wgrouprealestate.ca

THE W GROUP REAL ESTATE

Royal LePage Connect Realty

SUMMER ROAD TRIP IDEAS

Whether you have an ultimate destination in mind or simply view the journey as the joy of the trip, there’s nothing quite like hitting the open road for a summer road trip. Thankfully Canada is full of beautiful scenery and even a few hours on the road can take you away from the sights you’re used to. Here are a few road trip ideas if you’re looking to venture out this summer. In B.C, head out from Prince George in the center of the province to Prince Rupert on the west coast. The eight-hour drive will showcase beautiful forests and plenty of wildlife. The Cowboy Trail in Alberta will take you from just northwest of Edmonton to the southern provincial border. There are beautiful mountain views and plenty of small towns to stop and experience along the way. Explore the southwest part of Manitoba on a trip through Whiteshell Provincial Park from

Falcon Lake to Pinawa Dam Provincial Park. Take in the boreal forest, numerous lakes and waterfalls and a plethora of hiking trails. With over 16,000 kilometres of paved roads in Ontario, there is sure to be one that entices you to the open road, but for something unique try the Oxford County Cheese Trail and try to drive by all 98 cheese factories in the area near London. The ultimate road trip would be a tour of the maritime provinces from Halifax through to New Brunswick, to PEI and then back to Nova Scotia for a suggested 10-day journey. Take in all the sights of the provinces including the famous Cabot Trail in Nova Scotia. Regardless of where you live and where you want to vacation, hitting the open road this summer is a sure way to create some everlasting memories.

Office: 416.588.8248 | www.wgrouprealestate.ca

AVG. SALE PRICE Detached $500,635 AVG. SALE PRICE Single Family Dwelling $1,530,997 $500,496 BENCHMARK PRICE Detached $901,900 AVG. SALE PRICE Freehold $746, 445 BENCHMARK PRICE Single Family Dwelling $1,526,200 BENCHMARK PRICE Single Family Dwelling $685,100 AVG. SALE PRICE Residential $456,000 AVG. SALE PRICE Detached $500,496 ACTIVE LISTINGS 555 BENCHMARK PRICE Detached $1,991,300 BENCHMARK PRICE Residential $575,500 AVG. SALE PRICE Detached $407,982 $418,158 50.5% SALES TO NEW LISTING RATIO BENCHMARK PRICE All Residential $626,200 Detached $1,284,200 • • AVG. SALE PRICE Single Family Dwelling $445,932 AVG. SALE PRICE Apt. Condo $192,560 AVG. SALE PRICE Condo/Townhouse $851,497 $194,910 BENCHMARK PRICE Townhouse $607,700 BENCHMARK PRICE Townhouse $845,400 BENCHMARK PRICE Rowhouse $400,000 NEW LISTINGS 453 AVG. SALE PRICE Detached $191,914 BENCHMARK PRICE Apartment $767,000 NEW LISTINGS 875 ANNUAL TURKEY DRAW CLARA MITCHELL ENNS RESIDENTIAL MLS® SALES FOR MAY SHOW SIGNS OF PROGRESS WINNIPEG, June 7, 2023 – MLS® sales in May grew again over the previous month and made gains on the 5-year average. Meanwhile, active listings grew over last month, substantially over last year and inched up slightly over the 5-year average. “While MLS® sales were still below the record May results of 2021 and 2022, residential resale performance for May 2023 showed signs of progress,” said Rena Prefontaine, 2023-2024 President of the Winnipeg Regional Real Estate Board. “This is the first month of 2023 that MLS® sales have risen to a single digit percentage range below the 5-year average. MLS® sales performed at a respectable level.” MLS® sales in May were 14% higher than April. Of the 1,066 residential detached MLS® sales across our market region, 699 were in Winnipeg while the remaining 367 occurred in the rural areas outside Winnipeg. Of the 2,042 residential detached active MLS® listings, 987 were in Winnipeg while 1,055 were in the rural areas outside Winnipeg. Of the 223 total MLS® condominium sales across our market region in May, 180 were in Winnipeg and the remaining 43 occurred in the rural area outside Winnipeg. Of the 525 active listings for condominiums, 390 were in Winnipeg and 135 were in the rural area outside Winnipeg. Of the 112 total MLS® residential attached home sales across our market region in May, 79 were in Winnipeg and the remaining 33 occurred in the rural area outside Winnipeg. Of the 266 active listings for residential attached homes, 163 were in Winnipeg and 103 were in the rural area outside Winnipeg. AVG. SALE PRICE Condo $266,845 ACTIVE LISTINGS Detached 2,042 SOLD LISTINGS Detached 1,066 Pat Lanuke DEBI KULESKI | CENTURY 21 Leading PETER@KUBICZEKTEAM.COM Teresa Koziel | Homes & Gardens Real Estate Ltd. Indy Khosah KATIE KNEBEL FIRST HALF MLS® SALES PACE CLOSE TO THOSE FROM 2019 AND 2020 WINNIPEG, July 12, 2023 – MLS® sales in June rose slightly from last month while falling short of last June and the 5-year average. Active listings rose from last month and last June while coming to within 1 percentage point below the 5-year average. “June MLS® sales grew to 8% below the 5-year average while beating out 2019, the last year before the pandemic began, by 6%,” said Rena Prefontaine, 2023-2024 President of the Winnipeg Regional Real Estate Board. “Total MLS® sales for the first half of 2023 were below the record years of 2021 and 2022 but were only 5% and 4% below the first halves of 2019 and 2020, respectively. Meanwhile, condominium sales for June were the highest on record, beating out the previous record set in June of 2021 by 8%.” A total of 1,133 residential detached MLS® sales, 774 were in Winnipeg while 359 in the rural areas outside Winnipeg. A total of 2,174 residential detached active MLS® listings, 984 were in Winnipeg, 1,190 were in the rural areas outside Winnipeg. A total of 251 total MLS® condominium sales across the Winnipeg Regional Real Estate Board’s market region in June, 210 were in Winnipeg and 41 were in the rural area outside Winnipeg. Of the 468 active listings for condominiums, 348 were in Winnipeg and 120 were in the rural areas outside Winnipeg. Of the 110 total MLS® residential attached home sales in June, 81 were in Winnipeg and 29 were in the rural areas outside Winnipeg. Of the 279 active listings for residential attached homes, 165 were in Winnipeg and 114 were in the rural areas outside Winnipeg. $258,170 2,174 1,133 SUZANNE KEEN ALYSSA KASKO lindasellsyyc@gmail.com CYNTHIA HARRIS CENTURY 21 All Stars Realty Ltd. Monica Direct: 613.864.7975 Chris Direct: 613.797.3977 GAIL GAUDRY | NOW REAL ESTATE GROUP DMITRY FURMAN TORONTO MAY MARKET STATS FLIP THE PAGE FOR VAUGHAN MARKET STATS 1,785,128 detached 5,789 NEW LISTINGS SOLD LISTINGS 2,833 5,521 ACTIVE LISTINGS $892,843 townhouse GTA REALTORS® July 2023 – Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average selling price and the MLS® Home Price Index (HPI) Composite benchmark were up month-over-month. “The demand for ownership housing is stronger than last year, despite higher borrowing costs. With this said, home sales were hampered last month by uncertainty surrounding the Bank of Canada’s outlook on inflation and interest rates. Furthermore, a persistent lack of inventory likely sidelined some willing buyers because they couldn’t find a home meeting their needs. Simply put, you can’t buy what is not available,” said Toronto Regional Real Estate Board (TRREB) President Paul Baron. GTA REALTORS® reported 7,481 sales through TRREB’s MLS® System in June 2023 – up 16.5 per cent year-over-year. The number of listings was down by three per cent over the same period. The year-over-year increase in sales coupled with the decrease in new listings mean market conditions were tighter this past June relative to the same period last year. On a month-over-month basis the seasonally adjusted average price and MLS® HPI Composite benchmark were up. “A resilient economy, tight labour market and record population growth kept home sales well above last year’s lows. Looking forward, the Bank of Canada’s interest rate decision this month and its guidance on inflation and borrowing costs for the remainder of 2023 will help us understand how much sales and price will recover beyond current levels,” said TRREB Chief Market Analyst Jason Mercer. Source: Toronto Regional Real Estate Board | Market values stated are of the average of Toronto and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. $770,423 apartment AVERAGE SALE PRICES AUSTINFLEMING REAL ESTATE (Mountain View) Housing Market Remains Stable NEW LISTINGS 1,414 London July 2023 – The local housing market continued its steady streak in June, with 745 homes exchanging hands via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR). Housing supply increased from 1.7 months of inventory in May to 2.2 months of inventory in June, showing signs of market stabilization. “The sales activity in June is consistent with the activity from the last several months,” said 2023 LSTAR President Adam Miller. “This happened despite another interest rate hike last month. Halfway through the year, the sales demonstrate the strong demand for home across the region, which is very encouraging.” The overall sales-to-new listing ratio for LSTAR was 52.7% in June, slightly down from 60.6% in May. The June average home price was $675,923, slightly down from $682,561 in May. The composite MLS® Home Price Index (HPI) Benchmark Price was $626,200, up from $619,800 in May. The HPI benchmark price reflects the value of a “typical home” as assigned by buyers in a certain area based on various housing attributes, while the average sales price is calculated by adding all the sale prices for homes sold and dividing that total by the number of homes sold. The HPI benchmark price is helpful to gauge trends over time since averages may fluctuate by changes in the mix of sales activity from one month to the next. Source: London St. Thomas Association of REALTORS®| Market values stated are of the benchmark of London St. Thomas and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. ACTIVE LISTINGS 1,66 SOLD LISTINGS 745 THE DWYER TEAM ADAM DINUNZIO Royal LePage Your Community Realty KELLY DANN Cronin Real Estate Group Lorne & Byron Clark · Now Real Estate Group Townhouse $785,000 NEW 390 SOLD LISTINGS 231 Maple Ridge Stats Report for June 2023 TINA CIPLLAKA Home prices continue to rise in Metro Vancouver’s housing market to kick off the summer VANCOUVER – July 5, 2023 – The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,988 in June 2023, a 21.1 per cent increase from June 2022. The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 9,990, a 7.9 per cent decrease year-over-year. Across all detached, attached and apartment property types, the sales-to-active listings ratio for June 2023 is 31.4 per cent The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,203,000, a 2.4 per cent decrease year-over-year and a 1.3 per cent increase month-over-month. Sales of apartment homes reached 1,573 in June 2023, an 18.6 per cent increase compared to the 1,326 sales in June 2022. The benchmark price of an apartment home is $767,000, a 0.5 per cent increase from June 2022 and a 0.8 per cent increase compared to May 2023. Attached home sales in June 2023 totalled 547, a 17.6 per cent increase compared to the 465 sales in June 2022. The benchmark price of an attached home is $1,098,900. This represents a one per cent decrease from June 2022 and a 1.5 per cent increase compared to May 2023. Source: The Real Estate Board of Greater Vancouver | Market values stated are of the benchmark of Vancouver and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. John Braconnier Sylvain Bourgon Sophie Beamish Cell: 778-536-7653 Or Call With Your Real Estate Market Questions Source: AREA | Market values stated are of the average of Lethbridge and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. Or call with your real estate market questions. CLICK FOR FULL REPORT Lou Benis • Real Estate Lethbridge ACTIVE LISTINGS • SFD: 328 • Apartment: 52 • Total Residential: 459 AVERAGE SALE PRICE • Detached: $396,395 UP 1.8% YOY Apartment: $193,946 UP 20.8% YOY Total: $346,535 DOWN 0.3% YOY NEW LISTINGS • SFD: 175 • Apartment: 26 • Total Residential: 249 SOLD LISTINGS • SFD: 141 • Apartment: 24 • Total Residential: 200 SALES TO LISTINGS RATIO: 80% MONTHS OF INVENTORY TOTAL: 2.30 LETHBRIDGE STATS REPORT FOR JUNE 2023 I’ll get you moving! 403.393.4992 Direct: 647.878.4684 • amir@rltramir.com • www.rltramir.com NICK BAER E: nickbaer@royallepage.ca Y our H ome S old G uaranteed or I’ ll B uy it ! Direct: 613-255-4442 780.966.2360 | john@professionalgroup.ca | johnleebraconnier.com AVG. SALE PRICE Condo $224,566 ACTIVE LISTINGS 4019 DAYS ON MARKET 57 All Residential Listings See Strong Start in January Edmonton, February 2, 2022 - Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for January 2022 increased 1.5% compared to December 2021 and increased 14.4% from January 2021. New residential listings decreased 8.9% year-over-year from January 2021. However, new residential listings are up month-over-month, increasing 55.7% from December 2021. Overall inventory in the GEA was down 14.8% from January of last year but increased 5.0% from December 2021. “The Edmonton real estate market in January saw a slight decrease in all residential listings from January 2021, our month-over-month activity increased substantially since December 2021,” says REALTORS® Association of Edmonton Chair Paul Gravelle.“While we have predicted to see sales decrease in 2022, we are expecting prices to increase marginally as move to a seller’s market.” Source: REALTORS® Association of Edmonton | Market values stated are of the average of Edmonton and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to date evaluation of your home. 780.489.2969 Maya Norton ACTIVE LISTINGS 6,923 ACTIVE LISTINGS 14,107 7,133 LISTINGS 888 ACTIVE LISTINGS 5,944 3,458 AVG. SALE PRICE Single Family Dwelling $1,602,425 ACTIVE LISTINGS 9,990 SALES TO NEW LISTINGS RATIO 51.5% DAYS ON MARKET 44 DAYS ON MARKET 14 41 SOLD LISTINGS 377 SOLD LISTINGS Condo 424 SOLD LISTINGS 1,935 SOLD LISTINGS 3,146 SOLD LISTINGS 301 DAYS ON MARKET 13 SOLD LISTINGS 2,988 SOLD LISTINGS 451 Edmonton Sees Moderate Growth As Spring Market Blooms GTA REALTORS® Release June Stats Residential Listings and Sales Cool as Hot Summer Begins Chilliwack and District Real Estate Board MLS® home sales remain below historical norms but still on the path to recovery June’s Resale Market Eases into Summer Low supply continues to impact home pricing in the Fraser Valley: Sales increasing despite rate hikes Another record-high month for Calgary Demand for MLS® listed homes in Sudbury on the rise month over month Edmonton Market Sees Year-Over-Year Growth in Detached Average EDMONTON SPRUCE GROVE STONY PLAIN GTA REALTORS® RELEASE MAY STATS OAKVILLE MISSISSAUGA Home prices continue to rise in Metro Vancouver’s housing market to kick off the summer LOCAL HOUSING MARKET’S CORRECTION CONTINUES MARGUERITE POULIN Real Estate Professionals Inc. Paterson & ASSOCIATES Real Estate Professionals Inc. Lise Paradis Noel B ev O'S hea -T homas Homes & Gardens Real Estate Ltd. MARK FAHEEM RE/MAX Real Estate (Central) Edmonton, May 2, 2023 - Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for April 2023 hit 2,028, decreasing 30.8% compared to April 2022 but increasing 11.1% from March 2023. New residential listings were down 26% year-over-year from April 2022, while also noting an increase of 6% from March 2023. Overall inventory in the GEA was up 7.4% from April of last year, and up 9.3% from the previous month. Total residential average prices hit $408,631, a 6% decrease from April 2022, and an increase of 4.8% from March 2023. Detached homes averaged $500,635, a 4.6% year-over-year decrease and a 3.1% increase from March 2023. Semi-detached sold for an average of $378,797, resulting in a small 3.4% decrease year over-year, but saw an increase of 3.7% from the previous month. Row/townhouse prices were down 3.7% from April 2022, but increased 5.5% month-over-month, selling at $261,390. Apartment Condominium average prices hit $192,560, showing decreases of 0.1% from last month and 5.8% from April 2022. “The trend continues with year-over-year dips in average prices, sales and listings across most categories, while still seeing nominal increases in our month-over-month statistics,” says REALTORS® Association of Edmonton 2023 Board Chair Melanie Boles. Overall, all residential listings averaged 44 days on the market. Source: REALTORS® Association of Edmonton | Market values stated are of the average of Edmonton and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to date evaluation of your home. GTA REALTORS® July 2023 – Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average selling price and the MLS® Home Price Index (HPI) Composite benchmark were up month-over-month. “The demand for ownership housing is stronger than last year, despite higher borrowing costs. With this said, home sales were hampered last month by uncertainty surrounding the Bank of Canada’s outlook on inflation and interest rates. Furthermore, a persistent lack of inventory likely sidelined some willing buyers because they couldn’t find a home meeting their needs. Simply put, you can’t buy what is not available,” said Toronto Regional Real Estate Board (TRREB) President Paul Baron. GTA REALTORS® reported 7,481 sales through TRREB’s MLS® System in June 2023 – up 16.5 per cent year over-year. The number of listings was down by three per cent over the same period. The year-over-year increase in sales coupled with the decrease in new listings mean market conditions were tighter this past June relative to the same period last year. On a month-over-month basis the seasonally adjusted average price and MLS® HPI Composite benchmark were up. “A resilient economy, tight labour market and record population growth kept home sales well above last year’s lows. Looking forward, the Bank of Canada’s interest rate decision this month and its guidance on inflation and borrowing costs for the remainder of 2023 will help us understand how much sales and price will recover beyond current levels,” said TRREB Chief Market Analyst Jason Mercer. Source: Toronto Regional Real Estate Board | Market values stated are of the average of Toronto and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. Edmonton, July 4, 2023: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for June 2023 hit 2,596, decreasing both 2.1% year-over-year and 4.6% month-over-month. New residential listings were down 14.8% year-over-year with a drop of 3.9% month-over-month. Total residential average prices hit $412,334, a 3.1% decrease from June 2022, and a drop of 2.3% from May 2023. Detached homes averaged $500,496, noting a 1.8% year-over-year drop and 2.7% decrease from May 2023. Row/townhouse prices were up both 0.7% from June 2022 and 1.7% month-over-month, selling at $257,812. Apartment Condominium average prices hit $194,910, showing an increase of 0.9% from last month and a drop of 4.9% from June 2022. “While we’ve noted that market activity has cooled heading into the summer months, we’ve seen slight improvements in average prices across several categories,” says REALTORS® Association of Edmonton 2023 Board Chair Melanie Boles. “Although detached homes saw a decrease of 2.7% from May 2023, semi-detached homes, row/townhouses and apartment condominiums all saw slight improvements in their average prices from the previous month.” Overall, all residential listings averaged 41 days on the market. Source: REALTORS® Association of Edmonton | Market values stated are of the average of Edmonton and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. Chilliwack, July 2023 – The number of homes sold through the MLS® System of the Chilliwack and District Real Estate Board totaled 244 units in June 2023. This was an advance of 32.6% from June 2022. “Sales activity came in well below what we would consider typical levels for this time of year in June. However, looking past the seasonality on a monthly basis we are seeing a definitive upward movement that’s been going strong since the end of last year,” said Brad Latham, President of the Chilliwack and District Real Estate Board. “New listings have popped up over the last two months from their slump earlier in the year, which should serve to continue fuelling the recovery in sales. Our inventory levels are down rather sharply over the past few months due to the sudden surge in demand, although this has been tempered in May and June by the return of sellers to the market.” The benchmark price for single-family homes was $901,900, a decrease of 6.9% on a year-over-year basis in June. By comparison, the benchmark price for townhouse/row units was $607,700, a moderate decrease of 9.3% compared to a year earlier, while the benchmark apartment price was $415,400, falling by 9.1% from year-ago levels. The number of new listings saw a sharp decrease of 22.6% from June 2022. There were 490 new residential listings in June 2023. Active residential listings numbered 984 units on the market at the end of June, down sharply by 22.6% from the end of June 2022. Months of inventory numbered 4 at the end of June 2023. Source: Chilliwack and District Real Estate Board (CADREB) Market values stated are of the benchmark of Chilliwack and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date OTTAWA, July 5, 2023 - Members of the Ottawa Real Estate Board (OREB) sold 1,658 residential properties in June through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,493 in June 2022, an increase of 11%. June’s sales included 1,234 in the freehold-property class, up 10% from a year ago, and 424 in the condominium property category, a 16% increase from June 2022. “Although June’s transactions surpassed last year’s, the number of sales, average prices, and new listings declined on a week-to-week basis over the course of the month. Compounded by the typical summer decline in activity, the Bank of Canada’s interest rate adjustment at the beginning of the month may have also flattened the curve,” says Ottawa Real Estate Board President Ken Dekker. The average sale price for a freehold-class property in June was $746,445 and a condominium class property was $448,380. June’s new listings were 14% lower year-over-year and down 2% month-over-month. Days on market for freeholds stayed on par with last month at 23 days and increased to 27 days for condos compared to last month. Source: Ottawa Real Estate Board | Market values stated are of the average of Ottawa and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. SURREY, BC, July 2023 – The Fraser Valley Real Estate Board (FVREB) processed 1,935 sales on its Multiple Listing Service® (MLS®), an increase of 51.1 per cent year over-year and a 13.1 per cent increase month-over-month) “As seen in recent months, prices continue to trend upward, with lack of supply and high demand for housing,“ said Narinder Bains, Chair of the Fraser Valley Real Estate Board. “What we’re seeing is sales increasing, with buyers entering the market despite current financial implications of anticipated rate hikes.” The Board received 3,424 new listings in June, an increase of 2.8 per cent compared to last year, and a decrease of 3.1 per cent compared to May 2023. The month ended with a total active inventory of 5,944, a 6.9 per cent increase compared to May, and 8.2 per cent less than June of last year. Across Fraser Valley in June, the average number of days to sell a single-family detached home was 21 and a townhome was 16 days. Apartments took, on average, 22 days to sell. Source: Fraser Valley Real Estate Board | Market values stated are of the benchmark of Fraser Valley and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. Calgary, July 4, 2023 - The housing market in Calgary witnessed a surge in apartment condominium sales, setting a new total residential record with 3,146 sales achieved in June. Year-to-date sales are currently 23 percent lower, they remain significantly higher than pre-pandemic levels. Notably, there has been a positive trend in new listings, providing relief and a monthly increase in inventory levels. However, despite these improvements, the inventory for June stood at 3,458 units, marking a decline of over 36 percent from last year and reaching the lowest levels for June in nearly two decades. “The demand for housing remains robust, bolstered by a healthy labour market and increased migration levels, which helps offset the impact of higher lending rates,” said CREB® Chief Economist Ann-Marie Lurie. “Although we have seen some recent improvements in new listings, particularly for apartment condominiums, it is not enough to cause any substantial change from the low inventory situation in our city. While new home starts are on the rise, it will take time to observe their impact on supply.” With a supply of just over one month, the current market conditions continue to favour sellers, placing upward pressure on home prices. In June, the total residential benchmark price reached $564,700. Source: Calgary Real Estate Board | Market values stated are of the benchmark of Calgary and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. ACTIVE LISTINGS 577 July 2023 - The number of homes sold through the MLS® System of the Sudbury Real Estate Board totaled 301 units in June 2023. This was a decrease of 6.2% from June 2022. The overall MLS® HPI composite/single-family benchmark price was $456,000 in June 2023, essentially unchanged, down just 0.6% compared to June 2022. The number of new listings fell 18.4% from June 2022. There were 453 new residential listings in June 2023. This was the lowest number of new listings added in the month of June in more than a decade. Active residential listings numbered 577 units on the market at the end of June, a decline of 12.7% from the end of June 2022. Months of inventory numbered 1.9 at the end of June 2023, down from the 2.1 months recorded at the end of June 2022 and below the long-run average of 4.2 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity. Source: Sudbury Real Estate Board. Market values stated are of the average of Sudbury. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. Edmonton, July 4, 2023: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for June 2023 hit 2,596, decreasing both 2.1% year-over-year and 4.6% month-over-month. New residential listings were down 14.8% year-over-year with a drop of 3.9% month-over-month. Total residential average prices hit $412,334, a 3.1% decrease from June 2022, and a drop of 2.3% from May 2023. Detached homes averaged $500,496, noting a 1.8% year-over-year drop and 2.7% decrease from May 2023. Row/townhouse prices were up both 0.7% from June 2022 and 1.7% month-over-month, selling at $257,812. Apartment Condominium average prices hit $194,910, showing an increase of 0.9% from last month and a drop of 4.9% from June 2022. “While we’ve noted that market activity has cooled heading into the summer months, we’ve seen slight improvements in average prices across several categories,” says REALTORS® Association of Edmonton 2023 Board Chair Melanie Boles. “Although detached homes saw a decrease of 2.7% from May 2023, semi-detached homes, row/townhouses and apartment condominiums all saw slight improvements in their average prices from the previous month.” Overall, all residential listings averaged 41 days on the market. Source: REALTORS® Association of Edmonton | Market values stated are of the average of Edmonton and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. AVG. SALE PRICE Apt. Condo $194,910 NUMBER OF SALES 64 NUMBER OF SALES 39 DAYS ON MARKET 15 ACTIVE LISTINGS 1,225 GTA REALTORS® July 2023 – Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average selling price and the MLS® Home Price Index (HPI) Composite benchmark were up month-over month. “The demand for ownership housing is stronger than last year, despite higher borrowing costs. With this said, home sales were hampered last month by uncertainty surrounding the Bank of Canada’s outlook on inflation and interest rates. Furthermore, a persistent lack of inventory likely sidelined some willing buyers because they couldn’t find a home meeting their needs. Simply put, you can’t buy what is not available,” said Toronto Regional Real Estate Board (TRREB) President Paul Baron. GTA REALTORS® reported 7,481 sales through TRREB’s MLS® System in June 2023 – up 16.5 per cent year-over-year. The number of listings was down by three per cent over the same period. The year-over-year increase in sales coupled with the decrease in new listings mean market conditions were tighter this past June relative to the same period last year. On a month-over-month basis the seasonally adjusted average price and MLS® HPI Composite benchmark were up. “A resilient economy, tight labour market and record population growth kept home sales well above last year’s lows. Looking forward, the Bank of Canada’s interest rate decision this month and its guidance on inflation and borrowing costs for the remainder of 2023 will help us understand how much sales and price will recover beyond current levels,” said TRREB Chief Market Analyst Jason Mercer. Source: Toronto Regional Real Estate Board | Market values stated are of the average of Toronto and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. CLICK FOR FULL REPORT CLICK FOR FULL REPORT VANCOUVER – July 5, 2023 – The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,988 in June 2023, a 21.1 per cent increase from June 2022. The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 9,990, a 7.9 per cent decrease year-over-year. Across all detached, attached and apartment property types, the sales-to active listings ratio for June 2023 is 31.4 per cent The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,203,000, a 2.4 per cent decrease year-over-year and a 1.3 per cent increase month-over-month. Sales of apartment homes reached 1,573 in June 2023, an 18.6 per cent increase compared to the 1,326 sales in June 2022. The benchmark price of an apartment home is $767,000, a 0.5 per cent increase from June 2022 and a 0.8 per cent increase compared to May 2023. Attached home sales in June 2023 totalled 547, a 17.6 per cent increase compared to the 465 sales in June 2022. The benchmark price of an attached home is $1,098,900. This represents a one per cent decrease from June 2022 and a 1.5 per cent increase compared to May 2023. Source: The Real Estate Board of Greater Vancouver | Market values stated are of the benchmark of Vancouver and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. London, ON, December 2022 - 451 residential properties exchanged hands last month through the Multiple Listing Service® (MLS®) System of the London and St. Thomas Association of REALTORS® (LSTAR), 44% less than in November 2021. LSTAR Members’ home sales included 336 single family homes, 64 condo townhouses, and 36 apartments – all significantly down from a year ago. While residential transactions were at their lowest point in the last decade, the number of new listings climbed to 875 in November, a new record high for the eleventh month of the year. This increased the level of the local housing inventory, which sits now at 3.3 months. Compared to a year ago, the average home price decreased, but remained higher than the figures seen in 2020 and before. LSTAR’s overall average home price was $615,247 in November, 7.8% less than a year ago, but 13.8% higher than in November 2020. On the other hand, the composite MLS® Home Price Index (HPI) Benchmark Price was $575,500 last month, 10% down from last year, and also 9.8% lower than in November 2020. “When compared to other values recorded provincially and nationally, homes in our area continue to remain relatively affordable,” Pawlowski said. Source: The London and St. Thomas Association of REALTORS® | Market values stated are of the average of London and St.Thomas. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. Winners of the 2022 Turkey Draw were: June R, Rob S, Dale P, Darlene R, John M Source: The Winnipeg Regional Real Estate Board | Market values stated are of the average of Winnipeg and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. AVG. SALE PRICE Condo $448,380 SOLD LISTINGS Freehold 1,658 Mauro Zuliani, Broker CHERYL WATT Ernie Ward MICHAEL TANLIMCO & JANET TANLIMCO HARVIR SANDHU | exp REALTY Or Call With Your Real Estate Market Questions 705.561.2724 • mauro@sudburyliving.com • www.sudburyliving.com Or Call With Your Real Estate Market Questions CLICK FOR FULL REPORT www.CherylWatt.ca | 780-474-4333 Call or Text 416.460.3592 to find out about my FREE market evaluation Or Call With Your Real Estate Market Questions CLICK FOR FULL REPORT Office: 416.588.8248 | www.wgrouprealestate.ca Or Call With Your Real Estate Market Questions OUTSTANDING AGENTS. OUTSTANDING RESULTS 604.571.0909 | www.michaeltanlimco.com 604-551-0909 • carolines@telus.net • www.carolinesproperties.ca 604-655-2065 | www.rajsangha.ca www.HarvirSandhu.com Cell: 778.829.3570 CELL: 519-614-0015 Direct: 416.455.1546 Or Call With Your Real Estate Market Questions www.teamramahi.com | 780-406-4000 | info@teamramahi.com 780.690.0530 m.poulin@shaw.ca • www.MargueritePoulin.com • 403 | 815 | 9513 www.homegirls.ca www.PatersonAndAssociates.ca Paul 403.815.2891 Terry 403.510.9120 WWW.LISEPARADISNOEL.COM Cell: 780-445-8267 Or Call With Your Real Estate Market Questions Call or text: 204.9994692 403.510.7041 780.405.6057 WWW.KUBICZEKTEAM.COM 780-908-1548 | 4tkoziel@gmail.com | www.TeresaKoziel.com Direct: 780.938.4639 Or Call With Your Real Estate Market Questions CLICK FOR FULL REPORT www.KatieKnebel.ca Cell: 204.392.3030 Buy Smart Sell Smart... in this Smart City MOBILE: (780) 690-8479 alyssa.kasko@century21.ca www.century21.ca/cynthia.harris Direct: 587.926.7196 MonicaAndChrisHollands.com www.SellsFineHomes.ca Cell: 780.446.2804 CELL: 289-807-0673 Outstanding Agents. Outstanding Results. Cell: 403.999.1590 www.MarkFaheem.com Cell: 403.990.2986 Office: 226-667-6400 Direct: 647.400.0767 KELLY@BLACKMOREREALESTATE.CA Cell: 647-282-8511 CroninRealEstateGroup.ca Lorne Clark 780.504.9941 · Byron Clark 780.884.1499 604.782.4420 604.655.9008 780.966.2360 | homes@johnbraconnier.net | johnleebraconnier.com Direct: 613-323-3241 | Office: 613-590-3036 | www.BuyAndSellOttawa.ca CLICK FOR FULL REPORT CLICK FOR FULL REPORT AVG. SALE PRICE All Residential $346,150 AVG. SALE PRICE Single Family Dwelling $2,140,659 AVG. SALE PRICE Condo/Townhouse $991,550 AVG. SALE PRICE Condo/Townhouse $855,074 THE W GROUP REAL ESTATE RAJ Sangha HUGH ROBINSON THE RAMAHI REAL ESTATE GROUP Juzer Presswala Royal LePage Connect Realty exp REALTY RE/MAX CROSSROADS REALTY INC. BROKERAGE ELITE Century 21 All Stars Realty

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