Simon   Kim

Simon Kim

Sales Representative

Right at Home Realty, Brokerage*

Mobile:
416-526-5644
Email Me

Hire A Top Class Real Estate Agent Who Will Invest In Your Future

GTA부동산시장은 균형시장(GTA is a Balanced market)

Genworth Canada의 Regional Market Report에 의하면, GTA와 Barrie는 균형시장(Balanced Market)이지만 다른 지역은 아직도 매도자 시장(Seller’s Market)로 보고 있음 (첨부 Ontario Regional Risk Repor참조)

Attached find the Ontario Regional Risk Report for the month of December 2018. As can be seen from the chart below, year over year unit sales are well below last year, however, we must take into account the Low Ratio Stress Test deadline of Jan 1, 2018, and its possible impact on volumes in Nov. & Dec. 2017. Markets have settled nicely over the last year into a range that resembles the 5 year average. The supply of listing still continues to lag with Ontario at a record low new listings (-19% below 2017) and inventory in almost all cities, with many sellers still in a wait and see mode.  Joining Toronto in balanced market conditions is only Barrie this month. Seller's markets conditions are prevailing in all other municipalities. Prices are showing positive growth in all municipalities except Barrie & Sudbury which are slightly below 2017. Please enjoy the information and as always If you have any questions or suggestions feel free to give me a call. 

  

# Sales % YoY

Price % YoY

S/L Ratio

Market

GTA

-15

3.5

50%

Balanced

Hamilton

-17

5.2

60%

Sellers

Ottawa

-5

3.2

75%

Sellers

KW

14

7.6

67%

Sellers

London

7

15

73%

Sellers

Barrie

-18

-1

46%

Balanced

Kingston

-4

14

65%

sellers

Sudbury

-6

-1

69%

Sellers

St. Catharines

3

6

64%

Sellers

Windsor

-8

11

76%

Sellers

 In closing, I want to add a sincere thank you for your partnership during my first year in this role, and look forward to continuing to partner with you and your teams in 2019!

 Cheers,

Carlo Montagnese

Regional Vice President, Ontario Region

Genworth Canada Mortgage Insurance

2060 Winston Park Drive, Suite 300

Oakville, Ontario L6H 5R7

Cell: 416-938-7643

Toll-free: 1-800-511-8888

AttachmentSize
Ontario Regional Risk Report December 2018.pdf761.97 KB

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