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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Sunday, November 19, 2017

Toronto has dragged the national price index lower

A measure of Canadian home prices has been heavily impacted by a moderation of prices in Toronto.

The Teranet-National Bank Composite House Price Index lost 1% in October compared to September, the largest decline since September 2010.

The index is a representative measure of house prices based on a base value of 100 set in June 2005. In October the Composite 11 was at 218.13, up 10% from a year earlier.

This was largely due to a 2.8% drop in Toronto but Hamilton (-1.8%), Edmonton (-0.7%), Winnipeg (-0.7%), Ottawa-Gatineau (-0.3%) and Calgary (-0.2%) also posted declines.

There were gains for Halifax (1.3%), Vancouver (0.7%), Quebec City (0.6%), Montreal (0.4%) and Victoria (0.1%).

While Toronto’s index declined for the third consecutive month, it remains 13.43% above a year ago. Hamilton’s index is more than 15% higher year-over-year.

The Vancouver, Victoria and Montreal indexes were at record highs in October.

MBN

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