Monday, February 25, 2013
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Thursday, February 21, 2013
Friday, February 15, 2013
Tuesday, February 5, 2013
A great start to LUCKY 2013!
Second best January on record for Georgian Triangle home sales
Residential sales recorded through the MLS® System of the Georgian Triangle
Association of REALTORS® posted the second best January on record in 2013,
marking a considerable rebound following a bit of a slowdown in the final months of
Home sales numbered 100 units in January 2013, rising 15 per cent on a year-overyear
“Resale housing demand kicked off 2013 on an exceptionally strong note, with home
sales in the region topping January sales figures in every other year on record with
the exception of 2002,” said Andres Paara, President of the Georgian Triangle
Association of REALTORS®. “At the same time, we saw a jump of similar size in the
number of new listings coming on stream in January. So while both demand and
supply began the year much stronger than we were seeing at the end of 2012, the
balance between the two was little changed.”
New residential listings numbered 452 units in January 2013, up 24 per cent from a
year earlier. This was the highest level of new supply ever reported in the month of
There were 1,224 active residential listings on the Association’s MLS® System at the
end of January 2013, down four per cent from year-ago levels.
There were 12.2 months of inventory at the end of January, down from 14.7 months
at the end of January 2012. This stands just below the long-run average for the
months of inventory measure at this time of the 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.
The value of all residential transactions in January was $30.6 million, up 12 per
cent from a year earlier.
Sales of all types of properties numbered 113 units in January, an increase of nine
per cent compared to the same month in 2012. The total value of all properties sold
in January 2013 was $36.5 million, up 14 per cent on a year-over-year basis.
The Georgian Triangle Association of REALTORS® represents an estimated 360
REALTORS® registered with its member offices. The geographical area served by the
Association covers the area known as the Georgian Triangle region of Ontario, and
includes Clearview Township, Wasaga Beach, Collingwood, The Blue Mountains, Grey
Highlands and Municipality of Meaford.
Jonathan J. Knight
Broker - Re/Max Clearview
O - 705 428 4500
P - 705 441 6839
F - 705 428 5951