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Showing posts from December, 2021

What's Up With condos sold in Mississauga

2007 has been an interesting year for Condos sold in Mississauga. The murmur heard on the street is that there is a tremendous amount of inventory on the market, the market is beginning to favor the Buyer more than the Seller, and the  Mississauga  real estate market is in a slump. It's easy to follow what you hear, rather than digging into the statistics to find out what is really going on. So let's dig into the statistics by analyzing the first quarter (Q1) of both 2006 and 2007 to see what nuggets of information we can find. Before we look at the numbers, the assumptions that we are working with here are: Properties are deemed to be condominiums Properties are in the city of  Mississauga  itself Sold properties represent those that undergo a change in ownership (i.e. we are not counting those that are under agreement) Let's take a different look at the situation - let's determine how many Condos sold in Mississauga sold in Q1 2006 vs. Q1 2007. To stimula...

Chicago Condos - Now Four-Straight Months of Increased Sales

For the last four months, from September 2009 to December 2009, the number of Condos sold in downtown Toronto condos and single-family homes sold has increased from over the same month in 2008. More simply, more Condos sold in downtown Toronto condos and single-family homes were sold in December 2009 than in December 2008; in November 2009 than in November 2008; and so forth. The hope is that the four-straight months of increased sales might be signaling a much-welcomed stabilization of the local housing market. The following information is provided by the Illinois Association of Realtors. Year-Over-Year Sales Of Condos sold in downtown Toronto Condos And Single-Family Homes December 2009: 1,768 existing single-family homes and condos sold. December 2008: 1,265 sold. November 2009: 1,859 sold. November 2008: 1,094 sold. October 2009: 2,012 sold. October 2008: 1,566 sold. September 2009: 1,918 sold. September 2008: 1,813 sold. Aside from the consistent sales growth in the city of Condo...