Discover the economic and development opportunities and challenges in Stoney Creek, Ontario with our comprehensive market analysis. Our analysis covers key performance indicators such as population and job growth, median household income and home values, and crime rates. Learn about the unique regional challenges and opportunities for growth in emerging industries, sustainable infrastructure, and tourism and recreation.

Analysis of Unique Economic, Development, and/or Regional Challenges in Stoney Creek:

Stoney Creek is a rapidly growing community in the Hamilton area, and one of the main challenges the region faces is managing the growth while preserving the natural environment and maintaining a high quality of life for its residents. The community is known for its beautiful waterfront, natural parks, and outdoor recreational opportunities, but these assets are also under pressure from development and urbanization. The region needs to balance the need for economic growth and job creation with the need to protect its natural resources and preserve its unique character.

Another challenge faced by the Stoney Creek community is the aging infrastructure, particularly in terms of transportation. The region has been experiencing traffic congestion, especially during peak hours, which affects both commuters and businesses. There is a need for improved transportation infrastructure, including roads, highways, and public transportation, to support the growing population and economy.

Furthermore, Stoney Creek is also facing challenges related to affordable housing. As the median home values continue to rise, it may become increasingly difficult for some residents to afford housing in the community. This could lead to a lack of diversity in the community and make it more difficult for lower-income families to access employment opportunities and essential services.

Stoney Creek Data Table (2011-2021):

Stoney Creek Analysis of Positive Economic or Development Opportunities:

Despite the challenges, Stoney Creek presents several positive economic and development opportunities, particularly for investors. The region is strategically located near major highways and transportation hubs, making it an attractive location for businesses. The area has a diverse economy, with opportunities in manufacturing, healthcare, and education. The growing population also presents opportunities for real estate development, particularly in the areas of affordable housing and mixed-use developments that combine residential and commercial spaces.

Stoney Creek also has a strong sense of community and a growing cultural scene, which could attract businesses and entrepreneurs looking for a supportive environment. The region is home to several festivals and events throughout the year, such as the Winona Peach Festival and the Stoney Creek EasterFest, which could help drive tourism and support local businesses.

Overall, Stoney Creek presents a mix of challenges and opportunities, but with careful planning and investment, the region has the potential to continue its growth and development while preserving its unique character and natural assets.

Economic, Development, and Regional Challenges for Stoney Creek:

One of the main challenges facing Stoney Creek is the need for sustainable economic development. While the region has seen growth in recent years, it is facing increasing competition from other cities in the Greater Toronto Area. This competition for business investment and talent means that Stoney Creek must work to create a competitive and attractive business environment, which includes investing in infrastructure, fostering innovation, and providing supportive services to businesses.

Another challenge faced by Stoney Creek is its dependence on traditional industries, such as manufacturing. While these industries remain important to the local economy, they are facing increasing pressures from automation, outsourcing, and changing global markets. To remain competitive, Stoney Creek must diversify its economy, investing in emerging industries and supporting entrepreneurship and innovation.

Stoney Creek also faces environmental challenges, particularly in terms of preserving its natural assets and mitigating the effects of climate change. The region is home to several sensitive ecosystems, including the Niagara Escarpment, and must work to balance economic growth with environmental conservation. This includes investing in sustainable infrastructure, such as public transportation and renewable energy, and promoting green practices among businesses and residents.

Finally, Stoney Creek must address issues related to social and cultural inclusion. While the region is home to a diverse population, it also faces issues related to income inequality, access to affordable housing, and social exclusion. To address these challenges, Stoney Creek must work to create a more equitable and inclusive community, investing in affordable housing, social services, and cultural programs that celebrate diversity and promote social cohesion.

Positive Economic or Development Opportunities:

Stoney Creek presents several positive economic and development opportunities for investors and businesses. The region’s strategic location near major transportation hubs and highways makes it an attractive location for businesses looking to access markets in Toronto and the United States.

Stoney Creek’s diverse economy also presents opportunities for growth and investment in emerging industries, such as technology, healthcare, and education. The region is home to several research and development centers, including the McMaster Innovation Park and the Hamilton Health Sciences Centre, which provide opportunities for collaboration and innovation.

Furthermore, Stoney Creek’s natural assets and cultural scene present opportunities for tourism and recreation. The region is home to several parks, trails, and natural areas, including the Bruce Trail and the Niagara Escarpment, which attract outdoor enthusiasts and nature lovers. Stoney Creek also has a vibrant cultural scene, with several festivals and events throughout the year, including the Winona Peach Festival and the Stoney Creek EasterFest.

Finally, Stoney Creek’s strong sense of community and spirit of innovation make it an attractive location for entrepreneurs and small businesses. The region is home to several co-working spaces, incubators, and accelerators, which provide support and resources to startups and entrepreneurs. Stoney Creek also has a strong network of local businesses and community organizations, which provide opportunities for networking and collaboration.

In conclusion

In conclusion, Stoney Creek presents a mix of challenges and opportunities for economic and social development. While the region faces challenges related to sustainable development, diversification, and social inclusion, it also presents several positive opportunities for growth and investment, particularly in emerging industries, sustainable infrastructure, and tourism and recreation. With careful planning and investment, Stoney Creek has the potential to continue its growth and development while preserving its unique character and natural assets.

Report Written by Realtor Sean Findlay of Findlay Real Estate.

Sources

To gather the KPI data for Stoney Creek, the following sources were consulted:

• Population Growth: StatCan, Census Profile, 2016 Census – Stoney Creek, City [Census subdivision], Ontario and Canada
• Job Growth: StatCan, Labour Force Survey (LFS), Table 14-10-0294-01 Employment by industry, annual (x 1,000)
• Median Household Income: StatCan, Census Profile, 2016 Census – Stoney Creek, City [Census subdivision], Ontario and Canada
• Crime Rate: StatCan, Police-reported crime statistics by census metropolitan area and census agglomeration, 2011 to 2021
• Statistics Canada: Census Profile, 2011 and 2016 Census
• Statistics Canada: Labour Force Survey, 2011 and 2021
• Canadian Real Estate Association: MLS® Home Price Index, 2011-2021
• Stoney Creek News: Crime Rate Statistics, 2011-2021

The post Exploring Economic and Development Opportunities and Challenges in Stoney Creek, Ontario (2011-2021) appeared first on FINDLAY REAL ESTATE.

Housing Market Report for October 2022

In September, the Niagara Association of REALTORS® listed 1177 residential properties compared to 994 in
September 2021. The average days it took to sell a home in September 2022 was 37 days, compared to 22 days in September 2021. See below for Average Time On Market, Average Price for home in Niagara, Number of New Listings in Niagara and Number of House Listings Sold in Niagara.

Niagara Housing Inventory – October 2022

About this Report

FindlayRealEstate.ca real estate market trends gives you an up-to-date look at the Niagara housing market. We’ve made real estate data like average house prices, housing inventory, and days on market readily available to you. The home price data we report is consistently refreshed, with the most recent coverage between September 04 – October 02. The report also includes percentages that represent the year-over-year change from the same period in 2021. Along with all these real estate statistics is a ranking of every city in the Greater Toronto area based on their home sold price, price growth, days on market, and turnover. This way, you get to see the Niagara housing market on a wider scale, and how it compares to other cities in the metro area. This market report was designed to give you new insights on both the Niagara real estate market and the Greater Toronto area so that you have a better idea of where you want to live. In addition to our market report, consider reviewing other MLS® stats, like the MLS® Home Price Index, to get a better perspective of the market.

Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you’re seeing is reported in real-time.

Niagara Real Estate Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period’s numbers are considered “pro-rated.”

For More Information About Toronto, Niagara or GTA Real Estate Statistics

If you’re looking for a more in-depth matrix of these statistics, please contact Realtor Sean Findlay

If you are looking to purchase or sell your home contact us using the form below.

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing SEO Real Estate Specialist

Proudly Buying & Selling Real Estate in Toronto, GTA, Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek, Hamilton, Grimsby & Niagara

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 905-450-8300 or Toll Free:1-888-450-8301 | Fax: 905-450-6736

Toronto Real Estate Office Located: 181 Queen St East, Brampton, ON, L6W 3A8 ( (by Appointment Only)
Stoney Creek Real Estate Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Niagara Housing Market Report | October 2022 Real Estate Trends & Stats appeared first on FINDLAY REAL ESTATE.

Housing Market Report for October 2022

Current Grimsby MLS® stats indicate an average house price of $823,400 and 127 new listings in the last 28 days. As of today, Grimsby housing data shows median days on market for a home is 42 days.See below for Average Time On Market, Average Price for home in Grimsby, Number of New Listings in Grimsby and Number of House Listings Sold in Grimsby.

Grimsby Housing Inventory – October 2022

Check out the Grimsby real estate “Hot Sheet” which details Monthly, Quarterly and Yearly changes to Grimsby real estate trends. As well, a more detailed look into the average prices of homes in Grimsby are detailed below:

About this Report

FindlayRealEstate.ca real estate market trends gives you an up-to-date look at the Grimsby housing market. We’ve made real estate data like average house prices, housing inventory, and days on market readily available to you. The home price data we report is consistently refreshed, with the most recent coverage between September 04 – October 02. The report also includes percentages that represent the year-over-year change from the same period in 2021. Along with all these real estate statistics is a ranking of every city in the Greater Toronto area based on their home sold price, price growth, days on market, and turnover. This way, you get to see the Grimsby housing market on a wider scale, and how it compares to other cities in the metro area. This market report was designed to give you new insights on both the Grimsby real estate market and the Greater Toronto area so that you have a better idea of where you want to live. In addition to our market report, consider reviewing other MLS® stats, like the MLS® Home Price Index, to get a better perspective of the market.

Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you’re seeing is reported in real-time.

Grimsby Real Estate Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period’s numbers are considered “pro-rated.”

For More Information About Toronto, Grimsby or GTA Real Estate Statistics

If you’re looking for a more in-depth matrix of these statistics, please contact Realtor Sean Findlay

If you are looking to purchase or sell your home contact us using the form below.

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing SEO Real Estate Specialist

Proudly Buying & Selling Real Estate in Toronto, GTA, Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek, Hamilton, Grimsby & Niagara

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 905-450-8300 or Toll Free:1-888-450-8301 | Fax: 905-450-6736

Toronto Real Estate Office Located: 181 Queen St East, Brampton, ON, L6W 3A8 ( (by Appointment Only)
Stoney Creek Real Estate Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Grimsby Housing Market Report | October 2022 Real Estate Trends & Stats appeared first on FINDLAY REAL ESTATE.

Housing Market Report for October 2022

Current Stoney Creek MLS® stats indicate an average house price of $815,188 and 210 new listings in the last 56 days. As of today, Stoney Creek housing data shows median days on market for a home is 26 days. See below for Average Time On Market, Average Price for home in Stoney Creek, Number of New Listings in Stoney Creek and Number of House Listings Sold in Stoney Creek.

Stoney Creek Housing Inventory – October 2022

Check out the Stoney Creek real estate “Hot Sheet” which details Monthly, Quarterly and Yearly changes to Stoney Creek real estate trends. As well, a more detailed look into the average prices of homes in Stoney Creek are detailed below:

About this Report

FindlayRealEstate.ca real estate market trends gives you an up-to-date look at the Stoney Creek housing market. We’ve made real estate data like average house prices, housing inventory, and days on market readily available to you. The home price data we report is consistently refreshed, with the most recent coverage between September 04 – October 02. The report also includes percentages that represent the year-over-year change from the same period in 2021. Along with all these real estate statistics is a ranking of every city in the Greater Toronto area based on their home sold price, price growth, days on market, and turnover. This way, you get to see the Stoney Creek housing market on a wider scale, and how it compares to other cities in the metro area. This market report was designed to give you new insights on both the Stoney Creek real estate market and the Greater Toronto area so that you have a better idea of where you want to live. In addition to our market report, consider reviewing other MLS® stats, like the MLS® Home Price Index, to get a better perspective of the market.

Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you’re seeing is reported in real-time.

Stoney Creek Real Estate Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period’s numbers are considered “pro-rated.”

For More Information About Toronto, Stoney Creek or GTA Real Estate Statistics

If you’re looking for a more in-depth matrix of these statistics, please contact Realtor Sean Findlay

If you are looking to purchase or sell your home contact us using the form below.

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing SEO Real Estate Specialist

Proudly Buying & Selling Real Estate in Toronto, GTA, Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek, Hamilton, Grimsby & Niagara

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 905-450-8300 or Toll Free:1-888-450-8301 | Fax: 905-450-6736

Toronto Real Estate Office Located: 181 Queen St East, Brampton, ON, L6W 3A8 ( (by Appointment Only)
Stoney Creek Real Estate Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Stoney Creek Housing Market Report | October 2022 Real Estate Trends & Stats appeared first on FINDLAY REAL ESTATE.

Housing Market Report for October 2022

Current Hamilton MLS® stats indicate an average house price of $830,539 and 1,509 new listings in the last 28 days. As of today, Hamilton housing data shows median days on market for a home is 27 days. See below for Average Time On Market, Average Price for home in Hamilton, Number of New Listings in Hamilton and Number of House Listings Sold in Hamilton.

Hamilton Housing Inventory – October 2022

Check out the Hamilton real estate “Hot Sheet” which details Monthly, Quarterly and Yearly changes to Hamilton real estate trends. As well, a more detailed look into the average prices of homes in Hamilton are detailed below:

About this Report

FindlayRealEstate.ca real estate market trends gives you an up-to-date look at the Hamilton housing market. We’ve made real estate data like average house prices, housing inventory, and days on market readily available to you. The home price data we report is consistently refreshed, with the most recent coverage between September 04 – October 02. The report also includes percentages that represent the year-over-year change from the same period in 2021. Along with all these real estate statistics is a ranking of every city in the Greater Toronto area based on their home sold price, price growth, days on market, and turnover. This way, you get to see the Hamilton housing market on a wider scale, and how it compares to other cities in the metro area. This market report was designed to give you new insights on both the Hamilton real estate market and the Greater Toronto area so that you have a better idea of where you want to live. In addition to our market report, consider reviewing other MLS® stats, like the MLS® Home Price Index, to get a better perspective of the market.

Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you’re seeing is reported in real-time.

Hamilton Real Estate Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period’s numbers are considered “pro-rated.”

For More Information About Toronto, Hamilton or GTA Real Estate Statistics

If you’re looking for a more in-depth matrix of these statistics, please contact Realtor Sean Findlay

If you are looking to purchase or sell your home contact us using the form below.

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing SEO Real Estate Specialist

Proudly Buying & Selling Real Estate in Toronto, GTA, Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek, Hamilton, Grimsby & Niagara

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 905-450-8300 or Toll Free:1-888-450-8301 | Fax: 905-450-6736

Toronto Real Estate Office Located: 181 Queen St East, Brampton, ON, L6W 3A8 ( (by Appointment Only)
Stoney Creek Real Estate Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Hamilton Housing Market Report | October 2022 Real Estate Trends & Stats appeared first on FINDLAY REAL ESTATE.

Real Estate Housing Market Report for October 2022

Current Burlington MLS® stats indicate an average house price of $1,065,309 and 768 new listings in the last 28 days. As of today, Burlington housing data shows median days on market for a home is 23 days. See below for Average Time On Market, Average Price for home in Burlington, Number of New Listings in Burlington and Number of House Listings Sold in Burlington.

Burlington Housing Inventory – October 2022

Check out the Burlington real estate “Hot Sheet” which details Monthly, Quarterly and Yearly changes to Burlington real estate trends. As well, a more detailed look into the average prices of homes in Burlington are detailed below:

About this Report

FindlayRealEstate.ca real estate market trends gives you an up-to-date look at the Burlington housing market. We’ve made real estate data like average house prices, housing inventory, and days on market readily available to you. The home price data we report is consistently refreshed, with the most recent coverage between September 04 – October 02. The report also includes percentages that represent the year-over-year change from the same period in 2021. Along with all these real estate statistics is a ranking of every city in the Greater Toronto area based on their home sold price, price growth, days on market, and turnover. This way, you get to see the Burlington housing market on a wider scale, and how it compares to other cities in the metro area. This market report was designed to give you new insights on both the Burlington real estate market and the Greater Toronto area so that you have a better idea of where you want to live. In addition to our market report, consider reviewing other MLS® stats, like the MLS® Home Price Index, to get a better perspective of the market.

Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you’re seeing is reported in real-time.

Burlington Real Estate Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period’s numbers are considered “pro-rated.”

For More Information About Toronto, Burlington or GTA Real Estate Statistics

If you’re looking for a more in-depth matrix of these statistics, please contact Realtor Sean Findlay

If you are looking to purchase or sell your home contact us using the form below.

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing SEO Real Estate Specialist

Proudly Buying & Selling Real Estate in Toronto, GTA, Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek, Hamilton, Grimsby & Niagara

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 905-450-8300 or Toll Free:1-888-450-8301 | Fax: 905-450-6736

Toronto Real Estate Office Located: 181 Queen St East, Brampton, ON, L6W 3A8 ( (by Appointment Only)
Stoney Creek Real Estate Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Burlington Housing Market Report | October 2022 Real Estate Trends & Stats appeared first on FINDLAY REAL ESTATE.

Real Estate Housing Market Report for October 2022

Current Oakville MLS® stats indicate an average house price of $1,536,842 and 742 new listings in the last 28 days. As of today, Oakville housing data shows median days on market for a home is 21 days. See below for Average Time On Market, Average Price for home in Oakville, Number of New Listings in Oakville and Number of House Listings Sold in Oakville.

#RealEstateHousingMarketCanada

Oakville Real Estate Housing Inventory – October 2022

Check out the Oakville real estate “Hot Sheet” which details Monthly, Quarterly and Yearly changes to Oakville real estate trends. As well, a more detailed look into the average prices of homes in Oakville are detailed below:

About this Oakville Real Estate Market Housing Report

FindlayRealEstate.ca real estate market trends gives you an up-to-date look at the Oakville housing market. We’ve made real estate data like average house prices, housing inventory, and days on market readily available to you. The home price data we report is consistently refreshed, with the most recent coverage between September 04 – October 02. The report also includes percentages that represent the year-over-year change from the same period in 2021. Along with all these real estate statistics is a ranking of every city in the Greater Toronto area based on their home sold price, price growth, days on market, and turnover. This way, you get to see the Oakville housing market on a wider scale, and how it compares to other cities in the metro area. This market report was designed to give you new insights on both the Oakville real estate market and the Greater Toronto area so that you have a better idea of where you want to live. In addition to our market report, consider reviewing other MLS® stats, like the MLS® Home Price Index, to get a better perspective of the market.

Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you’re seeing is reported in real-time.

Oakville Housing Real Estate Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period’s numbers are considered “pro-rated.”

For More Information About Toronto, Oakville or GTA Real Estate Statistics

If you’re looking for a more in-depth matrix of these statistics, please contact Realtor Sean Findlay

If you are looking to purchase or sell your home contact us using the form below.

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing SEO Real Estate Specialist

Proudly Buying & Selling Real Estate in Toronto, GTA, Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek, Hamilton, Grimsby & Niagara

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 905-450-8300 or Toll Free:1-888-450-8301 | Fax: 905-450-6736

Toronto Real Estate Office Located: 181 Queen St East, Brampton, ON, L6W 3A8 ( (by Appointment Only)
Stoney Creek Real Estate Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Oakville Housing Market Report | October 2022 Real Estate Trends & Stats appeared first on FINDLAY REAL ESTATE.

Real Estate Housing Market Report for October 2022

Current Mississauga MLS® stats indicate an average house price of $1,013,563 and 1,165 new listings in the last 28 days. As of today, Mississauga housing data shows median days on market for a home is 23 days.. See below for Average Time On Market, Average Price for home in Mississauga, Number of New Listings in Mississauga and Number of House Listings Sold in Mississauga.

#RealEstateHousingMarketCanada

Mississauga Real Estate Housing Inventory – October 2022

Check out the Mississauga real estate “Hot Sheet” which details Monthly, Quarterly and Yearly changes to Mississauga real estate trends. As well, a more detailed look into the average prices of homes in Mississauga are detailed below:

About this Mississauga Real Estate Housing Market Report

FindlayRealEstate.ca real estate market trends gives you an up-to-date look at the Mississauga housing market. We’ve made real estate data like average house prices, housing inventory, and days on market readily available to you. The home price data we report is consistently refreshed, with the most recent coverage between September 04 – October 02. The report also includes percentages that represent the year-over-year change from the same period in 2021. Along with all these real estate statistics is a ranking of every city in the Greater Toronto area based on their home sold price, price growth, days on market, and turnover. This way, you get to see the Mississauga housing market on a wider scale, and how it compares to other cities in the metro area. This market report was designed to give you new insights on both the Mississauga real estate market and the Greater Toronto area so that you have a better idea of where you want to live. In addition to our market report, consider reviewing other MLS® stats, like the MLS® Home Price Index, to get a better perspective of the market.

These Real Estate Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you’re seeing is reported in real-time.

Mississauga Real Estate Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period’s numbers are considered “pro-rated.”

For More Information About Toronto, Mississauga or GTA Real Estate Statistics

If you’re looking for a more in-depth matrix of these statistics, please contact Realtor Sean Findlay at 905-450-8300

If you are looking to purchase or sell your home contact us using the form below.

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing SEO Real Estate Specialist

Proudly Buying & Selling Real Estate in Toronto, GTA, Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek, Hamilton, Grimsby & Niagara

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 905-450-8300 or Toll Free:1-888-450-8301 | Fax: 905-450-6736

Toronto Real Estate Office Located: 181 Queen St East, Brampton, ON, L6W 3A8 ( (by Appointment Only)
Stoney Creek Real Estate Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Mississauga Housing Market Report | October 2022 Real Estate Trends & Stats appeared first on FINDLAY REAL ESTATE.

Real Estate Housing Market Report for October 2022

Current Toronto MLS® stats indicate an average house price of $1,097,463 and 4,817 new listings in the last 28 days. As of today, Toronto housing data shows median days on market for a home is 21 days. See below for Average Time On Market, Average Price for home in Toronto, Number of New Listings in Toronto and Number of House Listings Sold in Toronto. #RealEstateHousingMarketCanada

Toronto Housing Inventory – October 2022

Check out the Toronto real estate “Hot Sheet” which details Monthly, Quarterly and Yearly changes to Toronto real estate trends. As well, a more detailed look into the average prices of homes in Toronto are detailed below:

About this Real Estate Housing Market Report

FindlayRealEstate.ca real estate market trends gives you an up-to-date look at the Toronto housing market. We’ve made real estate data like average house prices, housing inventory, and days on market readily available to you. The home price data we report is consistently refreshed, with the most recent coverage between September 04 – October 02. The report also includes percentages that represent the year-over-year change from the same period in 2021. Along with all these real estate statistics is a ranking of every city in the Greater Toronto area based on their home sold price, price growth, days on market, and turnover. This way, you get to see the Toronto housing market on a wider scale, and how it compares to other cities in the metro area. This market report was designed to give you new insights on both the Toronto real estate market and the Greater Toronto area so that you have a better idea of where you want to live. In addition to our market report, consider reviewing other MLS® stats, like the MLS® Home Price Index, to get a better perspective of the market.

These Real Estate Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you’re seeing is reported in real-time.

Toronto Real Estate Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period’s numbers are considered “pro-rated.”

For More Information About Toronto, Hamilton, GTA Real Estate Statistics

If you’re looking for a more in-depth matrix of these statistics, please contact Realtor Sean Findlay

If you are looking to purchase or sell your home contact us using the form below.

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing SEO Real Estate Specialist

Proudly Buying & Selling Real Estate in Toronto, GTA, Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek, Hamilton, Grimsby & Niagara

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 905-450-8300 or Toll Free:1-888-450-8301 | Fax: 905-450-6736

Toronto Real Estate Office Located: 181 Queen St East, Brampton, ON, L6W 3A8 ( (by Appointment Only)
Stoney Creek Real Estate Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Toronto Housing Market Report | October 2022 Real Estate Trends & Stats appeared first on FINDLAY REAL ESTATE.

2022 has kicked off with most economists and analysts in the U.S. and Canada commenting on record-high inflation levels. As a result, it would seem clearer than ever that both the Federal Reserve and Bank of Canada will begin to raise interest rates sooner rather than later. Experts are predicting that the BOC will see rates spike as early as the end of January.

Here’s what you need to stay in-the-know, whether you are a buyer, seller, or investor…

Surging COVID-19 cases fuelled by the Omicron variant have forced many economists to reconsider their predictions for the Canadian economy in 2022, but it’s not the only shock that could throw a wrench into forecasts.

Canada’s housing market has been flying high for a long time and 2021 saw the market heat up further. Data on Thursday showed prices and sales broke records last year in Toronto and Vancouver, the country’s two most expensive markets. The average price of a house in Toronto, Ontario climbed to $1,095,475, a 17.8 percent jump from the previous record set in 2020. 

Capital Economics believes rising mortgage rates will cool home price inflation this year. But there’s a scenario where investors expect prices to keep climbing no matter what, adding fuel to the Canadian Housing Market — and the economy — as home buyers use the equity in an existing property to purchase more. That spells trouble down the line.

While both house price inflation and Canada’s GDP growth would be stronger than we assume in this scenario, we would become extremely concerned about the risk of a house price bust in later years.

It is expected that the Bank of Canada will be hiking the interest rates three times to 1.00 percent by the end of the year.

If you ever have any questions or need any advice, don’t hesitate to contact Realtor Sean Findlay at 905-450-8300

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing Specialist

– Proudly Specializing in Toronto, Stoney Creek, Hamilton & GTA Real Estate –

Toronto, Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek, Grimsby, Hamilton, Niagara Falls.

CENTURY 21 Millennium Inc., Brokerage *
Office: 905-450-8300 or Toll Free: 1-888-450-8301 | Fax: 905-450-6736

Toronto Office Located: 181 Queen St E Brampton, ON L6W 2B3 (by Appointment Only)

Stoney Creek Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Canada Housing Market Forecast for 2022 appeared first on FINDLAY REAL ESTATE.