{"id":1485,"date":"2019-09-08T14:24:17","date_gmt":"2019-09-08T18:24:17","guid":{"rendered":"http:\/\/www.karenmillar.com\/blog\/?p=1485"},"modified":"2019-09-08T14:24:18","modified_gmt":"2019-09-08T18:24:18","slug":"market-stats-are-in","status":"publish","type":"post","link":"https:\/\/www.karenmillar.com\/blog\/market-stats-are-in\/","title":{"rendered":"Market stats are in!"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

I hope you\u00a0are doing well and found some time to enjoy the summer.\u00a0 As we get back into the\u00a0swing of things this September I thought I would reach out to update you on what has been going on in the Residential Real Estate World.\u00a0\u00a0
It has been a busy summer for Residential Real Estate, with interest rates creeping\u00a0down, more buyers have entered the market driving the number of sales up over the summer, over 12% to be more specific.\u00a0 The number we also watch in relation to this is the number of current active listings.\u00a0 This number is down just over 11%, putting the months of inventory at around two months.\u00a0 If the market were not to see another listing we would be sold out of homes in just over two months.\u00a0\u00a0
With this steady demand for homes and condos, prices continue to appreciate at a healthy 3% for the year.\u00a0\u00a0
The condominium market continues to be active with prices up 6.2% over the same period last year.\u00a0 Sales volume also up over 3% as the condo market continues to be a more affordable way to enter the market for many first time buyers.\u00a0\u00a0
If you are considering investing in real estate and looking at the New Condominium market, many developers will be launching their projects this fall before the year wraps.\u00a0 Through my Brokerage I will have Platinum\/front of the line access to many of these projects.\u00a0 Please don’t hesitate to reach out to me if you have any interest.\u00a0\u00a0
I am always here to help and happy to answer any of your real estate questions.\u00a0\u00a0
<\/p>\n\n\n\n

Karen<\/p>\n","protected":false},"excerpt":{"rendered":"

I hope you\u00a0are doing well and found some time to enjoy the summer.\u00a0 As we get back into the\u00a0swing of things this September I thought I would reach out to … [read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,5,153],"tags":[1174,56,28,192,672,126,331,419,1173,725,691,191,1175,140],"class_list":["post-1485","post","type-post","status-publish","format-standard","hentry","category-community","category-real-estate","category-toronto","tag-buying","tag-buying-a-home","tag-finance","tag-homes-for-sale","tag-karen-millar","tag-karen-millar-team","tag-mortgages","tag-real-estate-stats","tag-selling","tag-toronto-condo","tag-toronto-finance","tag-toronto-homes","tag-toronto-motgages","tag-toronto-real-estate"],"_links":{"self":[{"href":"https:\/\/www.karenmillar.com\/blog\/wp-json\/wp\/v2\/posts\/1485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.karenmillar.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.karenmillar.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.karenmillar.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.karenmillar.com\/blog\/wp-json\/wp\/v2\/comments?post=1485"}],"version-history":[{"count":1,"href":"https:\/\/www.karenmillar.com\/blog\/wp-json\/wp\/v2\/posts\/1485\/revisions"}],"predecessor-version":[{"id":1487,"href":"https:\/\/www.karenmillar.com\/blog\/wp-json\/wp\/v2\/posts\/1485\/revisions\/1487"}],"wp:attachment":[{"href":"https:\/\/www.karenmillar.com\/blog\/wp-json\/wp\/v2\/media?parent=1485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.karenmillar.com\/blog\/wp-json\/wp\/v2\/categories?post=1485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.karenmillar.com\/blog\/wp-json\/wp\/v2\/tags?post=1485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}