Ajax Market Watch June 2017 Market Slips But Still Up From 2016

By: Mark Douglas

Ajax Market Watch June 2017 Market Slips But Still Up From 2016

Tags: Housing Crash, Housing Market Crash, Real Estate, Toronto Real Estate, Ajax Real Estate, Town of Ajax, Durham Real Estate, Durham Region, Housing

If you have been watching the News or just driving down your street you have noticed a change in the Real Estate Market, homes that used to be sold it seemed just as soon as the sign went up, are now taking weeks and sometimes months to sell. You may check Realtor.ca and see the same home come up time and time again with different prices and if the home does sell, you may be shocked to find out it...Read More

Avg Price For Ajax Homes increase by almost $180,000 in 12 months

By: Mark Douglas

Avg Price For Ajax Homes increase by almost $180,000 in 12 months

Tags: housing, town of ajax, ajax, ajax real estate, durham region, durham region real estate, housing stats, real estate

April 2017 saw a mixed bag of activity. Prices for the month of April continued an upward climb with the average home selling for $744,533 an increase of 31.6% from April 2016 which represents a whopping $178,743 price appreciation.   On April 20, 2017 the Ontario Government sensing the unsustainability of the price growth we have seen this year, instituted 16 new measures designed to clamp...Read More

Why Selling your home for top dollar can begin and end with great photos

By: Mark Douglas

Why Selling your home for top dollar can begin and end with great photos

Tags: Housing, Durham Region Real Estate, Toronto Real Estate, Real Estate Photography, Bad Real Estate Photography, Real Estate Fails

  Today I read an outstanding article about making your home sparkle for photos on HOUZZ to check out that article click here, when reading this article my mind started wandering on all the poor photos I have seen that really turned me off from even showing the property (the main picture was a picture of a picture of a home on the computer and yes the realtor used it for the actual listing) ...Read More

February Home Values Up 27% In The Town Of Ajax

By: Mark Douglas

February Home Values Up 27% In The Town Of Ajax

Tags: Town of Ajax, Ajax, Real Estate, Ajax Real Estate, Durham Region, Durham Region Real Estate, Housing, Housing Statistics, Housing Stats, Housing Market, Gta, GTA Real Estate

Not Even the Winter months could cool down this red hot housing market that we’ve been experiencing in Ajax. With the amount of new listings slumping by 10.5% compared to February of 2016, this reduction of inventory has led to an escalation of home values by over $147,000 during the same time periods. Ajax continues to suffer from a lack of inventory with only half a month’s worth, if...Read More

January 2017 Market Update For The Town Of Ajax

By: Mark Douglas

January 2017 Market Update For The Town Of Ajax

Tags: Market Stats, Real Estate, Town Of Ajax, Ajax, Durham Region, Ajax Real Estate, GTA, Toronto Housing, Housing, Durham Real Estate

January 2017 ended pretty much how December 2016 did, hot hot hot. Home prices in Ajax increased in January by almost 34% compared to Jan ’16 with the price of the average home soaring to $656,637 from $491,152 just 12 months earlier. An 80.9% sales to new list ratio means that of the new homes that had come to market within the month of January over 80% sold within the month. Market stats a...Read More

By: Mark Douglas

October Market Stats For The Town Of Ajax

Tags: Homes in Ajax, Homes in Toronto, Homes in gta, Housing, real estate, ajax real estate, town of ajax, Durham Region Real Estate, Toronto Real Estate, Ajax Market Stats

October Has seen a Huge increase in Prices for the town of Ajax with an average value for homes at $627,804 representing a 28.9% increase in value from October 2015. Despite the increase in prices the Town of Ajax is still an affordable place to live when you consider that the average home in the GTA is at a whopping $762,975 $135,171 more than Ajax. When comparing to the rest of the GTA you can...Read More

The New Stress Test on Mortgages What This Means to You

By: Mark Douglas

The New Stress Test on Mortgages What This Means to You

Tags: Real Estate, Finance, Toronto Housing, Toronto Real Estate, Durham region, durham region reat estate, durham region housing, Mortgages, Mortgage Stress Test, Stress Test

  Earlier this week the Federal Government drew a line in the sand when it came to the housing industry and decided to implement a Stress Test for any insurance backed mortgage which will effect anyone who is using a down payment of less than 20%. A great article was written by Rob Carrick at The Globe and Mail outlining some of the changes, to read that article in full please visit this lin...Read More

Low Ball Listings Hurting Buyers

By: Mark Douglas

Low Ball Listings Hurting Buyers

Tags: Real Estate, Bidding Wars, Housing, Durham Region, Toronto Housing, Toronto Real Estate, gta housing

I read an article earlier today regarding the effect of bidding wars on Buyers and a specific part of the article caught my attention. The portion of the article stated:   Local professionals added that encouraging bidding is a legitimate approach in Canada’s most active housing market.   “It is the listing agent’s duty to attract as much interest to their client’...Read More

2015 For The Town of Ajax Brings almost $500k Avg Price

By: Mark Douglas

2015 For The Town of Ajax Brings almost $500k Avg Price

Tags: Real Estate, Town of Ajax, Ajax Real Estate, Housing, Market Stats, Real Estate Stats

  It has been an amazing year for the Town of Ajax which posted 2,174 sales in 2015 and an increase of 14.2% in values from $429,956 to $491,035. The large increase in has been attributed to low inventory in the area with less than a month of inventory (.8 months) and 76.5% Sales to New List Ratio in December 2015, meaning 76% of the homes that came on the market in that month had sold, (SNL...Read More

Salem’s Pointe Reaches New Heights In 2016

By: Mark Douglas

Salem’s Pointe Reaches New Heights In 2016

Tags: Market Stats, Town of Ajax, Homes in Ajax, Durham Region Homes, Town homes, Real Estate, Housing

    The Townhomes on the corner of Salem and Bayly Street located in the south east section of the Town of Ajax, had a most smile worthy year in 2015 which saw very few lags in the year. The first quarter of the year saw an increase of 12% from 2014 to an average of $419,697. Since then the value of homes in the Salem’s Point area has grown again to $434,534 by the end of 2015 wi...Read More