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Condo Market Report

CONDO REPORT: Prices drop in Barrie amid rising interest rates

CONDO REPORT: Prices drop in Barrie amid rising interest rates

'Canada seems to be on its way to a more stable economy, but it is unknown if there will be a further interest rate increase this year or in 2024,' says columnist
CONDO REPORT: City seeing sizable surplus in condo inventory

CONDO REPORT: City seeing sizable surplus in condo inventory

Increased inventory 'caused the gap between supply and demand to widen further,' says condo columnist
CONDO REPORT: Multiple interest rate hikes stall market

CONDO REPORT: Multiple interest rate hikes stall market

'In recent months, first-time buyers have been racing against the clock to buy a home before their pre-approvals expire with their lender,' says columnist
CONDO REPORT: Buyers keeping close eye on the market

CONDO REPORT: Buyers keeping close eye on the market

'It is suggested that housing prices may continue to come down, if there is another interest rate hike in September,' says columnist
CONDO REPORT: No hurry, buyers taking their time

CONDO REPORT: No hurry, buyers taking their time

If interest rates continue to rise, the market could soften, putting downward pressure on prices, says columnist
CONDO REPORT: Market quiet, but seeing 'healthy growth'

CONDO REPORT: Market quiet, but seeing 'healthy growth'

In May, the average sale price for a condo townhouse in Barrie was $497,222, which was a 16 per cent decrease from April
CONDO REPORT: Prices going up, days on market falling

CONDO REPORT: Prices going up, days on market falling

'There are serious buyers in the market and they are ready to buy, as long as they feel they are not overpaying,' says columnist
CONDO REPORT: Buyer confidence on the rise

CONDO REPORT: Buyer confidence on the rise

Average condo sale price in March was down 20% from same time last year
CONDO REPORT: Demand drives prices down

CONDO REPORT: Demand drives prices down

Last month, the average sale price for a condo townhouse in Barrie was $484,160 — down from $664,417 at the peak of the market
CONDO REPORT: Know the pet rules when looking at condos

CONDO REPORT: Know the pet rules when looking at condos

'If you would like to review the pet rules and regulations, make sure to put a condition in our offer that protects you as a buyer,' says columnist