measuring demand (sales)
relative to supply (active
listings) for various segments
of MLS residential activity.
Market conditions improve as
the ratio rises, so segments
with above-average
sales-to-listings ratios are
more likely to see price
stability or appreciation.
Among major sales
categories, market conditions
improved most for single
detached homes.
Lower and mid-priced activity
below $175,000 fuelled most
of the increase in activity
during the third quarter.
Fewer listings caused market
conditions to improve for
homes priced between
$150,000 and $224,999.
Though listings rose by more
than sales in the range from
$100,000 to $150,000,
market conditions were
strongest for this market
segment.
Mid-Priced Single Detached Sales Climb
Single detached home sales rose in a number of price ranges, led by lower and mid-priced
properties.
Single detached homes priced from $125,000 to $174,999 led the charge.
As a result, the market share for single detached homes in this range rose to nearly 1 in every 3
sales.
First-time buyers helped fuel the rise in demand for lower-priced townhouse/row units.
Apartment unit sales also benefited from first-time buyer turnout, with higher sales focused
among units priced below $75,000.
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Winter's coming, skidooing,
snow shoeing and cross
country skiing is at our door,.
"Want to try some old
fashioned Caribou?"
- 26 oz of Losangeberry wine
- 12 oz of Alcohol
- 4 oz of Tea
Aspic for Pâté
3 cups beef or chicken stock
2 env. unflavored gelatine
1 tsp. soya sauce
salt & pepper
olives, sliced carrots, etc.
fresh tarragon or parsley
The day after baking the
pt, heat the stock in
saucepan until it boils.
Meanwhile, in a bowl, soften
gelatine in 2tbsp. cold water,
add gelatine to stock and boil
1 minute stirring. Add soya
sauce for colour and salt &
pepper to taste. Remove to a
bowl and let cool at room temperature.
Pour half the cooled, but still liquid stock over pt and refrigerate for 15 mins. Make
decoration with olives, carrots, tarragon or parsleyà design stems cover with remaining stock.
Refrigerate for at least 1 day, preferably 2, before serving.
| Prepare your home for showings
|
With buyers, first impressions count. A small investment in time
and money will give your home an
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edge over other listings in the
area when the time comes to
show it to a prospective
buyer. Here are some
suggestions that will help you
get top market value.
The first Impression
- Clean and tidy entrance
- Functional doorbell
- Polish door hardware
Curb Appeal
- Remove shoes from
entrance
- Trim shrubs
- Weed and edge gardens
- Pick up any litter
- Clear walk and driveway of
debris
- Repair gutters and eaves
- Touch up exterior paint
General Maintenance
- Oil all squeaky doors
- Tighten doorknobs
- Replace burned out lights
- Clean and repair windows
- Touch up chipped paint
- Repair cracked plaster
- Repair leaking taps and toilets
In closing, remember that whatever you are doing now will pay off later. We will bring you more
information on how to prepare your home for a showing in our next newsletter.
André |