Ontario Real Estate Brokerage | #Ontario Blog

Saturday, October 19, 2024   /   by Shiela Balanay

Ontario MLS® Home Sales Record Modest Gain in September

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 131,130 units in September 2024, a modest decrease of 1.5% compared to September 2023. The average price of resale residential homes sold across the province in September 2024 was $865,359, down only 1.3% from September 2023. Months of inventory numbered 4.9 at the end of September 2024, up from the 4.3 months recorded at the end of September 2023 and above the long-run average of 2.9 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity. ...

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Monday, September 23, 2024   /   by Shiela Balanay

Ontario MLS® Home Sales Remain Subdued As Inventory Rises

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 117,460 units in August 2024. This decreased by 2.8% from August 2023. The more comprehensive year-to-date average price was $867,787, a minor decrease of 1.4% from the first eight months of 2023. Months of inventory numbered 4.3 at the end of August 2024, up from the 3.2 months recorded at the end of August 2023 and above the long-run average of 2.6 months for this time of year. ...

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Monday, August 19, 2024   /   by Shiela Balanay

Team Glasser Real Estate Brokerage Inc. Announces Monumental Achievement for Realtor® Geoff Mitchell

LONDON, Ontario--(BUSINESS WIRE)--Team Glasser Real Estate Brokerage Inc., a prominent Realtors® firm dedicated to serving the Province of Ontario, is proud to announce that the National High School Football Hall of Fame Class of 2024 welcomes Geoff Mitchell as their newest inductee.

“Geoff's football achievements inspire us all, motivating us to collaborate with his positive presence. His professionalism is undeniable.”

Geoff Mitchell's dedication and achievements in football garnered him recognition among his peers. Transitioning boldly to the real estate sector in 2008, he established a thriving business in London, Ontario, where his expertise has led to the sale of over 1,000 homes across a career spanning 16+ years. Geoff's passion extends beyond football and sales; he actively inspires others to achieve their fullest potential, sharing wisdom and motivation with those he encounters.
Michael Glasser, the Broker of Record, expressed, "Geoff's football ach ...

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Friday, August 16, 2024   /   by Shiela Balanay

Ontario MLS® Home Sales Continue Slowly to Recover Amongst Inventory Surge

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario home sales totalled 104,782 units over the year's first seven months. This was a modest decline of 2.9% from the same period in 2023. The more comprehensive year-to-date average price was $872,577, a minor decrease of 1.3% from the first seven months of 2023. Months of inventory numbered 4.2 at the end of July 2024, up from the 3.1 months recorded at the end of July 2023 and above the long-run average of 2.7 months for this time of year. ...

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Saturday, July 20, 2024   /   by Shiela Balanay

Ontario MLS® Home Sales Remain Subdued in June as Inventory Rises

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 88,862 units in June 2024. This was a substantial decrease of 4% from June 2023. The more comprehensive year-to-date average price was $880,807, a modest decline of 1.2% from the first six months of 2023. Months of inventory numbered 3.8 at the end of June 2024, up from the 2.1 months recorded at the end of June 2023 and above the long-run average of 2.3 months for this time of year.

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Team Glasser Real Estate Brokerage Inc.
99 Horton St W
London, ON N6J 4Y6
Office: 519.670.0385

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