Blog
Cornwall and District Real Estate Board MLS® home sales reach second best November on record
The number of homes sold through the MLS® System of the Cornwall and District Real Estate Board totaled 135 units in November 2021. This was a moderate decrease of 6.9% (10 sales) from November 2020. Home sales were 12.1% above the five-year average and 20.8% above...
MLS® Snapshot Statistics – November 2021
Statement From OREA CEO Tim Hudak: Municipalities Need to Step Up On The Housing Affordability Crisis
Ontario is in the middle of a historic housing affordability crisis and young families are counting on all levels of government to work together to get more housing supply online and keep the dream of home ownership alive. Ontario’s commitment today to host a Housing...
A New Record Year for Canadian Home Sales
On Monday, November 15, the Canadian Real Estate Association (CREA) released its national housing statistics for the month of October. Below, CREA’s Director and Senior Economist, Housing Data and Market Analysis, Shaun Cathcart provides an update on the current state...
Op Ed: Ontario is Heading Toward the Highest Real Estate Professional Standards in North America
Every year, Ontario’s 85,000 REALTORS® work with tens of thousands of consumers to navigate the largest financial decision most of us will ever make — buying or selling a home. Every Ontario Realtor has a responsibility to serve and protect the interests of their...
Paul A. Johnson: Blind bidding isn’t the problem in housing
Paul A. Johnson: A stubborn fact of economics is that prices are driven by demand and supply. A ban on blind bidding would do nothing to change those fundamentals. Click here to read more.
Housing market heats back up with biggest jump in sales since pandemic boom started
Home sales surged 8.6 per cent in October from the month before, the biggest increase since July 2020 when the country was emerging from its first pandemic lockdown and the housing market was getting started on its record run, according to data released Monday by the...
CDREB’s October 2021 Housing Market Update
Cornwall and District Real Estate Board MLS® home sales, new listings surge in October
The number of homes sold through the MLS® System of the Cornwall and District Real Estate Board totaled 162 units in October 2021. This was unchanged from October 2020 and tied the sales record for the month of October. Home sales were 20.7% above the five-year...