thornbury real estate Archives

June Housing Market Update for Ontario

Posted on June 5, 2024September 22, 2025 by Gerard Buckley

Higher Prices for Everything There is no shortage of people discussing whether we have or do not have inflation. What we do have are higher prices than we had 1, 2, 3 or 5 years ago. We have higher prices for everything from food, energy and consumer goods to housing costs, taxes, and development charges. […]

Canadian Home Sales Show First Promise of Hope

Posted on November 26, 2022September 22, 2025 by Gerard Buckley

Exciting news — we are encouraged to share the first glimmer of hope in the Real Estate Market as home sales increase, inflation relaxes and increased global diplomacy takes effect. We are not out of the woods yet; however, we are seeing some light peering through the trees. The Canadian Real Estate Association (CREA) show […]

Worst Decline for Housing Affordability in a Generation

Posted on August 17, 2022September 22, 2025 by Abigail Clark

Housing Affordability is Not in a Great Place We hate to be the bearers of bad news, but housing affordability in Canada worsened by 10.4 points in Q2’22, marking a fifth consecutive quarterly deterioration. The second quarter of 2022 was also the worst quarterly deterioration in over 41 years! For the first time since 1994, […]

The Housing Market is a Changing — Mortgage Trends for 2022 Part 2

Posted on June 7, 2022September 22, 2025 by Gerard Buckley

So, Where do we stand now? A lot can happen in a month! Since our last update, we’ve seen major shifts take place in the housing market – as tides have turned things from a seller’s market into a stable market. Some would even say the buyer is gaining some presence in the real estate […]