Loading...

Why housing is still the best investment for most Canadians

Wednesday Apr 28th, 2021

Share

Hello, I hope you are doing well.  This is an article written by Dale Jackson, a business writer with BNN Bloomberg and the Globe and Mail. It's a good read, well worth the time.  Owning a home remains the largest single investment for most Canadians. So it’s not surprising that fear over an economy turned upside down literally hits home for so many.  The Canada Mortgage and Housing Corporation (CMHC)  recently warned the pandemic and resulting... [read more]

How accurate are averages?

Friday Dec 1st, 2017

Share

Averages can be a little bit misleading, the median sale price is important. One low or high price sale can skew the numbers. Here are the October and November detached sales for Erin Mills and Clarkson, both great neighbourhoods in Mississauga.  Erin Mills October Sales 22 sales, average price $953,873.00, median price $847,500.00. Low sale $675,000.00. High sale $1,400,000.00. Erin Mills November Sales 19 sales, average price $1,028,289.00, median price $888,000.00. Low... [read more]

READ MORE