While news headlines show dramatic changes in market conditions from 2016 to 2017, if one looks deeper, the picture is much more stable than would first appear. It’s important to note that 2015 and 2016 were not typical years. With an almost frantic pace fueled by low inventory, buyers scrambled to buy, resulting in bidding wars and a huge upswing in sales numbers. The activity seen in those two years make the return to more normal conditions in 2017 and 2018 appear much more dramatic than they actually are. Continue reading
The New Year is close at hand, and everyone is running around getting ready for the holidays, preparing delicious meals and making plans to ring in 2018. This week, BAZIS looks back at 2017 and the year that was, in our annual year-end review. Continue reading
The change of seasons brings with it a new forecast for market trends in both real estate and design.
At the beginning of the summer, both the Toronto Real Estate Board (TREB) and Canadian Real Estate Association (CREA) released their forecast for the fall housing market indicating a favourable outlook for condos. TREB reports indicated a decline in home sales overall, but the smallest decline came in the form of condo sales. Continue reading
As we near Canada’s 150th birthday, the red of our national flag may be shining a little brighter from blushing so hard as the world takes note of just home amazing Canada is. Continue reading