Housing Prices – two perspectives 1) The Fall from A Year Ago & 2)Toronto Home Prices Rising Again
BARRIE HOME PRICES FALL, DOWN 21.9% FROM A YEAR AGO
THE NUMBER OF HOMES SOLD COMPARED TO A YEAR AGO ALSO SLIPPED
Courtesy of Barrie 360 and Ian MacLennanPublished: Apr 11th, 2023 & Financial Post
A downward trend in home prices in Barrie. The Barrie and District Association of Realtors (BDAR) says the average home price in March was $725,965–21.9 per cent less than a year ago.
195 homes were sold last month, a drop of 27.8 per cent from March 2022.
Crunching the numbers month-to-month, the BDAR says the number of homes sold last month was 50 per cent more than in February, while the average price of a home in March compared to February was just 0.8 per cent less.
Across Simcoe County, the average price of a home in March was $821,378, down 18.1 per cent from March 2022.
The number of homes sold was 378 last month, off nearly 32 per cent year-over-year.
More information:
Financial Post Articles – rising costs in Toronto
https://financialpost.com/category/real-estate/
Patricia is the Business Mentor and owner of Grow Vantage and a Past President of the Barrie Chamber of Commerce. She applies over 30 years of business experience (from start-up to corporate) to mentor entrepreneurs. Since 2011, she has held over 6,500 coaching and training sessions in-person and online. Through Ask For Directions Training, her entrepreneurial training program (and parent company Grow Vantage), and as a business coach, she works with start-ups who are new (or who have lost traction) to design, launch and grow their businesses. Along with 20 other expert instructors she teaches strategies in marketing, sales, communications, and finance, as well as practical techniques to increase productivity, and manage their businesses. In other words, everything entrepreneurs need to learn to grow and run their businesses successfully, and avoid the costly mistakes they can't even see coming - that lead to delays in growth and getting stuck.
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