WELCOME TO THE ABTEAM MAY BLOG MAY: THE MONTH OF HOPE FOR OUR LOCAL REAL ESTATE MARKET The first quarter of the 2025 housing market here in beautiful Durham Region can easily be summarized in this way: it has been a time of patience and managing expectations. Certainly for sellers and their agent representatives, that has been the lived reality. A trifecta of surprise events – terribly harsh weather, the unexpected trade war and a snap federal... [read more]

  WELCOME TO THE ABTEAM DECEMBER  BLOG! The Most Magical Of Seasons Is Here Once Again… December is surely the most wonderful month of the year! The air fairly crackles with excitement, promise and delight! Home to good, old fashioned Christmas baking, glittering lights on trees, festive get-togethers, and thoughtful gift giving, it is the month where we celebrate love, kindness and generosity like no other.  At RE/MAX Jazz we are so very proud of what... [read more]

WELCOME TO THE ABTEAM OCTOBER BLOG! October is harvest season in North America, and here, in our local real estate arena of the beautiful Durham Region, we currently have a bountiful supply – a veritable cornucopia of housing offerings -- ready to be harvested!  Truly, as a collective, the real estate industry is hoping that the Fall 2024 market ushers in a rebound in consumer confidence for the housing market that persists past just one or two quarters; a steady,... [read more]

A LOOK BACK IN 2022 AND AHEAD IN 2023:  Provided by Richard Robins International Interest rate hikes have undeniably eased a few scorching hot Canadian seller’s markets (which was needed). Unfortunately, though, we’ve also seen record declines in total sales month-over-month and, in some cases, close to the lowest posted sales numbers in 6 years.  Since January 2022, the Bank of Canada policy rate experienced 7 different rate hikes, taking us from 0.25 in... [read more]

In this edition of tempo, you will notice that we saw an uptick in the market for the month of August here in the Durham Region. The volume of sales increased, while our new listing inventory was lower than in July. The average price rose slightly in every category of detached, freehold homes, with beautiful, well-presented, properly priced properties experiencing multiple offer scenarios, many with competing offers counting into the teens. Houses took longer to sell but ultimately sold for... [read more]