Sunday 2 December 2012

Chart depicts WIDREB numbers

Easy to recall why 2005 had such great sales numbers
By Mark Schadenberg
Royal LePage Triland
(519) 537-1553
 
Here is a chart of year-by-year sales stats for the entire Woodstock-Ingersoll District Real Estate Board.
Numbers are easily translated as it depicts how strong 2005 was and that numbers this year are good, but certainly not above average. The 2005 calendar actually started out quite slowly, but by March there were rumblings that there was a massive land consolidation occuring for a proposed Toyota manufacturing facility. When the news became official by June of that year -- in my opinion -- prices went up by 15% literally overnight. I should likely post a 2005 chart sometime as the change in the market was quite staggering.
In the meantime, if you're thinking of selling or buying, call me. Interest rates are attractive, and if you've owned your home for more than eight years you also own significant equity now.
 
 
 

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