Canadian Home Sales Hit Record Highs

Canadian home sales reached an all-time monthly high in September, while the supply of houses listed for sale declined to a record low. According to statistics released on October 15 by the Canadian Real Estate Association (CREA), national MLS® home sales rose by an additional 0.9% in September. Sales activity was up 45.6% year-over-year. Meanwhile, the inventory of homes listed for sale declined to the lowest level on record, spurring high competition for available listings. The national average sale price topped the $600,000 mark for the first time in history.

While similar trends are found in the majority of Canadian markets, bear in mind that this is the national picture. For a closer look at real estate sales and pricing in your local market, contact Gary & Debbie,  your Coldwell Banker professionals.

Welcome Fall with fun activities

Even during today’s physical distancing environment, the beauty of the fall season offers a great opportunity to get out and see nature at its best. It’s also a wonderful way to spend some creative time together to create seasonal crafts for your home.

An autumn hike can include the collection of colourful leaves, pine cones and twigs that can be used to create a fall wreath or centerpiece. You might even introduce festive elements and make it your first preparation for the coming holiday season. Many communities also offer ‘safe distancing’ outdoor visits to apple farms or a pumpkin patch, where you can participate in the fall harvest, and take home your bounty for a fun day of home baking.

Fall colours add curb appeal

Whether you’re getting your home ready for sale, or just want to give your entrance a welcoming look, nothing says curb appeal like a burst of colour. Seasonal Fall flowers like Mums are perennials, so the effort of planting them can be worth it, because they come back every year. A less labour intensive solution is to display them in urns or planters, possibly adding some evergreen boughs or twigs to ramp up the effect by adding texture and height. A coordinating wreath with vibrant fall colours can complete the effect.

But why stop there? You can refresh your look and introduce a pop of fall colour by painting your mail box, flower pots or even your front door.

Want some helpful advice about other improvements that can also add to your home’s resale value? Contact Gary & Debbie, your local Coldwell Banker professionals.