Real Estate Market Tag

01 Mar Weekly Market Update February 15-21

Faris Team CEO and Broker, Mark Faris, says that thanks to last week's boost in inventory, Orillia, Midland and areas are reporting increased sales. New listings to homes sold remain neck and neck, which keeps months of inventory low across all markets: Midland sits at 1.0 and Barrie and Orillia at just 0.7.

19 Feb Weekly Market Update February 8-14

Faris Team CEO and Broker, Mark Faris, says that eight properties sold over $1M in Orillia and area this week, bumping the average sale price way up to over $800K. Although this market has seen healthy activity for some time now, we'll likely see that number regulate next week.

10 Feb January Market Update 2021/ 2020

Faris Team CEO and Broker, Mark Faris, says January 2021 was a record-breaking month, and active listings reached historical lows. 

10 Feb Working From Home: Your Tax Return Made Easy

Last year, many Canadians unexpectedly had to work from home which resulted in millions of pop-up work spaces in their kitchens, bedrooms and living rooms. In response, the Canada Revenue Agency (CRA) has made the home office expenses deduction available to more Canadians, and simplified the way employees can claim these expenses on their personal income tax return for the 2020 tax year.Here’s what you need to know about claiming home office expenses this tax season.

05 Feb Weekly Market Update January 25-31

Faris Team CEO and Broker, Mark Faris, says new listings are up again this week, but sales are keeping pace. The result? Months of inventory are at historic lows, telling us it would take just weeks to sell through all active listings if nothing new came on the market.