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Market Updates Grey Bruce MLS® Home Sales Surge in 2024 OnePoint Association of REALTORS® – Grey Bruce and Owen Sound MLS® home sales surge in 2024.   The number of homes sold in Grey Bruce and Owen Sound via the MLS® System of the OnePoint Association of REALTORS® totaled 116 units in December 2024. This was a jump of 81.3% from December 2023. Home sales […]
Market Updates Bank of Canada Reduces Policy Rate to 3% The Bank of Canada (BoC) has made a significant move in its monetary policy, reducing its key interest rate and announcing the end of quantitative tightening. This decision, announced on January 29, 2025, has important implications for the Canadian economy and individual Canadians. Let’s break down the key points and their potential impact.   The […]
Market Updates December 2024 Real Estate Market Update Board & Association Information OnePoint Association of REALTORS® serves as a unified body representing almost 3,000 real estate professionals across the regions of Huron, Perth, Grey, Bruce, Wellington, Georgian Bay, Simcoe, Parry Sound, Haliburton and Muskoka.   Related: November 2024 Real Estate Market Update   *IMPORTANT: Due to the transition, December data is not 100% accurate as […]
Market Updates Bank of Canada Reduces Policy Rate by 50 Basis Points to 3.25% The Bank of Canada (BoC) has made a significant move in its final interest rate announcement of 2024, cutting the key policy rate by 50 basis points to 3.25%14. This marks the fifth consecutive rate cut since June, signaling the central bank’s ongoing efforts to stimulate economic growth and maintain inflation near its 2% target. […]
Market Updates November 2024 Real Estate Market Update OnePoint Association of REALTORS® – Grey Bruce and Owen Sound MLS® home sales rocket up to above-average levels in November.   The number of homes sold in Grey Bruce and Owen Sound via the MLS® System of the OnePoint Association of REALTORS® totaled 228 units in November 2024. This was an advance of 43.4% from […]
October 2024 Real Estate Market Update MLS® home sales continue to surge for second straight month in October 2024.   The number of homes sold in Grey Bruce and Owen Sound via the MLS® System of the OnePoint Association of REALTORS® totaled 238 units in October 2024. This was up sharply by 32.2% from October 2023.   Home sales were 7.1% […]
Buying Bank of Canada Reduces Policy Rate to 3.75% The Bank of Canada (BoC) has once again made headlines with its latest monetary policy decision, cutting its key interest rate by a substantial 50 basis points to 3.75%. This move, announced on October 23, 2024, marks the fourth consecutive rate cut this year and signals a significant shift in the central bank’s approach to […]
September 2024 Real Estate Market Update REALTORS® Association of Grey Bruce Owen Sound reports MLS® home sales surge in September.   The number of homes sold through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound totaled 257 units in September 2024. This was a jump of 42.8% from September 2023.   Home sales were 5% below the […]
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August 2024 Real Estate Market Update REALTORS® Association of Grey Bruce Owen Sound MLS® home sales continue to show signs of picking up in August.   The number of homes sold through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound totaled 236 units in August 2024. This was an increase of 7.8% from August 2023.   Home […]
Buying Rate Announcement: How the Bank of Canada’s Decision Affects You The Bank of Canada has announced its third consecutive interest rate cut, lowering the overnight rate target to 4.25%. This decision comes as inflation continues to moderate and economic growth shows signs of softening. Economic Context The Canadian economy grew by 2.1% in the second quarter, slightly stronger than anticipated. However, recent indicators suggest economic […]
Market Updates July 2024 Real Estate Market Update REALTORS® Association of Grey Bruce Owen Sound MLS® home sales continue to build momentum in July.   The number of homes sold through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound totaled 262 units in July 2024. This was up by 9.2% from July 2023.   Home sales were 7.4% below […]
June 2024 Real Estate Market Update REALTORS® Association of Grey Bruce Owen Sound MLS® home sales remain subdued in June.    The number of homes sold through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound totaled 242 units in June 2024. This was a substantial decline of 18% from June 2023.   Home sales were 22.6% below […]
Market Updates May 2024 Real Estate Market Update REALTORS® Association of Grey Bruce Owen Sound MLS® home sales reach plateau as new supply continues to rise.   The number of homes sold through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound totaled 276 units in May 2024. This was a moderate decrease of 8.6% from May 2023.   Home […]
Market Updates April 2024 Real Estate Market Update REALTORS® Association of Grey Bruce Owen Sound MLS® new listings continue to outpace sales, driving inventories higher.   The number of homes sold through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound totaled 239 units in April 2024. This was a small gain of 2.1% (five sales) from April 2023. Home […]

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