Call Durham Region Home - Real Estate Blog

I have listed a new property at 511 360 Watson ST W in Whitby.
Welcome To This Rarely Offered Immaculate Mistral Model In The High Demand Sail-Winds Condo Bldg. Offers 1,102 Sq Ft Of Spacious Living And 2 U/G Parking Spots. The Spacious Master Bedroom Has A Walk-In Closet, Full Ensuite With A Separate Shower And Jacuzzi Tub. 2nd 3 Pc Bath, Large Living And Dining Area, Ensuite Laundry And Good Sized Balcony, To View Spectacular Sunsets. Fees Include Building Insurance, Hydro, Heat, Cable And Internet.
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Looking back on 2020, it is definitely one for the record books. It was a tough year and some days were harder than others that’s for sure, but there was a silver lining in 2020.  Communities seemed to come together and we got to know our neighbours a little better. We all owe a debt of gratitude to the front line workers, health care providers, sanitation crews, grocery store clerks, delivery drivers and everyone who served the community throughout the year.  We must also continue to support all the local businesses as they make it through these tough times. 

If we think back to March of last year most people were not predicting the real estate market to do this well and many predicted the complete opposite. I guess hindsights 2020. We now know that while the pandemic has wreaked economic havoc on some, for others it has had the opposite effect. This opportunity for some to save, the extremely low cost of borrowing and the emerging trend of working remotely has fuelled the market. Couple this with the low inventory of homes and boom prices go up.  There doesn’t seem to be any major changes coming, so I anticipate the upward trajectory to continue, at least through the first half of 2021.  If we can vaccinate enough of the population where we start seeing service, entertainment, tourism and immigration returning, then look for the condo segment to start bouncing back as people move back into the cities core, which may help to balance the market later in the year.  

Highlights from 2020 reported by TRREB.

  • After a noticeable dip in activity between March and April market conditions improved dramatically and the second half of the year saw consecutive months of record sales and average selling prices.
  • 95,151 sales were reported through TRREB’s MLS® System – an increase of 8.4 per cent compared to 2019. 
  • Sales growth was strongest year over year in the regions surrounding Toronto, particularly for single-family home types.

We have been working on some exciting things for 2021 and are looking forward to helping our clients acheive all of their real estate goals this year. Stay safe and please feel free to reach out if you have questions or are looking at making a move this year.

Best regards,

The JSA team

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The Greater Toronto Area housing market followed an unfamiliar path in 2020. Following the steep COVID-induced drop-off in demand during the spring, home sales roared back to record levels throughout the summer and fall. A strong economic rebound in many sectors of the economy, ultra-low borrowing costs and the enhanced use of technology for virtual open houses and showings fuelled and sustained the housing market recovery.

–Lisa Patel, TREB President

While the housing market as a whole recovered strongly in 2020, there was a dichotomy between the single-family market segments and the condominium apartment segment. The supply of single-family homes remained constrained resulting in strong competition between buyers and double-digit price increases. In contrast, growth in condo listings far-outstripped growth in sales. Increased choice for condo buyers ultimately led to more bargaining power and a year-over-year dip in average condo selling prices during the last few months of the year.

– Jason Mercer, Director, Market Analysis, TREB

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We have experienced remarkable real estate market results in November 2020 in Durham Region with double-digit home value increases. This has been driven by historic low-interest rates and in part the effect of the COVID - 19 pandemic and tightening markets in land-based detached, semi-detached and townhome homes. For more information about the current market conditions in the Durham Region and how they will affect the value of your home please give us a call at 905-434-2022 or text 905-409-9967, we are here to answer all your questions.  

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#DurhamRealEstate #MarketWatch #RealEstateSalesStats  #PickeringRealEstate #AjaxRealEstate #WhitbyRealEstate #OshawaRealEstate #ScugoggRealEstate #MyFallingbrookRealEstate #PringleCreekRealEstate #JimStantonandAssociates #JimStantonRealtor #BungalowDen #BungalowJim #BenStantonRealtor #BrianStantonRealtor #SellwithStanton  #StantonSells #HomeValues #soldoverlistprice #Soldoverasking  #SuttonHeritage

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Below, TRREB has gathered a list and links of coverage from national, provincial, and local media outlets

Stay tuned to your email inbox next month for the October issue of Market Watch to Your Inbox.

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GTA REALTORS® Release August Stats

Toronto Regional Real Estate Board (TRREB) President Lisa Patel announced that the strong rebound in Greater Toronto Area (GTA) home sales continued with a record result for the month of August. GTA REALTORS® reported 10,775 residential sales through TRREB’s MLS® System in August 2020 – up by 40.3 per cent compared to August 2019.

Sales were up on a year-over-year basis for all major home types, both in the City of Toronto and surrounding GTA regions. It should be noted that the low-rise market segments, including detached and semi-detached houses and townhouses, were the drivers of sales growth. Condominium apartment sales were up on an annual basis for the second straight month but to a lesser degree.

“Increased demand for ownership housing has been based on improving economic conditions, in terms of monthly GDP growth and job creation, and the continuation of very low borrowing costs. In addition, fewer households have chosen to go on vacation as a result of COVID-19 and instead have remained in the GTA and been active in the housing market, satisfying pent-up demand from the spring,” said Ms. Patel.

Both the number of new listings entered into TRREB’s MLS® System during the month and the number of active listings at the end of the August 2020 were up on a year-over-year basis. While new listings were up strongly for all home types, growth in new condominium apartment listings far outstripped growth in the other market segments.

“Generally speaking, market conditions remained very tight in the GTA resale market in August. Competition between buyers was especially strong for low-rise home types, leading to robust annual rates of price growth. However, with growth in condominium apartment listings well-outstripping condo sales growth, condo market conditions were comparatively more balanced, which was reflected in a slower pace of price growth in that segment,” said Jason Mercer, TRREB’s Chief Market Analyst.

The MLS® Home Price Index Composite Benchmark was up by 11.1 per cent in August 2020 compared to August 2019. Over the same period, the overall average selling price was up by 20.1 per cent to $951,404. Annual detached and semi-detached sales growth was stronger in the comparatively more-expensive City of Toronto compared to the surrounding GTA regions, which helps explain why growth in the overall average selling price outstripped growth in the MLS® HPI Composite Benchmark.

#DurhamRealEstate #MarketWatch #RealEstateSalesStats  #PickeringRealEstate #AjaxRealEstate #WhitbyRealEstate #OshawaRealEstate #ScugoggRealEstate #MyFallingbrookRealEstate #PringleCreekRealEstate #JimStantonandAssociates #JimStantonRealtor #BungalowDen #BungalowJim #BenStantonRealtor #BrianStantonRealtor #SellwithStanton  #StantonSells 

#HomeValues #soldoverlistprice #Soldoverasking 

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I have listed a new property at Lynde Creek, Whitby.
Must See Immaculate 3+1 Bed. 5 Level Side-Split W/ Gorgeous I/G Pool In Whitby's Sought After Lynde Creek Features Finished Throughout All 5 Levels / Modern Open Concept Kitchen With Quartz Counters/Tile Backsplash/Breakfast Counter / Stainless Appliances California Shutters And A Large Dining Area Overlooking The Pool / Main Floor Family Room Overlooking Pool / Landscaped Yard W/ Hardwood Flrs /Crown Moulding / W/O To Deck/Pool.
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I have listed a new property at 852 Logan CRT in Oshawa.
Must See! Jeffery Built Raised Bungalow Situated On A Quiet Court In The North Oshawa's Deer Valley Neighbourhood On The Border With The Town Of Whitby. This Immaculate Home Features Spacious Living And Dining Rooms, Large Eat-In Kitchen With W/O To The Sunroom Which Overlooks The Rear Deck, Pie-Shaped Fenced Back Yard, 3 Bedrooms / Finished Rec Room With Gas Fireplace, Newer Windows, Roof 2017, Furnace 2012, Upgraded Attic Insulation 2018. Your New Home Comes With A 200 Amp Service, Central Vac And Is Within Walking Distance To Griffith Park To Schools/Community
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Must See! Jeffery built raised bungalow situated on a quiet court in the north of Oshawa’s Deer Valley neighbourhood on the border with the Town of Whitby. 

Call or text Jim for more details 


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I have listed a new property at 11 Pridham CRT in Ajax.
Must See - 3 Bedroom Home Situated On Fabulous Child Safe Court Location In Sought After South Ajax Discovery Bay! Features Include A Gorgeous Renovated Kitchen W/ Granite Counters / Under Cabinet Lighting And Newer Appliances! / 3 Bathrooms,2 Pc Powder Room On The Main Floor 4 Pc Bath Totally Reno'd / 3 Pc Bath Off The Finished Rec Room. There Is A Walkout From The Living Room To A Hard Landscaped Patio And Good Sized Fenced Yard And Kidkraft Swing Set. Your New Home Is Close To Schools/Community Arena/Rec Centre, Shopping, Go Train, 401 Are Nearby And The Gorgeous Lakeside Trail And Park!
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With historically Low-interest Rates and a shortage of Homes Listed For Sale, we are seeing  Home Prices Rise in Durham Reg!on! All this is happening with the current worldwide COVID 19  pandemic, which has changed the way we work and socialize. More businesses have employees working remotely from their homes which is creating an added demand for the supply of homes and even rural homes, lakefront and cottage properties are in hi demand causing a Seller's Market. Areas that have better supply oh housing inventory are areas east and north of the GTA, such as the City of Kawartha Lakes,  Peterborough, Northumberland County, Quite West and the Bellville area. For more information about the current market values and conditions Call or Text us today at 905-409-9967 Office 905-434-2022. Email 

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There is a ton to do in Durham region and one thing my family (Brian) has made a bit of a tradition of is visiting the Oshawa Valley Botanical Gardens each June for the Annual Peony Festival. I'm not a huge flower guy but it is a beautiful spot right in the heart of downtown Oshawa.
This year's a lot different with physical distance being essential as we cope with COVID-19 but we still made our annual trip and as usual the gardens didn't let us down.
In a typical year mid-June marks the start of the Peony Festival when the gardens at Children's Arena are in full bloom. There's usually an outdoor market and food trucks. You can tour the gardens, walk along the creek, take in lunch under the shade of one of the many mature trees or take your kids to the park.
If you haven't experienced the gardens yet check them out. You can go anytime.
Set location in the post to The Oshawa Valley Botanical Gardens, 155 Arena St, Oshawa, ON L1J 4E8

If you want to know about this year's Peony Festival, it started on June 8 and runs to the 26th. Like many events it will be virtual due to COVID-19 but you can still visit the gardens, just practice physical distancing. To find out more check out
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I have listed a new property at 29 Regatta CRES in Whitby.
Spacious Open Concept Semi-Detached In Sought After Whitby Shores Features 3 Large Bedrooms, 3 Baths, Master W/ 4Pc Ensuite And W/I Closet, Hardwood & Ceramic Throughout The Main Floor, Eat-In Kitchen + Pantry W/O To Raised Deck & Private Fenced Yard. Professionally Finished Basement, Separate Living/Dining Room, Garage Access From Inside. Roof 4Yrs Furnace Feb 2020
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