Housing market predictions for Windsor-Essex in 2023: Re/Max report
Re/Max sale sign in Windsor, Ont. on Thursday, Oct. 15 2020. (Rich Garton/CTV News Windsor)
Windsor-Essex is expected to be a 'balanced market' next year, according to the Re/Max 2023 Canadian Housing Market Outlook Report.
The average residential sales price in Windsor-Essex is anticipated to be 3 per cent higher in 2023 at $649,278.
That’s compared to an average price of $630,367 between Jan. 1 and Oct. 31, 2022.
Glen Muir, a Re/Max agent in Windsor, says there was a 15 per cent average price increase between 2021 to 2022.
Muir tells AM800 News the change to a balanced market in 2023 will make it easier as more inventory is coming on the market, giving first-time home buyers and those looking to trade up a chance to get into the market because they no longer have to go in with cash offers with no conditions and taking risks.
"People aren't going to have to make snap decisions every time. Granted the home that has been well cared for and priced well will still see lots of action," he says. "We're still seeing the odd multiple offer but not like we used to. But those are the homes that are priced right, in good areas and taken care of."
The report says 57 per cent of regions in Ontario are considered balanced markets, including London, Kitchener-Waterloo, Oakville, Barrie, GTA, Mississauga, Windsor, Lakelands West and Kingston.
On a national level, Remax Canada is predicting a decline of 3.3 per cent in average residential sales prices in 2023.
CTVNews.ca Top Stories
Russian warship armed with advanced missiles sails into western Atlantic in strategic 'chess game'
In an unusual move, the Russian Defence Ministry broadcast that one of its newest warships, the Admiral Gorshkov, had tested the strike capabilities of a hypersonic Zircon missile in a virtual drill.
Canadians fighting in Ukraine, despite no monitoring from government, speak out on war and loss
On Feb. 27, 2022, Ukrainian President Volodymyr Zelenskyy said his country needed fighters, and foreigners were welcome to join the front line in the defence against Russian aggression. Some Canadians were among the first to answer the call.
Newly discovered asteroid makes one of the closest approaches of Earth
An asteroid the size of a box truck made one of the closest passes of planet Earth ever recorded.
Home Depot gave personal data to Meta without valid customer consent: watchdog
The federal privacy watchdog says Home Depot shared details from electronic receipts with Meta, which operates the Facebook social media platform, without the knowledge or consent of customers.
Provincial governments not jumping to act on tighter alcohol warning guidelines
Politicians in charge of provincial and territorial liquor laws aren't hurrying to adopt or promote newly updated guidelines that advise a steep drop in Canadian drinking habits.
Canadians worried about the state of provincial health systems: poll
A new survey suggests the vast majority of Canadians have concerns about the state of the health-care system, particularly in Atlantic provinces where hospitals have struggled to maintain emergency services for months. Leger and The Association for Canadian Studies surveyed 1,554 Canadian adults over a two-day period in January.
Retain nurses before recruiting nurses from other provinces: association
Efforts to lure nurses from other provinces are underway in several parts of the country, but the head of a national nurses association says the poaching won't solve anything unless working conditions are improved.
Auschwitz anniversary marked as peace again shattered by war
Auschwitz-Birkenau survivors and other mourners commemorated the 78th anniversary Friday of the liberation of the Nazi German death camp, some expressing horror that war has again shattered peace in Europe and the lesson of Never Again is being forgotten.
5 things to know for Friday, January 27, 2023
Canada sends four combat-ready battle tanks to Ukraine, a Russian warship armed with advanced missiles sails into western Atlantic, and Canadians fighting in Ukraine speak out. Here's what you need to know to start your day.
Kitchener
-
Two arrested after Stratford police officer dragged by stolen pickup
Two people are facing charges after a police officer was allegedly assaulted in Stratford.
-
'Always say I love you': Ancaster mother on the grief of losing her teen son in a car crash
An Ancaster mom is mourning the death of her 19-year-old son who died in a Brant County crash on Jan. 21.
-
EXCLUSIVE
EXCLUSIVE | Ontario's indoor mask recommendation absent from Sylvia Jones’ legislature talking points, documents show
Ontario’s November indoor masking recommendation was not considered a “key message” for the health minister when speaking in the legislature at the time, documents show.
London
-
Poor highway conditions reported in the region
More overnight snow in the region has led to some poor road conditions Friday morning.
-
Fewer medical students are becoming family doctors. This family medicine resident understands why
The number of medical students specializing to become family doctors is on a downward trend — and the reasons why are already being felt by those who have just recently started their family medicine residency.
-
Western University to host viewing party for once in a lifetime phenomenon
It may be green in appearance but it isn’t envy that gives this comet its unique colour.
Barrie
-
BREAKING
BREAKING | Verdict reached in Barrie murder trial
A jury of six men and six women handed down their verdict Thursday morning for the death of Ryan Babineau, who died after suffering nearly 70 stab wounds and lacerations.
-
Barrie wants feedback on artistry at Allandale Transit Mobility Hub
The City of Barrie is seeking feedback on public art themes to be considered for the future Allandale Transit Mobility Hub.
-
Colts visit fans at RVH who were stuck by car beside the arena Dec. 1
Barrie Colts owner Howie Campbell, as well as the captain and alternate captain of the Colts, Brandt Clarke and Jacob Fraska visited the two patients at RVH this week.
Northern Ontario
-
Sudbury woman killed when snowmobile goes through ice
The body of a 29-year-old Sudbury nurse was recovered Wednesday night from a lake near Parry Sound after her snowmobile went through the ice, police say.
-
Exclusive club in Toronto fined $35K for telling man with autism he required supervision at all times
The family of a prominent Toronto artist with autism is speaking out after one of the city’s oldest private clubs demanded he be supervised at all times while using the facilities – a decision that prompted the artist to file a complaint with the Human Rights Tribunal of Ontario.
-
No reason for alarm in Canada after cough syrup deaths in other countries: health agency
Following the deaths of more than 300 children from contaminated cough syrups in several countries, Health Canada says it's been more than a decade since similar cases were identified here.
Ottawa
-
Ottawa police, bylaw increasing downtown presence on anniversary of 'Freedom Convoy' protest
Ottawa police and Bylaw Services are telling residents and visitors they will be taking a zero-tolerance approach to parking, noise and fireworks violations downtown this weekend, on the one-year anniversary of the 'Freedom Convoy' demonstration.
-
Murder suspect, 18, arrested in Ottawa Valley
Police in Renfrew County have arrested an 18-year-old suspect after a homicide Wednesday night.
-
NEW THIS MORNING
NEW THIS MORNING | What's happening in Ottawa this weekend: Jan. 27-29
CTVNewsOttawa.ca looks at things to do in Ottawa, eastern Ontario and western Quebec during the final weekend of January.
Toronto
-
EXCLUSIVE
EXCLUSIVE | Ontario's indoor mask recommendation absent from Sylvia Jones’ legislature talking points, documents show
Ontario’s November indoor masking recommendation was not considered a “key message” for the health minister when speaking in the legislature at the time, documents show.
-
Exclusive club in Toronto fined $35K for telling man with autism he required supervision at all times
The family of a prominent Toronto artist with autism is speaking out after one of the city’s oldest private clubs demanded he be supervised at all times while using the facilities – a decision that prompted the artist to file a complaint with the Human Rights Tribunal of Ontario.
-
Doug Ford, Sylvia Jones to mark milestone for Brampton medical school
Ontario Premier Doug Ford will “mark a major milestone” for a new medical school in Brampton, Ont. late Friday morning.
Montreal
-
Son charged in killing of mother in Montreal's 1st homicide of the year
A 28-year-old son has been charged with second-degree murder in the death of his mother Wednesday morning in Montreal's Centre-Sud neighbourhood.
-
Quebec police arrest dozens of people for alleged child sex offences
Dozens of people were arrested this week for alleged child sex offences across Quebec during a mass mobilization of police officers in several jurisdictions.
-
West Island photographer aims to build back after devastating fire
In 2021, 22-year-old Taylor Halperin moved BEEhind The Lens Photography into a new home: a studio on St-Charles Boulevard in Pierrefonds-Roxboro. Early Wednesday morning, her studio and several businesses next door caught fire.
Atlantic
-
Thousands of Maritimers still without power after Thursday storm
Thursday’s wet and windy storm has knocked out power to thousands of people in the Maritimes, most of which are in Nova Scotia.
-
Yarmouth man found guilty of second-degree murder in death of Colton Cook
A jury has delivered a guilty verdict in the 2020 murder of a Yarmouth, N.S., area man.
-
Gas prices increase across the Maritimes
The price of gas and diesel increased in all three Maritime provinces overnight.
Winnipeg
-
Winter weather causing school bus cancellations, highway closures in Manitoba
The winter weather conditions across Manitoba have caused some highway closures and school bus cancellations on Friday morning.
-
Manitoba sending second round of cheques to help with inflation
The Manitoba government is issuing a second round of cheques to help people deal with inflation in a move that critics say has more to do with boosting the governing Progressive Conservatives' chances in the next election.
-
Canada’s second infant safe surrender site coming to rural Manitoba fire hall
A fire hall in a rural Manitoba community is set to become home to the country’s second safe surrender site for infants.
Calgary
-
'We are at a crossroads': Alberta premier pens open letter to Trudeau over proposed 'just transition' legislation
In an open letter to Prime Minister Justin Trudeau, Alberta Premier Danielle Smith once again expressed concerns over the federal government's proposed legislation to move the country away from high-polluting jobs.
-
WEATHER
WEATHER | Cold weekend for Calgary following flurry-filled Friday morning
Chilly days ahead; cool – but not cold – in Calgary next week.
-
Police hunt woman in connection to incident that saw victim run over and robbed, in that order
Calgary police have arrested one suspect and are still looking for another in connection to a December incident in a southwest parking lot that left the victim severely injured.
Edmonton
-
Canadians worried about the state of provincial health systems: poll
A new survey suggests the vast majority of Canadians have concerns about the state of the health-care system, particularly in Atlantic provinces where hospitals have struggled to maintain emergency services for months. Leger and The Association for Canadian Studies surveyed 1,554 Canadian adults over a two-day period in January.
-
Slow-burning, independent Canadian horror film yields international success
The immersive, slow-burn experience viewers get from "Skinamarink" is the antithesis of seconds-long videos seen on TikTok, a platform that helped create buzz for the low-budget Canadian horror film months before its release.
-
Sport Chek pulls out of Edmonton City Centre as mall highlights 'significant safety issues'
One of the biggest tenants in Edmonton City Centre (ECC) mall is closing its doors for good.
Vancouver
-
VPD Const. Nicole Chan was released from hospital hours before suicide, inquest hears
A coroner's inquest into Nicole Chan's death heard testimony Thursday about the Vancouver police officer's visit to the hospital just hours before she took her own life in 2019.
-
'She was a nightmare': Parent, former staff member speak out on ex-principal accused of stealing $170K from East Van school
More people are coming forward after the Vancouver School Board filed a lawsuit against former principal Tricia Low, also known as Tricia Rooney.
-
'A lot of uncertainty': B.C. has highest number of avian flu outbreaks in Canada
Fourteen months after Dave Martens' chicken barns on Abbotsford's Sumas Prairie were flooded, the repairs are almost complete and he finally has birds again. Now, he's trying to keep it that way.