Parry Sound Real Estate Reflections and Projections

February 11, 2021

Parry Sound – The year 2020 left almost every industry reeling from unprecedented change in response to the pandemic. Real estate was especially impacted as buyer demand for more green space and a desire to relocate to regions outside of the GTA, including cottage country, skyrocketed.

“The market was quite feverish throughout the areas of Parry Sound, Muskoka, Haliburton and Orillia,” says Chuck Murney, president of The Lakelands Association of Realtors® Board of Directors. “Across all regions, the number of sales rose an average of 21 percent. We saw a 42 percent increase in waterfront property sales, and the average sale price jumped 27 percent.”

The association represents over 800 realtors® in these four regions – all offer the wide-open spaces, larger properties and access to nature that people were seeking, in most cases only a couple of hours away from the GTA.

In Parry Sound, the number of waterfront sales increased by approximately 35 percent between 2019 and 2020. The number of non-waterfront sales has risen by approximately 14 percent.

Prices have risen as well, as even the most casual observer has likely noticed, with waterfront and non-waterfront properties going up by approximately 24 percent and 18 percent, respectively.

Looking ahead to the coming year Murney predicts that the relocation trend will continue. “The investment in cottage country properties will continue to push the market higher throughout 2021, affected by a desire to escape urban centres coupled with a severe lack of properties for sale.”

Murney isn’t certain that last year’s surge in sales, driven by cottagers cashing in on rising property values, will continue. “It is hard to say whether we will have the same bump in available properties which could make 2021 an even tighter market than 2020.”

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Crystal Henderson, CRAE, e-PRO®
Executive Director
The Lakelands Association of REALTORS®
34 Cairns Cres.| Huntsville, ON P1H 1Y3
705-788-1504 x 222
chenderson@thelakelands.ca

Muskoka Real Estate Reflections and Projections

February 11, 2021

Huntsville – The year 2020 left almost every industry reeling from unprecedented change in response to the pandemic. Real estate was especially impacted as buyer demand for more green space and a desire to relocate to regions outside of the GTA, including cottage country, skyrocketed.

“The market was quite feverish throughout the Parry Sound, Muskoka, Haliburton and Orillia,” says Chuck Murney, president of The Lakelands Association of Realtors® Board of Directors. “Across all regions, averages went up. The average number of sales rose 21 percent. We saw a 42 percent increase in waterfront properties sales, and the average sale price jumped 27 percent.”

The association represents over 800 realtors® in these four regions – all offer the wide-open spaces, larger properties and access to nature that people were seeking, in most cases only a couple of hours away from the GTA.

In Muskoka the number of waterfront seeds increased by approximately 50 percent between 2019 and 2020. The number of non-waterfront sales rose by approximately 13 percent.

Prices went up significantly well, as even the most casual observer has likely noticed, with waterfront and non-waterfront properties going up by approximately 25 percent and 20 percent, respectively.

Heather Scott, a local realtor® who represents the Muskoka region on the Lakelands Association Board of Directors observed the spike firsthand. “Demand for second homes and cottages in Muskoka skyrocketed in 2020,” she says. “We don’t see this trend changing in 2021. Buyers are making decisions for the future and they want more space, more elbow room, so to speak.”

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Crystal Henderson, CRAE, e-PRO®
Executive Director
The Lakelands Association of REALTORS®
34 Cairns Cres.| Huntsville, ON P1H 1Y3
705-788-1504 x 222
chenderson@thelakelands.ca

Haliburton Real Estate Reflections and Projections

February 11, 2021

Haliburton – The year 2020 left almost every industry reeling from unprecedented change in response to the pandemic. Real estate was especially impacted as buyer demand for more green space and a desire to relocate to regions outside of the GTA, including cottage country, skyrocketed.

“The market was quite feverish throughout the Parry Sound, Muskoka, Haliburton and Orillia,” says Chuck Murney, president of The Lakelands Association of Realtors® Board of Directors. “Across all regions, averages went up. The average number of sales rose 21 percent. We saw a 42 percent increase in waterfront properties sales, and the average sale price jumped 27 percent.”

The association represents over 800 realtors® in these four regions – all offer the wide-open spaces, larger properties and access to nature that people were seeking, in most cases only a couple of hours away from the GTA.

Andrew Hodgson – a broker of record who represents the Haliburton region on the association board saw the shift firsthand. “All sectors saw incredible growth as people flocked to Haliburton County as a place to live and work,” he says.  “Haliburton County experienced an incredible year for real estate in 2020.  After losing the spring market, we more than made up for it with a 40 percent increase in sales volume for waterfront properties and 32 percent increase in sales volume for non-waterfront.”

Looking ahead to how 2021 will turn out, Hodgson predicts that the demand will only continue given the appeal of the region. “I see another very active market, especially in the spring.  We have the perfect community to attract people looking for a part-time or a permanent home.  The trend of leaving urban areas, working from home, boomers relocating and downsizing, have all set us up for a very positive short- and long-term future.”

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Crystal Henderson, CRAE, e-PRO®
Executive Director
The Lakelands Association of REALTORS®
34 Cairns Cres.| Huntsville, ON P1H 1Y3
705-788-1504 x 222
chenderson@thelakelands.ca

Orillia Real Estate Reflections and Projections

February 11, 2021

Orillia – The year 2020 left almost every industry reeling from unprecedented change in response to the pandemic. Real estate was especially impacted as buyer demand for more green space and a desire to relocate to regions outside of the GTA, including cottage country, skyrocketed.

“The market was quite feverish throughout the Parry Sound, Muskoka, Haliburton and Orillia,” says Chuck Murney, president of The Lakelands Association of Realtors® Board of Directors. “Across all regions, averages went up. The average number of sales rose 21 percent. We saw a 42 percent increase in waterfront properties sales, and the average sale price jumped 27 percent.”

The association represents over 800 realtors® in these four regions – all offer the wide-open spaces, larger properties and access to nature that people were seeking, in most cases only a couple of hours away from the GTA.

D’Arcy Hunt, a real estate broker who represents the Orillia region, and is president-elect on the association board experienced the surge firsthand.  “The Sunshine City and its neighbouring townships of Oro-Medonte, Ramara and Severn experienced unprecedented growth as people migrated to the area as a place to live and work,” says Hunt. “Simcoe County experienced an incredible year for real estate in 2020.  The City of Orillia, which is ideally located on a major highway and just over an hour to Toronto, saw the average home price increase by 28 percent.”

Looking ahead to how 2021 will compare to 2020, Hunt predicts that these trends will continue because of a lack of housing supply in the market and strong demand from local residents as well as those relocating from the GTA. In January, he says that most properties in the region had multiple offers and homes sold for approximately $50,000 – $100,000 over the asking price. “Orillia has all the amenities and the geographic location that attracts people looking for a seasonal or permanent home.  In addition to the trend of people leaving high-density living and being able to work from home, millennials are entering the housing market and boomers are retiring and downsizing, our local market is set up for a very positive short- and long-term future.”

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Crystal Henderson, CRAE, e-PRO®
Executive Director
The Lakelands Association of REALTORS®
34 Cairns Cres.| Huntsville, ON P1H 1Y3
705-788-1504 x 222
chenderson@thelakelands.ca

 

Lakelands Association of Realtors® Donate to Local Shelter-Based Charities

December 4, 2020

Huntsville – The Lakelands Association of REALTORS® is continuing its tradition of supporting local shelter-based charities, donating a total of $21,704 to organizations in the regions they serve: Muskoka Women’s Advocacy Group (Bracebridge/Huntsville); H.E.R.S Emergency Rural Safe Space Women’s Shelter (Haliburton); Esprit Place Women’s Shelter (Parry Sound); Lighthouse Shelter/Community Kitchen (Orillia); and the United Way (Simcoe Muskoka). The donations were announced during REALTORS Care® Week- a national initiative held November 23 -27. In response to the upheaval of COVID-19, focus of this year’s initiative was homelessness.

“The pandemic has had made difficult lives even harder,” says Chuck Murney, president of the Lakelands Association of REALTOR® Board of Directors. “Our organization believes in supporting the communities in which we work. These donations reflect our organization’s principles about access to safety, food and a roof over your head.”

Several of the charities the association is supporting provide a haven for women and children. Shelter Voices – a recent national survey by Women’s Shelters Canada – has shed some light on women fleeing violence during the COVID-19 pandemic. Those turning to shelters are reporting more violence that is also increasing in severity.

“It has been a tremendously challenging year for those we serve,” says Kim Dolan, Executive Director, YWCA Peterborough Haliburton. “Now, more than ever, organizations like ours really need this kind of support, from individuals and organizations like The Lakelands Association of Realtors. On behalf of the women and children we support at our Haliburton Emergency Rural Safe Space (HERS) as well as the counselling and support programs at the Women’s Centre, we are deeply grateful for their support.”

Members of the association also attended a virtual conference about homelessness on November 24 as part of REALTORS Care® Week.
“Our profession is about more than buying and selling homes,” says Murney. “It’s about giving back and demonstrating our values in meaningful ways.”

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CONTACT
Crystal Henderson, Executive Director, The Lakelands Association of REALTORS®
705-788-1504 x 222

New Board of Directors Selected for The Lakelands Association of REALTORS®

November 24, 2020

Huntsville, ON – The Lakelands Association of Realtors® members have selected their board of directors for 2020-21. Their representatives are: Chuck Murney (Parry Sound), Catharine Inniss (Port Carling), D’Arcy Hunt (Orillia), Lindsay Elizabeth Elder (Minden), Heather Scott (Port Carling), Andrew Hodgson (Haliburton), Anastasia Langiano (Orillia), and Bonnie Looby (Magnetawan).

The association represents over 800 Realtors® in Parry Sound, Muskoka, Haliburton, and Orillia. Board representatives are elected by the association’s members. The board makes a variety of decisions on behalf of members, from political action priorities, to how to distribute funds for charitable causes, and professional development opportunities.

Langiano and Looby are new to the board this year. Murney is this year’s president, taking the helm after Inniss served in 2019-20. Murney has been involved in board activities for most of his career, including a term as president of the former Parry Sound Real and Area Association of Realtors® and three years on The Lakelands Association of Realtors® board. “As we step towards a new year and the end of a crazy 2020, our members have proven their professionalism and ability to adapt,” he says. “Our members have been working through the stresses of Covid-19 and the business lockdowns that have come with it, all while maintaining the highest standards in client service. It’s been remarkable and I’m proud to represent them.” This year, while stressful, was also one of the busiest on record in terms of demand for real estate in the Lakelands regions.

Looking ahead to the coming year, Murney is confident that The Lakelands Association of Realtors® Board of Directors and all of its members will be better equipped than ever to rise to any potential challenges that 2021 may bring. “Our local Realtors® are looking forward to continuing to meet the demands of their clients going into the new year and transferring the many lessons learned from this past year to whatever challenges lay ahead.”
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CONTACTS:
Crystal Henderson, Executive Director
chenderson@thelakelands.ca
(705) 788-1544 ext. 222

Kelly Warr, Operations Manager
kelly@thelakelands.ca
(705) 788-1544 ext. 229

Facebook: @TheLakelandsAssociation
Twitter: @TheLakelands
Instagram: @lakelands.realtor.association

Local REALTORS® Support the Sharing Place Food Centre

HUNTSVILLE– The Lakelands Association of REALTORS® has donated to the Sharing Place Food Centre as part of their Ontario REALTORS Care® and Tragic Relief Fund programs. This financial support is in response to the pandemic, the impacts of which are being felt by hundreds of local families and individuals, as well as the people who are working tirelessly to help feed the region’s most vulnerable residents.

“It was wonderful to receive the generous donation from The Lakelands Association of REALTORS® during COVID-19,” says Chris Peacock, Executive Director of The Sharing Place Food Centre. “The economic impact and job losses during this time have made it difficult for many families and individuals to afford food. The support we received allows us to invest in fresh, healthy food for many vulnerable households across our region.”

According to Food Banks Canada, the number of people requiring help has skyrocketed by at least 20 percent in most regions across the country since the lockdown began, with projections that these numbers will continue to rise in the weeks and months to come.
The Sharing Place provides a four-day emergency supply of healthy food once a month to families and individuals who identify as food insecure and 32 percent of their members are children. This type of support from the corporate sector is vital.

“During these unprecedented times, the most vulnerable members of our community have been impacted the hardest,” says local REALTOR® D’Arcy Hunt who represents Orillia on The Lakelands Association of REALTORS® Board of Directors. “It is important for our association to assist our community by giving back. By donating to the local food bank in Orillia, local REALTORS® are giving a helping hand in the hope that none of our local citizens have to go hungry to keep a roof over their head.”

Between the two organizations – the association’s Tragic Relief Fund and The Ontario REALTORS Care® Foundation – The Lakelands Association of REALTORS® has donated $10,780 to food banks in the regions they represent (Haliburton, Muskoka, Orillia and Parry Sound) in response to the pandemic.

Provincially, the Ontario Real Estate Association (OREA) has donated $480,000 to Ontario shelters and shelter-based charities through the Ontario REALTORS Care® Foundation. OREA’s donation will reach the most vulnerable populations through more than 50 shelters and food banks across Ontario.
________________________________________________________

The Ontario REALTORS Care® Foundation, formerly the Ontario Real Estate Association (OREA) Foundation was established in 1967. The Foundation supports shelter-based charitable organizations across Ontario, making a difference in the lives of people and communities where REALTORS® live and conduct business.

The Lakelands Association of REALTORS® holds a Tragic Relief fund in their budget to help support significant local causes. The committee responsible for the fund considers tragic events throughout Parry Sound, Muskoka, Orillia and Haliburton that require an injection of funds to prevent further impact.

For more information contact:
Crystal Henderson, Executive Director of The Lakelands Association of REALTORS®
chenderson@thelakelands.ca

Local REALTORS® Donate to Muskoka Food Banks

HUNTSVILLE– The Lakelands Association of REALTORS® has donated to The West Muskoka Food Bank (Port Carling), The Salvation Army Food Bank (Gravenhurst), The Manna Food Bank (Bracebridge), The Table Foundation (Huntsville) and The Burk’s Falls and District Food Bank as part of their Ontario REALTORS Care® and Tragic Relief Fund programs. This financial support is in response to the pandemic, the impacts of which are being felt by hundreds of local families and individuals, as well as the people who are working tirelessly to help feed the region’s most vulnerable residents.

“We extend our heartfelt appreciation to The Lakelands Association of REALTORS® for their timely financial donation,” says Heather Cassie, CEO of The Table Foundation. “During this difficult time, many in our community have reached out for support. It is because of generous people and businesses, like the association, that we are able to continue to provide our services.”

According to Food Banks Canada, the number of people requiring help has skyrocketed by at least 20 percent in most regions across the country since the lockdown began, with projections that these numbers will continue to rise in the weeks and months to come. This type of support from the corporate sector is vital.

“We are so thankful for the generous donation received from the Lakelands Association of REALTORS®,” says Joy Murphy, who is a coordinator at the Burk’s Falls and District Food Bank.
“Donations such as this go a long way in helping us to provide our clients with a more healthy and nutritious diet, enabling us to purchase fresh fruits and vegetables and some dairy products that they would not normally have access to.” Murphy says that a lot of their clients are also dealing with physical disabilities and other health problems; having access to healthy food plays an essential role in improving their day-to-day lives and overall health.

“REALTORS® care deeply about our communities,” says Port Carling REALTOR® Catharine Inniss, who is president of The Lakelands Association of REALTORS® Board of Directors. “We believe that now more than ever, we need to support those who are most vulnerable. We know that members of our association are proud to be part of a profession that extends itself with these types of initiatives.”

Between the two organizations – the association’s Tragic Relief Fund and The Ontario REALTORS Care® Foundation – The Lakelands Association of REALTORS® has donated $10,780 to food banks in the regions they represent (Haliburton, Muskoka, Orillia and Parry Sound) in response to the pandemic.

Provincially, the Ontario Real Estate Association (OREA) has donated $480,000 to Ontario shelters and shelter-based charities through the Ontario REALTORS Care® Foundation. OREA’s donation will reach the most vulnerable populations through more than 50 shelters and food banks across Ontario.

_______________________________________________________________

The Ontario REALTORS Care® Foundation, formerly the Ontario Real Estate Association (OREA) Foundation was established in 1967. The foundation supports shelter-based charitable organizations across Ontario, making a difference in the lives of people and communities where REALTORS® live and conduct business.

The Lakelands Association of REALTORS® holds a Tragic Relief fund in their budget to help support significant local causes. The committee responsible for the fund considers tragic events throughout Parry Sound, Muskoka, Orillia and Haliburton that require an injection of funds to prevent further impact.

Contact:
Crystal Henderson, Executive Director of The Lakelands Association of REALTORS®
chenderson@thelakelands.ca

Local REALTORS® Support Parry Sound Harvest Share

The Lakelands Association of REALTORS® has donated to Parry Sound Harvest Share as part of their Ontario REALTORS Care® and Tragic Relief Fund programs in an effort to help support the families and individuals who are feeling the impact of the pandemic and the people who are working tirelessly to help them to put healthy food on the table.

“It was wonderful to receive the generous donation from The Lakelands Association of REALTORS® during COVID-19. The economic impact and job losses during this time has made it difficult for many families and individuals to afford food,” says Wendy Pegahmagabow,
Executive Director of Parry Sound Harvest Share. “Through this support from community minded individuals, agencies and organizations, Harvest Share will continue to provide much needed healthy and nutritious food for individuals and families in need in Parry Sound. We truly are in this together!”

According to Food Banks Canada, the number of people requiring help has skyrocketed by at least 20 percent in most regions across the country since the lockdown began, with projections that these numbers will continue to rise in the weeks and months to come. Parry Sound Harvest Share’s mission is to improve access to healthy, nutritious food for individuals and families in need in the District of Parry Sound, through a variety of programs.

“At the Lakelands Association of REALTORS® we strongly believe in supporting our communities in any way we can. We understand that COVID-19 and government restrictions have had a major effect on our communities and intensified financial instability,” says local REALTOR® Chuck Murney, who represents Parry Sound on The Lakelands Association of REALTORS® Board of Directors. “Through the Ontario REALTORS® Care Foundation, which is a province-wide REALTORS® initiative, we have been able to provide additional funds to support Harvest Share in Parry Sound in everything they do to support the community.”

Between the two organizations – the association’s Tragic Relief Fund and The Ontario REALTORS Care® Foundation – The Lakelands Association of REALTORS® has donated $10,780 to food banks in the regions they represent (Haliburton, Muskoka, Orillia and Parry Sound) in response to the pandemic.

Provincially, the Ontario Real Estate Association (OREA) has donated $480,000 to Ontario shelters and shelter-based charities through the Ontario REALTORS Care® Foundation. OREA’s donation will reach the most vulnerable populations through more than 50 shelters and food banks across Ontario.
________________________________________________________

The Ontario REALTORS Care® Foundation, formerly the Ontario Real Estate Association (OREA) Foundation was established in 1967. The Foundation supports shelter-based charitable organizations across Ontario, making a difference in the lives of people and communities where REALTORS® live and conduct business.

The Lakelands Association of REALTORS® holds a Tragic Relief fund in their budget to help support significant local causes. The committee responsible for the fund considers tragic events throughout Parry Sound, Muskoka, Orillia and Haliburton that require an injection of funds to prevent further impact.

Contact:
Crystal Henderson, Executive Director of The Lakelands Association of REALTORS®
chenderson@thelakelands.ca

Local REALTORS® Support the Minden Food Bank

HUNTSVILLE– The Lakelands Association of REALTORS® has provided financial support to the Minden Food Bank as part of their Ontario REALTORS Care® and Tragic Relief Fund programs. This financial support is in response to the pandemic, the impacts of which are being felt by hundreds of families and individuals, as well as the people who are working tirelessly to help feed the region’s most vulnerable residents.

According to Food Banks Canada, the number of people requiring help has skyrocketed by at least 20 percent in most regions across the country since the lockdown began, with projections that these numbers will continue to rise in the weeks and months to come. This type of corporate support is essential.

“The timing for the donation is critical,” says local REALTOR® Andrew Hodgson, who represents the Haliburton region on The Lakelands Association of REALTORS® Board of Directors. “The Minden Food Bank has been overwhelmed with requests as a result of the economic impact on our community due the virus. The Minden Food Bank is a vital part of filling the needs of many, to enable a family to survive in these trying times.”

Between the two organizations – the association’s Tragic Relief Fund and The Ontario REALTORS Care® Foundation – The Lakelands Association of REALTORS® has donated $10,780 to food banks in the regions they represent (Haliburton, Muskoka, Orillia and Parry Sound) in response to the pandemic.

Provincially, the Ontario Real Estate Association (OREA) has donated $480,000 to Ontario shelters and shelter-based charities through the Ontario REALTORS Care® Foundation. OREA’s donation will reach the most vulnerable populations through more than 50 shelters and food banks across Ontario.
_______________________________________________________________

The Ontario REALTORS Care® Foundation, formerly the Ontario Real Estate Association (OREA) Foundation was established in 1967. The Foundation supports shelter-based charitable organizations across Ontario, making a difference in the lives of people and communities where REALTORS® live and conduct business.

The Lakelands Association of REALTORS® holds a Tragic Relief Fund in their budget to help support significant local causes. The committee responsible for the fund considers tragic events throughout Parry Sound, Muskoka, Orillia and Haliburton that require an injection of funds to prevent further impact.

Contact:
Crystal Henderson, Executive Director of The Lakelands Association of REALTORS®
chenderson@thelakelands.ca