Market Trends
Real Estate Market Commentary – August 2020
RECORD SETTING JULY The Toronto Regional Real Estate Board (TRREB) has released the sales figures for July and a new monthly sales record has been set with 11,081 transactions reported on the MLS. This represents a 29.5% increase over Ju...
A Tale of Two Markets: Social Distancing in Real Estate
The past few weeks have reshaped the world around us. Certainly, we are all doing our best to manage our lives in the face of tremendous uncertainty. While it would be irresponsible to offer assurances or projections, we can promise you tha...
Toronto Real Estate Market: Average Sales Prices up 12.3%
Toronto Real Estate Market: Average Sales Prices up 12.3% It may be a new year but it’s the same old story for Toronto’s real estate market. The Toronto Regional Real Estate Board (TRREB) has released the numbers for January, and w...
September Real Estate Sales Up 22%
September Sales Up The Toronto Real Estate Board has released the numbers for September, and the GTA housing market is continuing its strong pace. Following a very active summer, the market has shown no signs of a slowdown with 7,825 sal...
Here’s how much new home prices are surging in the GTA these days
New-home prices surged in the Greater Toronto Area this February even as the average resale price of a home slumped 12.4 per cent from a year, suggests numbers from industry observer the Altus Group. The benchmark price of a new condo, w...
Could a policy like this Chinese housing program improve affordability for Toronto homebuyers?
Borrowing an idea from China could lend a helping hand to first-time homebuyers in Toronto, the head of a major real estate website suggests. “A program like China’s ‘joint ownership’ scheme would definitely help first-time buyer...
These are the buyer’s and seller’s markets in Toronto right now
Toronto’s housing market remains one of Canada’s most expensive—even in a climate of rising interest rates, mortgage-rule changes, and other government policy interventions that have dragged sales activity lower of late. Not all ne...