Real Estate Market
Real Estate Market Commentary – November 2022
The Toronto Regional Real Estate Board (TRREB) has released the housing figures for October. With 4961 sales reported on the local MLS, transactions were down 49.1% year-over-year and 1.5% month-over-month. New listings were down 11.6% y...
Mike’s Monthly Memo – October 2022
The fall market is now in full swing and I’m being asked many questions about real estate, prices, borrowing costs, and more. After the strong run we’ve experienced, I’m not surprised by the decline in activity. I’ve said many times...
Real Estate Market Commentary – October 2022
The Toronto Regional Real Estate Board (TRREB) has released the housing figures for September. With 5038 sales reported on the local MLS, deals were down 44.1% year-over-year and 10.5% month-over-month. This was the lowest number of unit sa...
Mike’s Monthly Memo – September 2022
When considering market activity, one of the things I’ve been seeing from a macro point of view is that it’s not just buyers that have been taking a pause. Often, we speak of buyers sitting on the sidelines waiting to see what will happ...
Real Estate Market Commentary – September 2022
The housing data is in for August, and the Toronto Regional Real Estate Board (TRREB) is reporting 5627 sales on the regional MLS. Total transactions were down 34.2% when compared to the same time a year ago, but were up 14.6% month-over-mo...
Real Estate Market Commentary – August 2022
The Toronto Regional Real Estate Board (TRREB) has released the MLS sales data for July 2022. As expected, it was a slow month for real estate sales across the region. With 4912 home sales reported, transactions were down 47.4% year-over-ye...
Real Estate Market Commentary – July 2022
The Toronto Regional Real Estate Board (TRREB) has released the MLS sales data for June 2022. With 6474 home sales reported, transactions were down 41.4% year-over-year and down 11.1% from the previous month. New listings were up slightl...
Real Estate Market Commentary – June 2022
The Toronto Regional Real Estate Board (TRREB) has released the MLS sales data for May 2022. With 7283 home sales reported, transactions decreased 38.8% year-over-year and 9% from the previous month. New listings were up slightly from th...