Real Estate Market
Mike’s Monthly Memo – February 2022
The Toronto Regional Real Estate Board has issued its Outlook for 2022, The Post Pandemic Future: Communities, Housing & Employment. Though this is by no means comprehensive, let me take the opportunity to point out and comment on some of t...
Mike’s Monthly Memo – March 2022
I spend a lot of time during the week speaking with Brokers of Record across North America and from Europe. The story is pretty much the same regardless of geography…a shortage of supply, massive demand, and price increases across the boa...
Real Estate Market Commentary – March 2022
The Toronto Regional Real Estate Board (TRREB) has released its real estate data for February 2022. With 9097 home sales reported through the regional MLS, year-over-year transactions were down 16.8%. Though sales were off from last year’...
Real Estate Market Commentary – February 2022
The Toronto Regional Real Estate Board (TRREB) has released its housing figures for January. With 5,636 sales reported through the MLS, total transactions were down 18.2% from the same time last year. Though sales were down substantially co...
Real Estate Market Commentary – January 2022
Happy New Year. We hope you have a healthy and happy 2022! The Toronto Regional Real Estate Board (TRREB) has released the latest data, and it was a record-setting year for home sales across the Greater Toronto Area (GTA). With 121,712 t...
Real Estate Market Commentary – December 2021
The Toronto Regional Real Estate Board (TRREB) has released its housing figures for the month of November. With 9,017 sales being reported, a new benchmark for sales in a calendar year has been set, with another month still to come. Current...
Real Estate Market Commentary – November 2021
The Toronto Regional Real Estate Board (TRREB) has released its housing data for the month of October. The 9,783 sales reported have put total annual sales over the 100,000-mark for just the third time in history. With two months remaining ...
Mike’s Monthly Memo – November 2021
The Canadian Real Estate Association (CREA) recently released some fascinating statistics on the real estate market. Essentially, they are flagging the ancillary value of housing transactions…the benefits to the wider economy, that are ab...