CAROLYN IRELAND In Toronto real estate, buyers gain the upper hand TORONTO PUBLISHED YESTERDAY The reality of a swift and dramatic change in the Toronto-area real estate market is sinking in for sellers and buyers. “It’s crazy how different it has become in only a matter of months,” says Pritesh Parekh, a real estate agent with Century 21 Legacy in Toronto. “The February peak is a … Continue reading TORONTO IN BUYERS’ MARKET ACCORDING TO GLOBE & MAIL
Toronto Real Estate Market Results for April 2022 The April 2022 Toronto and GTA real estate sales data is in and there is a big dip in all the numbers as compared to March 2022, but they are still way up year-over-year. Here below are the latest results courtesy of the Toronto Regional Real Estate Board: TORONTO: GREATER TORONTO AREA: Here is the full report … Continue reading IN LIKE A LAMB AND OUT LIKE A LION
“New supply bounced way up in February (+23.7% month-over-month), which is similar to what we saw play out in 2020 and again in 2021,” — Shaun Cathcart, CREA’s Senior Economist – Director of Housing Data & Market Analysis National Statistics February home sales rise as buyers scoop up first of the 2022 spring listings Statistics released Monday 15th March 2022 by the Canadian Real Estate … Continue reading CANADIAN HOUSING MARKET REPORT FOR FEBRUARY 2022
The continuation of tight market conditions resulted in a 33.3 per cent annual increase in the MLS® Home Price Index Composite benchmark. Similarly, the average selling price was up by 28.6 per cent year-over-year to $1,242,793. Continue reading TORONTO JANUARY SALES STATS
CHECK OUT THESE LATEST ARTICLES: Is Toronto’s home price growth spree coming to an end soon? “Definitely as we move through the year, it’s possible we’ll see average prices below that January mark.” Jason Mercer – Chief Market Analyst – TRREB Canada housing market in a ‘speculative fever’ – regulator “In some markets, where you had really rapid increases in prices, you could see a … Continue reading ARE HOUSE PRICES ABOUT TO DROP?
…it would seem that Toronto’s real estate market and especially its condominium segment have a positive outlook for the short-term, at the very least, if not for the foreseeable future, with some gyrations along the way, undoubtedly. Continue reading TORONTO CONDO MARKET NEWS
January 2021 home sales amounted to 6,928 – up by more than 50 per cent compared to January 2020. This strong start to 2021 included sales growth across all major segments including condominium apartments, both in the City of Toronto and surrounding GTA regions. Continue reading JANUARY 2021 SETS NEW RECORDS IN TORONTO REAL ESTATE
Free Toronto MLS Searches for sale and for lease! Continue reading SEARCH HERE FOR ALL YOUR MLS LISTINGS FOR SALE OR FOR LEASE!
“We certainly saw a recovery in sales activity in 2019, particularly in the second half of the year. As anticipated, many home buyers who were initially on the sidelines moved back into the market place starting in the spring. Buyer confidence was buoyed by a strong regional economy and declining contract mortgage rates over the course of the year” Continue reading TORONTO REAL ESTATE BOARD’S DECEMBER 2019 & YEAR END STATISTICS
Greater Toronto Area REALTORS® reported 7,825 sales through TREB’s MLS® System in September 2019. This result represented strong year-over-year sales growth of 22 per cent compared to 6,414 sales reported in September 2018. Continue reading TREB RELEASES SEPTEMBER 2019 SALES DATA