...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.
Posts tagged as “Toronto”
A playful and dynamic exploration of this great city re-emerging from this last year and a half of pandemic.
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.
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"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"
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.
"The condominium apartment rental market also remained quite tight in the second quarter, with average rents for one-bedroom and two-bedroom apartments increasing above the rate of inflation on a year-over-year basis. However, we have seen an acceleration in the number of units listed for rent, which has provided renters with more choice in the market place and has coincided with a slower pace of average rent growth over the past year," said Jason Mercer, TREB's Chief Market Analyst.
JUNE 2019 GTA REALTORS® Release June 2019 Stats The new President of the Toronto Real Estate Board, Michael Collins, announced that Greater Toronto Area REALTORS®…
Toronto Real Estate Board President Gurcharan (Garry)
Bhaura announced that Greater Toronto Area REALTORS® reported 5,025 homes sold through
TREB’s MLS® System in February 2019. This sales total was down by 2.4 per cent on a year-overyear basis. Sales were also down compared to January 2019 following preliminary seasonal
Believe it or not, selling your home in fall can be very easy, but it is important to remember to lean into the season and appreciate the pros and cons that come with it.