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TORONTO REAL ESTATE BOARD’S DECEMBER 2019 & YEAR END STATISTICS

“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”

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TORONTO REAL ESTATE BOARD’s CONDO REPORT for 2nd Quarter 2019

“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.

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TORONTO REAL ESTATE SALES

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® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase compared to June 2018. Over the same time period, total new listings remained at […]

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TREB RELEASES FEBRUARY 2019 SALES NUMBERS

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
adjustment.

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