GTA Home Sales and Listings Drop In February
3/3/2023 | Posted in GTA Real Estate by Jessi Sandhu
February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022.
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GTA Real Estate Market Starts the New Year the Same as It Ended Last Year
2/3/2023 | Posted in GTA Real Estate by Jessi Sandhu
As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were ... More
A Look Back at the 2022 GTA Housing Market
1/5/2023 | Posted in GTA Real Estate by Jessi Sandhu
Home Sales and Listings Down While Selling Price and Rent Up
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Interest Rate Hikes Drive Down Home Sales and New Listings in November
12/6/2022 | Posted in GTA Real Estate by Jessi Sandhu
Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same ... More
How did the GTA new home market perform in October?
11/23/2022 | Posted in GTA Real Estate by Jessi Sandhu
The market is still reeling from the pronounced slowdown seen in the overall Canadian housing sector this year, new report says
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New GTA Listings Down While The Average Selling Price Levels Off In October
11/3/2022 | Posted in GTA Real Estate by Jessi Sandhu
Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Greater Toronto Area (GTA) found some support near $1.1 ... More
What's next for Toronto's once-sizzling housing market?
10/14/2022 | Posted in GTA Real Estate by Jessi Sandhu
Sales activity in the city is continuing to decline
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Supply Remains an Issue Despite Impact of Higher Mortgage Rates
10/5/2022 | Posted in GTA Real Estate by Jessi Sandhu
The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022.
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Borrowing Costs and Housing Supply Impacting The GTA Real Estate Market
9/2/2022 | Posted in GTA Real Estate by Jessi Sandhu
There were 5,627 home sales reported through the Toronto Regional Real Estate Board’s (TRREB) MLS® System in August 2022, representing a year-over-year dip of 34.2 ... More
GTA Home Sales and Listings Trend Downwards in July
8/4/2022 | Posted in GTA Real Estate by Jessi Sandhu
There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 - down by 47 per cent compared to July 2021. Following ... More
The region is seeing rapidly intensifying competition, industry board says
7/29/2022 | Posted in GTA Real Estate by Jessi Sandhu
The Greater Toronto Area’s average rent has reached a new high in Q2 amid intensified competition, according to the region’s real estate industry association.
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Royal LePage cuts home price forecast for GTA amid series of aggressive interest rate hikes
7/13/2022 | Posted in GTA Real Estate by Jessi Sandhu
Royal LePage has cut its home price forecast for this year amid a series of aggressive interest rate hikes which have pushed up the cost of borrowing and cooled the demand for ... More
TRREB Forecasts Current Market Conditions to Remain Over Summer
7/6/2022 | Posted in GTA Real Estate by Jessi Sandhu
Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 – down by 41 per cent compared to last year’s strong result. The number of ... More
Average GTA rent price saw highest increase in 3 years: report
6/27/2022 | Posted in GTA Real Estate by Jessi Sandhu
The cost of rent here in the GTA is on the rise.
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Toronto home prices fall as sales take another hit in May
6/4/2022 | Posted in GTA Real Estate by Jessi Sandhu
The tide continued to shift in favour of homebuyers in the Greater Toronto Area (GTA) last month amid higher borrowing rates.
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Market Continues To Balance Out As Borrowing Costs Trend Higher
6/3/2022 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly ... More
GTA New Condo Sales Reach Record High in Q1
5/4/2022 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) new condominium sales reached their highest Q1 on record with 8,253 units sold, rising 55% year-over-year and exceeding the 10-year average (5,154 ... More
Market Adjusts To Higher Borrowing Costs In April
5/4/2022 | Posted in GTA Real Estate by Jessi Sandhu
The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis.
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TRREB Releases Mid-April Market Update
4/22/2020 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area REALTORS® reported 1,654 home sales through TRREB’s MLS® System during the first 17 days of April – down by 69 per cent compared to the ... More
Toronto home sales plummet in April as coronavirus shutdowns hit housing market
4/22/2020 | Posted in GTA Real Estate by Jessi Sandhu
Toronto home sales tumbled in the first half of April, down 69 per cent compared with the previous year, as the coronavirus pandemic led to an economic slowdown and a huge ... More
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