Elevated Borrowing Costs Taking a Toll on Housing Affordability
12/5/2023 | Posted in GTA Real Estate by Jessi Sandhu
High borrowing costs and uncertain economic conditions continued to weigh on Greater Toronto Area (GTA) home sales in November 2023. Sales were down on a year-over-year basis, ...
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GTA home prices expected to drop in 2024: Re/Max report
11/28/2023 | Posted in GTA Real Estate by Jessi Sandhu
Home prices in the Greater Toronto Area are expected to slide once again next year, according to a new report from one of the country’s largest real estate brokerages. ...
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Home resales fall by 1.9 per cent across Canada, new listings on the rise: RBC
10/17/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Home resales fell by 1.9 per cent across Canada in September, the third month in a row that resale rates have dropped, according to a new report by RBC. ...
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High Rates Impacting Market, but Population Growth Will Soon Spur Demand
10/4/2023 | Posted in GTA Real Estate by Jessi Sandhu
The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Greater Toronto Area ...
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Higher Borrowing Costs Continue to Impact Housing Market in August
9/6/2023 | Posted in GTA Real Estate by Jessi Sandhu
Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer home sales in August ...
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GTA Real Estate Market More Balanced in July
8/3/2023 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) home sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the market experienced more ...
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Lack of Listings Led to Tighter GTA Market Conditions in June
7/6/2023 | Posted in GTA Real Estate by Jessi Sandhu
Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a ...
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Home sales up 25% from last year, but supply remains low: Toronto real estate board
6/3/2023 | Posted in GTA Real Estate by Jessi Sandhu
The slowdown in Toronto's housing market continued to slip away last month as home sales came in higher than they were a year ago and prices edged closer to pandemic highs. ...
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Strengthening Demand and Lack Of Housing Supply Pushes Up Prices In The GTA
6/2/2023 | Posted in GTA Real Estate by Jessi Sandhu
The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023. ...
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Recovery clearly apparent in GTA's new home market: report
5/26/2023 | Posted in GTA News by Jessi Sandhu
The Greater Toronto Area (GTA) new home market rebounded in April as sales levels started to return to “more traditional” levels, according to Altus Group and the ...
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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 ...
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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 spike ...
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TRREB Releases Monthly Resale Housing Market Statistics
4/3/2020 | Posted in GTA Real Estate by Jessi Sandhu
Despite a strong increase in sales for March 2020 as a whole, there was a clear break in market activity between the pre-COVID-19 and post-COVID-19 periods. ...
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GTA REALTORS® Release January 2020 Stats
2/6/2020 | Posted in Toronto Real Estate by Jessi Sandhu
TRREB President Michael Collins announced that Greater Toronto Area REALTORS® reported 4,581 home sales through TRREB’s MLS® System in January 2020 – up by ...
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GTA REALTORS Release December and Annual 2019 Stats
1/7/2020 | Posted in GTA Real Estate by Jessi Sandhu
The MLS® Home Price Index Composite Benchmark was up by 7.3% on a year-over- year basis in Dec 2019. From June 2019 onward, the annual growth rate in the MLS® HPI ...
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TREB Releases November Market Figures as Reported by GTA REALTORS
12/4/2019 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,090 sales through TREB’s MLS® System in November 2019 ...
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Toronto home prices rise most since 2017 as listings plunge in November
12/4/2019 | Posted in Toronto Real Estate by Jessi Sandhu
Price growth in Canada’s largest housing market accelerated last month at the fastest pace since 2017 as sales rose and the inventory of homes available for purchase fell ...
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TREB Releases October Market Figures As Reported By GTA Realtors
11/5/2019 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,491 residential sales through TREB’s MLS® System in ...
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No signs of overheating in the GTA's new home market
11/5/2019 | Posted in New Developments by Jessi Sandhu
New single-family home sales in the Greater Toronto Area increase a whopping 283% ...
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TREB Releases September Market Figures As Reported By GTA Realtors
10/3/2019 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,825 sales through TREB's MLS® System in September 2019. ...
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Buyers of new GTA homes face $222K in government charges
9/18/2019 | Posted in GTA Real Estate by Jessi Sandhu
According to a recent BILD report, these charges make a significant impact on affordability. ...
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TREB Releases August Market Figures
9/5/2019 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,711 residential sales through TREB’s MLS® System in ...
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Rising detached home sales pull up average price in the GTA
7/15/2019 | Posted in GTA Real Estate by Jessi Sandhu
The bounce-back in single-detached home sales is contributing to an uptick in average price, with more than 50 per cent of neighbourhoods in the Greater Toronto Area reporting an ...
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TREB Releases July Market Figures
8/6/2019 | Posted in GTA Real Estate by Jessi Sandhu
GTA REALTORS® reported 8,595 sales through TREB's MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018. ...
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GTA REALTORS® Release June 2019 Stats
7/4/2019 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase ...
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Toronto home sales up 18.9% in May from last year: TREB
6/7/2019 | Posted in GTA News by Jessi Sandhu
Market beginning to favour sellers, number of listings is lagging - TREB says there were 9,989 sales in May, up 18.9 per cent from the 15-year low in May 2018, while listings ...
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GTA REALTORS® Release May 2019 Stats
6/5/2019 | Posted in GTA Real Estate by Jessi Sandhu
TREB President Garry Bhaura announced that GTA REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019.1 While this result represented a ...
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Return of the spring rush? Toronto home sales jump in April
5/6/2019 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto housing market heats up as sales jump 16.8% in April ...
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GTA REALTORS® Release April 2019 Stats
5/6/2019 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019. The ...
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GTA home sales for March were almost exactly the same as in 2018
4/4/2019 | Posted in GTA Real Estate by Jessi Sandhu
GTA home sales were flat in March compared to a year ago with 7,187 units sold by Greater Toronto Area Realtors, just 1 sale short of last March’s total. ...
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