GTA new home sales activity hovers near-record lows
9/22/2023 | Posted in New Developments by Jessi Sandhu
August activity at more than 60% below the region's 10-year average sales level ...
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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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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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2020 Property Tax Deferral Schedule in the GTA
4/27/2020 | Posted in GTA News by Jessi Sandhu
TRREB has developed a COVID-19 property tax deferral schedule for every Greater Toronto Area municipality for your convenience and use. ...
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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 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 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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GTA largely responsible for house flipping in the Waterloo region
8/19/2019 | Posted in Ontario Real Estate by Jessi Sandhu
Real estate flipping in the Waterloo region is mostly committed by investors from the Greater Toronto Area, according to a new report by Canada Mortgage and Housing Corporation. ...
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GTA market fundamentals to remain robust going forward
8/17/2019 | Posted in GTA Real Estate by Jessi Sandhu
Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019. ...
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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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CRE activity in the GTA dropped 15% year-over-year in Q2
7/15/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Commercial real estate in the Greater Toronto Area saw a slower pace of activity in the second quarter of 2019 compared to a year earlier. ...
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GTA's office market will remain hard-pressed to keep up with demand
7/3/2019 | Posted in Commercial Real Estate by Jessi Sandhu
The Greater Toronto Area will see approximately 2.2 million square feet of new office space by the end of the year, but this would not be nearly ... More
New GTA home sales jumped 94% in May compared to a year earlier
6/27/2019 | Posted in New Developments by Jessi Sandhu
There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% from ...
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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 new home sales jumped 123% in April
6/6/2019 | Posted in GTA Real Estate by Jessi Sandhu
There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year. ...
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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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GTA investment sales activity continues decelerating: Altus Group
5/13/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Sales activity in the Greater Toronto Area investment market considerably slowed down in Q1 2019, according to a new quarterly analysis by Altus Group. ...
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Down payments are the biggest fear for first-time buyers
5/10/2019 | Posted in First Time Home Buyers by Jessi Sandhu
Having a sufficient down payment to afford the home they want is the largest concern of first-time buyers according to a new survey. ...
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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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Ontario commits $11.2B for 4 major Toronto-area transit projects
4/10/2019 | Posted in GTA News by Jessi Sandhu
Ontario government is committing $11.2 billion, more than a third of a roughly $30-billion new transit infrastructure plan for the Greater Toronto Area. ...
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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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Greater Toronto Area Home Prices See Moderate Appreciation in The First Quarter of 2019
4/4/2019 | Posted in GTA Real Estate by Jessi Sandhu
Condominiums continued to lead the market in the first three months of the year while increasing population and lack of inventory put pressure on home prices across the board. ...
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GTA REALTORS® Release March 2019 Stats
4/3/2019 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB's MLS® System in March ...
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GTA sees new home sales begin on a good note this year
2/27/2019 | Posted in GTA Real Estate by Jessi Sandhu
BILD announced earlier this week that GTA new home sales volume increased by 14% annually in January, reaching 1,362 transactions. ...
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