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. ...
More
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 similar ...
More
How did the GTA office market perform as 2022 drew to a close?
1/28/2023 | Posted in Commercial Real Estate by Jessi Sandhu
The Greater Toronto Area office market saw its vacancy reach double-digit levels during Q4 2022 amid markedly increased caution among stakeholders, who are still awaiting clarity ...
More
GTA municipalities respond to More Homes Built Faster with rate hikes up to 100%
1/11/2023 | Posted in GTA News by Jessi Sandhu
Municipalities in the GTA may see property tax hikes from 5% to 100% in the next year following the provincial government’s implementation of the More Homes Built Faster ...
More
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 period ...
More
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 ...
More
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. ...
More
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 per ...
More
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. ...
More
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 and ...
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. ...
More
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. ...
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 spike ...
More
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. ...
More
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 ...
More
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 ...
More
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 ...
More
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. ...
More
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. ...
More
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 ...
More
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. ...
More
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. ...
More
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 ...
More
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. ...
More
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 ...
More
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 ...
More
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. ...
More
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 ...
More
At Your Service
Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.