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 similar ...
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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 period ...
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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 ...
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Feds reveal plan to welcome 500,000 immigrants per year by 2025
11/1/2022 | Posted in Canada Living by Jessi Sandhu
The federal government is planning a massive increase in the number of immigrants entering Canada, which will have a huge effect on the real estate market. ...
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10/27/2022 | Posted in Rental Market by Jessi Sandhu
The cost of renting a one-bedroom condominium in Toronto is now up more than 20 per cent year-over-year, as higher borrowing costs leave some would-be buyers on the sidelines. ...
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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 per ...
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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 the ...
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Rent prices in Toronto rose by 'fastest pace on record' in Q2: report
7/19/2022 | Posted in Rental Market by Jessi Sandhu
GTA rent prices rose by “the fastest pace on record” in the second quarter of this year with the average one-bedroom unit being leased out for nearly $2,200 a month, a ...
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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 ...
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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 ...
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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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GTA apartment, condo rental prices on the rise: Report
6/1/2022 | Posted in Rental Market by Jessi Sandhu
A new report says the average monthly GTA rent increased 12% for all property types this April to $2,204 from $1,974 in April 2021. ...
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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 and ...
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Slowdown now apparent in GTA new home market
5/26/2022 | Posted in New Developments by Jessi Sandhu
However, some asset classes continue to boom compared with before the pandemic ...
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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 ...
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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 ...
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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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National Home Prices to Show Remarkable Resilience in 2020
4/14/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable through ...
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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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Toronto Regional Real Estate Board Releases Monthly Resale Housing Market Statistics
3/4/2020 | Posted in GTA Real Estate by Jessi Sandhu
TREBB reports a very strong year-over-year sales and price growth in February 2020. ...
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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 commercial market strong in 2019
2/4/2020 | Posted in Commercial Real Estate by Jessi Sandhu
Altus Group Limited has released its 2020 GTA Flash Report, which provides a comprehensive review of the real estate market in the Greater Toronto Area (GTA) based on 2019 Altus ...
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Expect a seller's market this year
1/7/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say. ...
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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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