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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City of Toronto's Vacant Home Tax Coming in 2023
11/30/2022 | Posted in Toronto News by Jessi Sandhu
Residential properties unoccupied for more than 6 months per year may be subject to Toronto's new Vacant Home Tax. All residential property owners must declare the occupancy ...
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Toronto home prices have fallen 'substantially', RBC says. This is when they could bottom out
11/10/2022 | Posted in Toronto Real Estate by Jessi Sandhu
Activity in Toronto’s housing market appears to be levelling off following a sharp decline over the spring that saw home prices drop significantly. ...
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Toronto's home price slide slows as sellers hold tight
11/3/2022 | Posted in Toronto Real Estate by Jessi Sandhu
A multi-month slide in Toronto home prices slowed in October, as sellers stepped back in hope the market will improve if they wait. ...
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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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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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Toronto rent rates likely to continue soaring, brokers say
10/12/2022 | Posted in Toronto News by Jessi Sandhu
The market has seen its rent rates increase by around 20% annually ...
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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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This is how much money you need to make to afford a house in Toronto
7/25/2022 | Posted in Toronto Real Estate by Jessi Sandhu
New data is revealing how much money Toronto residents need to make in order to afford to purchase a home in the city. ...
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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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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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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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Toronto House Prices Jump By $130,000 In A Year
3/6/2020 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto House Prices Jump By $130,000 In A Year As Industry Calls For 'Shovels In The Ground'. And now the Bank of Canada is putting "kerosene on the fire" with ...
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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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Is Toronto in a housing bubble?
2/26/2020 | Posted in Toronto Real Estate by Jessi Sandhu
Around four in five Canadians in Toronto perceive the city to be in a housing bubble, according to the latest study by Zillow and Ipsos. ...
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2/13/2020 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto housing price surge resembles sky-high gains of 2016. ...
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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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TREBB Releasing 2020 Market Outlook
2/6/2020 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto Regional Real Estate Board President Michael Collins announces the release of TRREB’s fifth annual Market Year in Review and Outlook Report. ...
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Will Toronto's suburbs see the next great housing gold rush?
2/3/2020 | Posted in Toronto Real Estate by Jessi Sandhu
Developers are betting on new projects in some of Toronto’s oldest suburbs to attract millennials fleeing from the main city area’s inflamed home prices. ...
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Initiative to increase tax rebate for first-time buyers in Toronto
1/27/2020 | Posted in Toronto Real Estate by Jessi Sandhu
Two city councillors are pushing for a rethink of Toronto's municipal land transfer tax rebate for first-time home buyers, suggesting the cap should be increased to match the ...
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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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Toronto is among the 10 most valuable city brands in the world
1/2/2020 | Posted in Toronto News by Jessi Sandhu
Having a strong brand is vital for successful businesses but for cities it can enhance everything from investment to immigration. ...
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