3/5/2025 | Posted in GTA Real Estate by Jessi Sandhu
Homebuyers continued to benefit from substantial choice in the Greater Toronto Area (GTA) resale market in February 2025. Home sales last month were down compared to the same ...
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GTA REALTORS Release 2025 Outlook and January Stats
2/5/2025 | Posted in GTA Real Estate by Jessi Sandhu
The Toronto Regional Real Estate Board’s (TRREB) Market Outlook and Year in Review report reveals that a well-supplied housing market will keep average annual home price ...
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TRREB: Housing Market Gets More Affordable in 2024 with Lower Rates and Prices
1/7/2025 | Posted in GTA Real Estate by Jessi Sandhu
The Greater Toronto Area (GTA) housing market experienced a transitionary year in 2024. Annual sales were up slightly compared to 2023, and new listings were up significantly ...
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GTA Home Sales Up Substantially in November
12/4/2024 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by ...
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TRREB: Sales and Average Selling Price Increases in October
11/6/2024 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) home sales increased strongly year-over-year in October 2024. Over the same period, new listings were up, but by a lesser annual rate. The result was ...
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TRREB: September Home Sales Improve Over Last Year
10/3/2024 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) home sales increased year-over-year in September. Buyers were starting to take advantage of more affordable market conditions brought about by interest ...
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Rate cuts have yet to budge GTA housing market: RBC
9/10/2024 | Posted in Canadian Housing Market by Jessi Sandhu
While the Bank of Canada may be lowering interest rates, the move is not having an immediate effect on Canada‘s housing market, an economist at one of Canada’s biggest ...
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TRREB: GTA Housing Market Becoming More Affordable
9/5/2024 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) home sales were down on a year-over-year basis in August 2024. New listings were up slightly over the same period. While the region’s housing ...
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New report calls for urgent government action as GTA home sales in July at an all-time low
8/28/2024 | Posted in Canadian Housing Market by Jessi Sandhu
A home building industry association says new home sales in July were at an all-time low, and is calling on urgent action from the government. ...
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TRREB: Buyer Activity Increases Slightly in July
8/6/2024 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) home sales in July 2024 were up compared to July 2023. While sales were up from last year, buyers continued to benefit from more choice in the GTA ...
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TRREB: June Home Buyers Eying Further Interest Rate Relief
7/4/2024 | Posted in GTA Real Estate by Jessi Sandhu
June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month last year, according to the Toronto Regional Real Estate Board (TRREB) ...
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Half of Toronto area residents would consider buying home in more affordable city: Royal LePage
5/29/2024 | Posted in GTA News by Jessi Sandhu
About half of GTA residents say they would consider leaving to buy property in one of Canada’s more affordable cities, according to a new Royal LePage survey. ...
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Cranes Are... Dropping? UrbanToronto Reports the Crane Count for Q1 2024
5/2/2024 | Posted in New Developments by Jessi Sandhu
As of the beginning of April, 2024, 324 cranes towered over the skies of the Greater Toronto and Hamilton Area (GTHA), representing a slight, but persistent, downward trend ...
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TRREB: More Choice for Home Buyers in April
5/3/2024 | Posted in GTA Real Estate by Jessi Sandhu
April 2024 home sales were down in comparison to April 2023, when there was a temporary resurgence in market activity. New listings were up strongly year-over-year, which meant ...
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4/12/2024 | Posted in GTA Real Estate by Jessi Sandhu
Housing prices in the GTA are expected to rise 10 per cent this year and will likely surpass those in Greater Vancouver by the end of 2024, according to an updated forecast by ...
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Selling Prices Up In March and Set to Accelerate This Spring
4/3/2024 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) REALTORS® reported 6,560 sales through TRREB’s MLS® System in March 2024 – down by 4.5 per cent compared to March 2023. ...
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Luxury home sales surge in parts of Canada as buyers flee expensive big cities
4/2/2024 | Posted in Luxury Real Estate by Jessi Sandhu
Luxury real estate sales have increased across the country in the first two months of the year but larger markets like Toronto are seeing less activity as some buyers look ...
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TRREB: Buyers Re-Enter the GTA Housing Market in February
3/5/2024 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) home sales and new listings were up on an annual and monthly basis in February 2024. Selling prices also edged upward compared to a year earlier. ...
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Toronto home sales up in February from last year as consumers eye rate cuts: TRREB
3/5/2024 | Posted in GTA News by Jessi Sandhu
Greater Toronto home sales and listings were up in February from last year, but adjusted sales were down from a month earlier, the region's real estate board said Tuesday. ...
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GTA REALTORS® Release January 2024 Stats
2/6/2024 | Posted in GTA Real Estate by Jessi Sandhu
Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from lower borrowing costs associated with fixed ...
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National home prices close out 2023 above prior year, despite continued slowdown in market activity
1/15/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada, ...
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The 2023 GTA Housing Market: High Borrowing Costs and Growing Affordability Challenges
1/4/2024 | Posted in GTA Real Estate by Jessi Sandhu
While the overall demand for housing remained buoyed by record immigration in 2023, more of this demand was pointed at the rental market. The number of Greater Toronto Area (GTA) ...
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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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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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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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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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