GTA March Market: More Affordable and More Choice
4/3/2025 | Posted in GTA Real Estate by Jessi Sandhu
GTA REALTORS® reported 5,011 home sales through TRREB’s MLS® System in March 2025 – down by 23.1 per cent compared to March 2024. New listings in the MLS® ...
More
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 ...
More
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 ...
More
Will Toronto become Canada's most expensive housing market in 2025?
1/9/2025 | Posted in Toronto Real Estate by Jessi Sandhu
This year could be the year Toronto takes the crown for the most expensive real estate market in the country. ...
More
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 ...
More
12/5/2024 | Posted in Toronto Real Estate by Jessi Sandhu
While the Greater Toronto Area is expected to see a bump in home prices in 2025, condo prices will not recover next year, according to a new report by Royal LePage. ...
More
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 ...
More
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 ...
More
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 ...
More
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 ...
More
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 ...
More
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) ...
More
Home Buyers Experience Less Competition in May
6/5/2024 | Posted in GTA Real Estate by Jessi Sandhu
May home sales continued at low levels, especially in comparison to last spring’s short-lived pick-up in market activity as home buyers are still waiting for relief on the ...
More
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 ...
More
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. ...
More
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. ...
More
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. ...
More
Housing prices expected to hit 'bottom' in Toronto this spring: RBC report
2/12/2024 | Posted in GTA Real Estate by Jessi Sandhu
Canada is seeing “early signs” of a housing market upturn and Toronto could see prices bottom out this spring, a recent report from the Royal Bank of Canada says. ...
More
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 ...
More
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) ...
More
Here is what may be in store for Toronto's housing market in 2024
1/3/2024 | Posted in Toronto Real Estate by Jessi Sandhu
If history is any guide, once people buy into the notion that interest rates are going to be declining, you will start to see noticeable movement back into the market… even ...
More
Renting in Canada - what's happening to rates?
12/12/2023 | Posted in Rental Market by Jessi Sandhu
The annual asking rent for all residential property types in Canada saw an increase year-over-year in November and held close to the record high in October, according to the ...
More
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, ...
More
Higher Borrowing Costs See Buyers Remain on Hold
11/2/2023 | Posted in GTA Real Estate by Jessi Sandhu
Lack of affordability and uncertainty remained issues for many would-be home buyers in the Greater Toronto Area (GTA) in October 2023. As a result, sales edged lower compared to ...
More
Home resales fall by 1.9 per cent across Canada, new listings on the rise: RBC
10/17/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Home resales fell by 1.9 per cent across Canada in September, the third month in a row that resale rates have dropped, according to a new report by RBC. ...
More
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 ...
More
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 ...
More
Detached home prices declined in all but four of Toronto's neighbourhoods last quarter: report
8/22/2023 | Posted in GTA Real Estate by Jessi Sandhu
Fuelled by a drop in prices, there was a “short burst of home-buying activity” in the Greater Toronto Area (GTA) during this year’s second quarter, but it was ...
More
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 ...
More
Strengthening Demand and Lack Of Housing Supply Pushes Up Prices In The GTA
6/2/2023 | Posted in GTA Real Estate by Jessi Sandhu
The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023. ...
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 'll get back to you promptly.