• First
  • Previous
  • 1
  • 2
  • 3
  • 4
  • 5
  • Next
  • Last

GTA Housing Market Prices Declined 9.2% While Real Estate Sales reduced by 48% in December 2022

Saturday Jan 7th, 2023

Share
December 2022 GTA Housing Report

GTA Housing Market Prices Declined 9.2% While Real Estate Sales reduced by 48% in December 2022   The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank of Canada. “Following a very strong start to the year, home sales trended lower in the spring and summer of 2022, as... [read more]

Interest Rate Hikes Drive Down Home Sales and New GTA Real Estate Listings in November 2022

Friday Dec 9th, 2022

Share

Interest Rate Hikes Drive Down Home Sales and New GTA Real Estate Listings in November 2022 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 last year, following the trend that unfolded since the commencement of interest rate hikes in the spring. New listings were also down substantially from last year, and at a very low level historically. The fact that the... [read more]

NEW GTA HOME LISTINGS DOWN WHILE THE AVERAGE REAL ESTATE SELLING PRICE LEVELS OFF IN OCTOBER

Thursday Nov 3rd, 2022

Share
October 2022 Housing Report

NEW GTA HOME LISTINGS DOWN WHILE THE AVERAGE REAL ESTATE SELLING PRICE LEVELS OFF IN OCTOBER TORONTO, ONTARIO, November 3, 2022 – 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 million since the late summer. GTA home sales continued to adjust to substantially higher interest rates in October 2022, both on an annual and monthly basis. However, new... [read more]

Higher borrowing costs continued to impact home sales in GTA's Real Estate Market in June 2022

Friday Jul 8th, 2022

Share
Current Real Estate market Conditions to remain over summer of 2022

Higher borrowing costs continued to impact home sales in GTA's Real Estate Market in June 2022 Sales totalled 6,474 – down by 41 per cent compared to last year’s strong result. The number of transactions was also down compared to May 2022, but this is often the case due to the seasonal nature of the market. The average selling price, at $1,146,254, remained 5.3 per cent above the June 2021 level, but continued to trend lower on a monthly basis. The MLS® Home Price... [read more]

7 Costly Mistakes Home Sellers Make (And How to Avoid Them)

Sunday Jul 3rd, 2022

Share
7 Costly Mistakes Home Sellers Make

7 Costly Mistakes Home Sellers Make (And How to Avoid Them) No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling in a new place. Almost all sellers want to make the most money possible. Whatever your circumstances, the road to the closing table can be riddled with obstacles — from issues... [read more]

  • First
  • Previous
  • 1
  • 2
  • 3
  • 4
  • 5
  • Next
  • Last

READ MORE