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THE PACE OF GREATER TORONTO AREA HOME SALES SLOWS IN APRIL 2021

Wednesday May 5th, 2021

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GTA Real Estate Market Showing sign of slowdown

THE PACE OF GREATER TORONTO AREA HOME SALES SLOWS IN APRIL 2021 TORONTO, ONTARIO, May 5, 2021 – Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A similar trend was noted for the number of new listings reported. GTA REALTORS® reported 13,663 sales through... [read more]

MISSISSAUGA, BRAMPTON, GTA HOME AND CONDO SALES REACH NEW HEIGHTS FOR FEBRUARY 2021

Monday Mar 8th, 2021

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GTA Home and Condo Sales Reach New Heights for February 2021

MISSISSAUGA, BRAMPTON, GTA HOME AND CONDO SALES REACH NEW HEIGHTS FOR FEBRUARY 2021            Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. With multiple buyers continuing to compete for many available listings, double-digit annual price growth was the norm throughout the GTA, with stronger rates of growth in the suburbs... [read more]

Is the Real Estate Market Going to Crash?

Tuesday Mar 2nd, 2021

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Is the Real Estate Market Going to Crash

Is the Real Estate Market Going to Crash? While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the market. However, those first days of uncertainty ushered in a... [read more]

Toronto Regional Real Estate Board Forecasts Strong Demand in Housing Market in 2021

Wednesday Feb 10th, 2021

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TRREB Market Watch January 2021

Toronto Regional Real Estate Board Forecasts Strong Demand in Housing Market in 2021              The outlook for the GTA real estate market is healthy with strong buying intentions, a near-record sales forecast of more than 100,000, and a record average selling price over $1 million. Today, the Toronto Regional Real Estate Board (TRREB) is unveiling its must-read Market Year in Review & Outlook 2021 Report and eagerly awaited digital digest... [read more]

RECORD DECEMBER HOME RESALES AND NEW RECORD IN 2020 AVERAGE SELLING PRICE IN GREATER TORONTO AREA

Wednesday Jan 6th, 2021

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Real Estate market Sets New Record in December 2020

RECORD DECEMBER HOME RESALES AND NEW RECORD IN 2020 AVERAGE SELLING PRICE       TORONTO, ONTARIO, January 6, 2021: Despite an unprecedented year due to COVID-19, including necessary public health restrictions and uncertainty surrounding the economy, Greater Toronto Area REALTORS® reported over 95,000 home sales in 2020 – the third-best result on record. The average selling price reached a new record of almost $930,000. “The Greater Toronto Area housing... [read more]

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