JULY 2021 NUMBERS SHOW STRONG DEMAND CONTINUES FOR HOME OWNERSHIP IN GTA TORONTO, ONTARIO

Monday Aug 9th, 2021

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July 2021 GTA Housing Market Report

JULY 2021 NUMBERS SHOW STRONG DEMAND CONTINUES FOR HOME OWNERSHIP IN GTA TORONTO, ONTARIO With almost 9,400 sales reported in July 2021, demand for ownership housing remained well-above average for the time of year despite being below the record July result set a year earlier. Market conditions actually tightened relative to July 2020, with sales accounting for a greater share of new listings compared to last year. The sellers’ market conditions sustained a double-digit annual rate... [read more]

Is Now a Good Time to Buy or Sell Real Estate?

Monday Jun 1st, 2020

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Is Now a Good Time to Buy or Sell Real Estate?

Is Now a Good Time to Buy or Sell Real Estate?   Traditionally, spring is one of the busiest times of the year for real estate. But the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, sales volume fell to its lowest level since 1984, according to the Canadian Real Estate Association.1   However, while sales have fallen, prices have remained stable. The average home price in... [read more]

Home Prices Hold Steady as Real Estate Sales Drop by 53.7% in May 2020 in Mississauga, Brampton and Toronto (GTA) Area

Wednesday Jun 3rd, 2020

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May 2020 Real Estate Sales Prices

Home Prices Hold Steady as Real Estate Sales Drop by 53.7% in May 2020 in Mississauga, Brampton and Toronto (GTA) Area TORONTO, ONTARIO, June 3, 2020 – Toronto Regional Real Estate Board President Michael Collins released the following key housing market statistics for May 2020: TRREB MLS® System Sales and New Listings • Greater Toronto Area REALTORS® reported 4,606 sales through TRREB’s MLS® System in May 2020. This result was down by 53.7 per cent... [read more]

Super Hot Greater Toronto Area (GTA) Real Estate Market Sales Jump by 29.5% and Home Prices Increase by 16.9% in July 2020

Thursday Aug 6th, 2020

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July 2020 GTA Home Sales up 29.5%

Super Hot Greater Toronto Area (GTA) Real Estate Market Sales Jump by 29.5% and Home Prices Increase by 16.9% in July 2020      TORONTO, ONTARIO, AUGUST 6, 2020 - Toronto Regional Real Estate Board President Lisa Patel announces that Greater Toronto Area REALTORS® reported 11,081 sales through TRREB’s MLS® System in July 2020 – a 29.5 per cent increase over July 2019 and a new record for the month of July. On a preliminary seasonally adjusted basis,... [read more]

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