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]

2020 Outlook: Real Estate Market Forecast

Thursday Jan 2nd, 2020

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2020 Outlook: Real Estate Market Forecast

2020 Outlook: Real Estate Market Forecast After a two year slump, the future's looking bright again for Canadian real estate. Economists expect positive growth in the national housing market in 2020, supported by low mortgage rates, a solid job market, and a rising population. In fact, in a recent report, RBC Economics called 2019 a “turning point for Canada’s housing market.”1 To understand why—and where the market is headed—we take a closer look at... [read more]

Real Estate Market set to take off with 17% Increase in Sales and 12% Price Increase in December 2019 in Grater Toronto Area (GTA)

Tuesday Jan 7th, 2020

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December 2019 GTA Sales Increase

Real Estate Market set to take off with 17% Increase in Sales and 12% Price Increase in December 2019 in Grater Toronto Area (GTA) TORONTO, January 7, 2020 - Toronto Real Estate Board President Michael Collins reported that December 2019 residential sales reported through TREB’s MLS® System by Greater Toronto Area REALTORS® were up by 17.4 per cent year-over-year to 4,399. Total sales for calendar year 2019 amounted to 87,825 – up by 12.6 per cent compared to the... [read more]

Detached Homes and Condominium Apartment Sales got affected the Most in GTA Real Estate Market in First half of April 2020

Wednesday Apr 22nd, 2020

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Average Selling Price April 1-17, 2020

Detached Homes and Condominium Apartment Sales got affected the Most in GTA Real Estate Market in First half of April 2020                              TORONTO, ONTARIO, April 22, 2020 – Toronto Regional Real Estate Board President Michael Collins is reporting results for the first 17 days of April 2020, in order to provide some guidance on the impact of COVID-19 on the Greater Toronto Area housing... [read more]

How's the Mississauga Brampton & Toronto (GTA) Real Estate Market Now?

Thursday Jun 4th, 2020

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How' the Real Estate Market Now?

How's the Mississauga Brampton & Toronto (GTA) Real Estate Market Now? This is a very common question being asked to me these days. Traditionally, spring is one of the busiest times of the year for real estate. But the corona virus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. So I looked at today's market data and the sold properties in the Region of Peel, particularly Brampton area. Please... [read more]

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