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CONSUMER CONFIDENCE AND LOW INTEREST RATES DRIVE UP HOMES SALES IN GTA IN MARCH 2021

Tuesday Apr 6th, 2021

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CONSUMER CONFIDENCE AND LOW INTEREST RATES DRIVE UP HOMES SALES IN GTA IN MARCH 2021

CONSUMER CONFIDENCE AND LOW INTEREST RATES DRIVE UP HOMES SALES IN GTA IN MARCH 2021     For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and continued improvement in many sectors of the economy. GTA REALTORS® reported 15,652 sales in March 2021 – close to double that of March 2020. While sales were strong, it is important to remember that for... [read more]

STRONG MAY 2021GREATER TORONTO AREA HOME SALES REMAIN BELOW MARCH PEAK

Thursday Jun 3rd, 2021

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STRONG MAY GTA HOME SALES REMAIN BELOW MARCH PEAK

STRONG MAY 2021GREATER TORONTO AREA HOME SALES REMAIN BELOW MARCH PEAK     TORONTO, ONTARIO, June 3, 2021 – Residential transactions reported through TRREB’s MLS® System remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May. Greater Toronto Area... [read more]

Greater Toronto Area (GTA) Real Estate Market Takes a Breather while the Housing Demand Remains Strong in August 2021

Tuesday Sep 7th, 2021

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August 2021 GTA Market Update

Greater Toronto Area (GTA) Real Estate Market Takes a Breather while the Housing Demand Remains Strong in August 2021 The Toronto Regional Real Estate Board (TRREB) is reporting the third-best sales result on record for the month of August. While the market has taken its regular summer breather, it is clear that the demand for ownership housing remains strong. At the same time, the supply of listings is down. The result has been tighter market conditions and sustained competition between... [read more]

Low Supply of Homes Results in Reduced Sales but Higher Real Estate Prices in Mississauga, Brampton and GTA in September 2021

Thursday Oct 7th, 2021

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September 2021 GTA Housing Market Report

Low Supply of Homes Results in Reduced Sales but Higher Real Estate Prices in Mississauga, Brampton and GTA in September 2021 September marked the transition from the slower summer market to the busier fall market in the Greater Toronto Area (GTA). Every year, we generally see an uptick in sales, average selling price and listings after Labour Day, and September 2021 was no different. Sales increased relative to August and were also at the third-highest mark on record for the month of... [read more]

November 2021 Home Sales Achieved a New Record with Real Estate Prices Reaching a New All-Time High in Greater Toronto Area

Monday Dec 6th, 2021

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November 2021 Real Estate Market Update

November 2021 Home Sales Achieved a New Record with Real Estate Prices Reaching a New All-Time High in Greater Toronto Area TORONTO, ONTARIO, December 3, 2021 – Home sales reached a new record for the month of November, and the average selling price also reached a new all-time high. New listings were down substantially compared to last year for all market segments – further highlighting the inherent supply issue across all home types in the Greater Toronto Area (GTA). GTA... [read more]

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