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]

Same GTA Real Estate Story -  Inventory Low, Sales Decline, Home Prices Further Up in February 2022   February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history. New listings dropped, but by a marginally lesser annual rate than sales, pointing to a modest move to a slightly more balanced market. Competition between buyers, however, remained tight enough to support double-digit price... [read more]