Market Update

The Covid-19 pandemic housing boom seems to be coming to a stop. Mortgage rates have almost doubled since the beginning of the year, pricing buyers out of the market. Not to mention prices that are just not attainable for most buyers.   With the word recession looming...

December marked the end of a strong seller’s market year in the Greater Toronto Area, with demand consistently outstripping supply. We reached historic records in the GTA for the number of sold homes and average sold prices. A total of 121,712 sales were reported this...

There has probably never been a time in our lives when we've depended on our homes more than we do today. During the un-imaginable realities of today, our homes have become everything to us: our children's classrooms, our offices, our movie theatres and our gyms. That has...

With over 95,000 home sales, the GTA real estate market had its third strongest year on record in 2020. This represents an 8.4% increase over 2019 results despite coming to a near-standstill last spring. December 2020 sales were up a remarkable 65% from...

GTA real estate remained remarkably strong in November with 8,766 sales – an increase of 24.3 per cent year over year – and a 13.3 per cent increase in the average selling price – the highest rate of price appreciation for the month since November...

October 2020 sales reached record levels with 10,563 home sales representing a 25.1 per cent increase compared to October 2019. The number of new listings added to the market this October was a record 36.4 per cent over the same month last year and the...

For the third consecutive month, home sales and prices have set new monthly records. August 2020’s total sales of 10,775 was 40 per cent more than the same period last year, with the average price of $951,404 representing an increase of over 20 per cent...

11,081 homes changed hands last month making July 2020 a record-breaking month for Toronto real estate. This was a jump of 29.5 per cent compared to July 2019. Detached homes were July’s property type leader with sales across the GTA up by 43.7 per cent...