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...
Low interest rates, the ability to work from home for many, the desire for bigger spaces, and pent up demand were a potent combination for September 2020 GTA real estate sales. The month was the fourth in a row where both GTA home sales and...
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...
As the phased reopening of the economy continues, seasonally adjusted resale activity in the GTA in June surged to an 84 per cent increase over May's sales. Year over year figures were also strong. The average sale price of a home in the GTA increased...
Substantial month over month recovery in May On a month over month basis, both actual and seasonally adjusted sales in May 2020 were up substantially compared to April 2020, with an actual sales increase of 55.2%. New listings were up by 47.5% in May compared to...
After a stellar 1st Quarter of real estate activity in the GTA that suggested a record-breaking spring market was in store, the Coronavirus pandemic and resulting government health and safety measures abruptly changed everything. As expected, social distancing orders have quieted the market. TREB’s April...
Best case scenario forecast shows Canada’s aggregate home price could grow a modest 1% by the end of 2020If the pandemic continues to heavily restrict business activity through late summer, a national home price decrease of 3% is expected by the end of 2020The aggregate...
The Toronto Regional Real Estate Board MLS reported 7,256 sales for February 2020, representing over a 45% increase from the same month last year, the biggest year over year increase in the past decade. Also up were February’s new listings at 10,613, almost 8% higher...