Market Update

APRIL HOUSING STATS: 12,085 sales reported through the Toronto Real Estate Board in April. This result, which represented a record for the month of April, was up by 7.4% in comparison to April 2015. Selling prices continued to trend upward in April with the average...

"The Department of Finance announced that they have deferred the implementation of stress-testing for purchasers who have a down payment of more than 20%." For more info: https://www.fin.gc.ca/n16/data/16-117_2-eng.asp...

**July 2016 sets another record!** 9,989 homes were sold through the TREB MLS in July. At just shy of 10,000 transactions, this was the best July result on record. While sales were up on a year-over-year basis, listings for single-detached and semi-detached houses and townhouses...