gta real estate News and Articles | My Blog
TRREB: June Home Buyers Eying Further Interest Rate Relief
7/4/2024 | Posted in GTA Real Estate by Paul DeAdder
June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month last year, according to the Toronto Regional Real Estate Board (TRREB)
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Home Buyers Experience Less Competition in May
6/5/2024 | Posted in GTA Real Estate by Paul DeAdder
May home sales continued at low levels, especially in comparison to last spring’s short-lived pick-up in market activity as home buyers are still waiting for relief on ... More
TRREB: More Choice for Home Buyers in April
5/3/2024 | Posted in GTA Real Estate by Paul DeAdder
April 2024 home sales were down in comparison to April 2023, when there was a temporary resurgence in market activity. New listings were up strongly year-over-year, which meant ... More
4/12/2024 | Posted in GTA Real Estate by Paul DeAdder
Housing prices in the GTA are expected to rise 10 per cent this year and will likely surpass those in Greater Vancouver by the end of 2024, according to an updated forecast by ... More
Selling Prices Up In March and Set to Accelerate This Spring
4/3/2024 | Posted in GTA Real Estate by Paul DeAdder
Greater Toronto Area (GTA) REALTORS® reported 6,560 sales through TRREB’s MLS® System in March 2024 – down by 4.5 per cent compared to March 2023.
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TRREB: Buyers Re-Enter the GTA Housing Market in February
3/5/2024 | Posted in GTA Real Estate by Paul DeAdder
Greater Toronto Area (GTA) home sales and new listings were up on an annual and monthly basis in February 2024. Selling prices also edged upward compared to a year earlier. ... More
Housing prices expected to hit 'bottom' in Toronto this spring: RBC report
2/12/2024 | Posted in GTA Real Estate by Paul DeAdder
Canada is seeing “early signs” of a housing market upturn and Toronto could see prices bottom out this spring, a recent report from the Royal Bank of Canada ... More
GTA REALTORS® Release January 2024 Stats
2/6/2024 | Posted in GTA Real Estate by Paul DeAdder
Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from lower borrowing costs associated with ... More
The 2023 GTA Housing Market: High Borrowing Costs and Growing Affordability Challenges
1/4/2024 | Posted in GTA Real Estate by Paul DeAdder
While the overall demand for housing remained buoyed by record immigration in 2023, more of this demand was pointed at the rental market. The number of Greater Toronto Area ... More
Elevated Borrowing Costs Taking a Toll on Housing Affordability
12/5/2023 | Posted in GTA Real Estate by Paul DeAdder
High borrowing costs and uncertain economic conditions continued to weigh on Greater Toronto Area (GTA) home sales in November 2023. Sales were down on a year-over-year basis, ... More
GTA home prices expected to drop in 2024: Re/Max report
11/28/2023 | Posted in GTA Real Estate by Paul DeAdder
Home prices in the Greater Toronto Area are expected to slide once again next year, according to a new report from one of the country’s largest real estate ... More
Higher Borrowing Costs See Buyers Remain on Hold
11/2/2023 | Posted in GTA Real Estate by Paul DeAdder
Lack of affordability and uncertainty remained issues for many would-be home buyers in the Greater Toronto Area (GTA) in October 2023. As a result, sales edged lower compared ... More
High Rates Impacting Market, but Population Growth Will Soon Spur Demand
10/4/2023 | Posted in GTA Real Estate by Paul DeAdder
The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Greater Toronto ... More
Higher Borrowing Costs Continue to Impact Housing Market in August
9/6/2023 | Posted in GTA Real Estate by Paul DeAdder
Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer home sales in ... More
GTA condo sales down 51% from 2022 levels: BILD
8/24/2023 | Posted in GTA Real Estate by Paul DeAdder
Single-family home sales up 11% this year, but can't make up for condo sales decline, July report states.
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Detached home prices declined in all but four of Toronto's neighbourhoods last quarter: report
8/22/2023 | Posted in GTA Real Estate by Paul DeAdder
Fuelled by a drop in prices, there was a “short burst of home-buying activity” in the Greater Toronto Area (GTA) during this year’s second quarter, but it was ... More
GTA Real Estate Market More Balanced in July
8/3/2023 | Posted in GTA Real Estate by Paul DeAdder
Greater Toronto Area (GTA) home sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the market experienced more ... More
Lack of Listings Led to Tighter GTA Market Conditions in June
7/6/2023 | Posted in GTA Real Estate by Paul DeAdder
Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a ... More
GTA Sales and Price Continue to Improve While Listings Remain Constrained
6/5/2023 | Posted in GTA Real Estate by Paul DeAdder
GTA REALTORS® reported 7,531 sales through TRREB’s MLS® System in April 2023 – down by 5.2 per cent compared to April 2022.
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Home sales up 25% from last year, but supply remains low: Toronto real estate board
6/3/2023 | Posted in GTA Real Estate by Paul DeAdder
The slowdown in Toronto's housing market continued to slip away last month as home sales came in higher than they were a year ago and prices edged closer to pandemic ... More
