gta condo market News and Articles | My Blog
GTA Home Sales Up Substantially in November
12/4/2024 | Posted in GTA Real Estate by Paul DeAdder
Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about ... More
TRREB: Sales and Average Selling Price Increases in October
11/6/2024 | Posted in GTA Real Estate by Paul DeAdder
Greater Toronto Area (GTA) home sales increased strongly year-over-year in October 2024. Over the same period, new listings were up, but by a lesser annual rate. The result was ... More
Rate cuts have yet to budge GTA housing market: RBC
9/10/2024 | Posted in Canadian Housing Market by Paul DeAdder
While the Bank of Canada may be lowering interest rates, the move is not having an immediate effect on Canada‘s housing market, an economist at one of Canada’s ... More
TRREB: GTA Housing Market Becoming More Affordable
9/5/2024 | Posted in GTA Real Estate by Paul DeAdder
Greater Toronto Area (GTA) home sales were down on a year-over-year basis in August 2024. New listings were up slightly over the same period. While the region’s housing ... More
'Mounting condo inventories' could put downward pressure on Toronto's real estate market: report
8/13/2024 | Posted in Condos For Sale by Paul DeAdder
Strained affordability amid higher borrowing costs continues to drag down Toronto’s “lethargic” housing market this summer, according to a new report by RBC ... More
Toronto new condo sales plummeted to lowest level since 1997 in first half of year: report
7/18/2024 | Posted in Ontario Real Estate by Paul DeAdder
New condominium sales plummeted to a 27-year-low during the first six months of 2024 as a “sharp downturn in construction starts” in Toronto continued to impact ... More
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)
... MoreHome 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
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.
... MoreTRREB: 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
Toronto home sales up in February from last year as consumers eye rate cuts: TRREB
3/5/2024 | Posted in GTA News by Paul DeAdder
Greater Toronto home sales and listings were up in February from last year, but adjusted sales were down from a month earlier, the region's real estate board said ... 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
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 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
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
Strengthening Demand and Lack Of Housing Supply Pushes Up Prices In The GTA
6/2/2023 | Posted in GTA Real Estate by Paul DeAdder
The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023.
... MoreMore than half of GTA condo investors losing money on properties, says new report
5/29/2023 | Posted in GTA Real Estate by Paul DeAdder
'A change in investor behaviour is on the horizon,' report says
... MoreTRREB Releases Mid-April Market Update
4/22/2020 | Posted in GTA Real Estate by Paul DeAdder
Greater Toronto Area REALTORS® reported 1,654 home sales through TRREB’s MLS® System during the first 17 days of April – down by 69 per cent compared to the ... More
Condo boom puts Toronto atop Crane Index ... again
4/13/2020 | Posted in Commercial Real Estate by Paul DeAdder
The booming Greater Toronto Area has again taken top spot on the North American Crane Index, with the region hosting an astounding 27 per cent of the cranes counted in 14 of ... More
TRREB Releases Monthly Resale Housing Market Statistics
4/3/2020 | Posted in GTA Real Estate by Paul DeAdder
Despite a strong increase in sales for March 2020 as a whole, there was a clear break in market activity between the pre-COVID-19 and post-COVID-19 periods.
... MoreToronto Regional Real Estate Board Releases Monthly Resale Housing Market Statistics
3/4/2020 | Posted in GTA Real Estate by Paul DeAdder
TREBB reports a very strong year-over-year sales and price growth in February 2020.
... MoreGTA REALTORS® Release January 2020 Stats
2/6/2020 | Posted in Toronto Real Estate by Paul DeAdder
TRREB President Michael Collins announced that Greater Toronto Area REALTORS® reported 4,581 home sales through TRREB’s MLS® System in January 2020 – up by ... More
Toronto condo apartment sales gained at the end of 2019
1/17/2020 | Posted in Toronto Real Estate by Paul DeAdder
There were 5,367 condominium apartment sales in the Greater Toronto Area in the fourth quarter of 2019.
... MoreTREB Releases November Market Figures as Reported by GTA REALTORS
12/4/2019 | Posted in GTA Real Estate by Paul DeAdder
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,090 sales through TREB’s MLS® System in November 2019 ... More
Toronto home prices rise most since 2017 as listings plunge in November
12/4/2019 | Posted in Toronto Real Estate by Paul DeAdder
Price growth in Canada’s largest housing market accelerated last month at the fastest pace since 2017 as sales rose and the inventory of homes available for purchase fell ... More
TREB Releases October Market Figures As Reported By GTA Realtors
11/5/2019 | Posted in GTA Real Estate by Paul DeAdder
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,491 residential sales through TREB’s MLS® System in ... More
