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Halifax & Surrounding Area | Sutton City Realty Inc., Brokerage

gta home sales News and Articles | My Blog

GTA Home Sales Up Substantially in November

12/4/2024 | Posted in GTA Real Estate by Paul DeAdder

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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

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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

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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

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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


TRREB: Buyer Activity Increases Slightly in July

8/6/2024 | Posted in GTA Real Estate by Paul DeAdder

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Greater Toronto Area (GTA) home sales in July 2024 were up compared to July 2023. While sales were up from last year, buyers continued to benefit from more choice in the GTA ... More


TRREB: June Home Buyers Eying Further Interest Rate Relief

7/4/2024 | Posted in GTA Real Estate by Paul DeAdder

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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)

... More


Home Buyers Experience Less Competition in May

6/5/2024 | Posted in GTA Real Estate by Paul DeAdder

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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

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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


GTA home prices to see biggest gains in 2024 as Canada's housing market set for 'uncomfortably busy' fall: Royal LePage

4/12/2024 | Posted in GTA Real Estate by Paul DeAdder

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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

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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.

... More


TRREB: Buyers Re-Enter the GTA Housing Market in February

3/5/2024 | Posted in GTA Real Estate by Paul DeAdder

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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

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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


GTA REALTORS® Release January 2024 Stats

2/6/2024 | Posted in GTA Real Estate by Paul DeAdder

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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

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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

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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

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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


Home resales fall by 1.9 per cent across Canada, new listings on the rise: RBC

10/17/2023 | Posted in Canadian Housing Market by Paul DeAdder

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Home resales fell by 1.9 per cent across Canada in September, the third month in a row that resale rates have dropped, according to a new report by RBC.

... More


High Rates Impacting Market, but Population Growth Will Soon Spur Demand

10/4/2023 | Posted in GTA Real Estate by Paul DeAdder

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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

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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

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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

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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


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

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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


Recovery clearly apparent in GTA's new home market: report

5/26/2023 | Posted in GTA News by Paul DeAdder

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The Greater Toronto Area (GTA) new home market rebounded in April as sales levels started to return to “more traditional” levels, according to Altus Group and the ... More


TRREB Releases Mid-April Market Update

4/22/2020 | Posted in GTA Real Estate by Paul DeAdder

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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


Toronto home sales plummet in April as coronavirus shutdowns hit housing market

4/22/2020 | Posted in GTA Real Estate by Paul DeAdder

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Toronto home sales tumbled in the first half of April, down 69 per cent compared with the previous year, as the coronavirus pandemic led to an economic slowdown and a huge ... More


TRREB Releases Monthly Resale Housing Market Statistics

4/3/2020 | Posted in GTA Real Estate by Paul DeAdder

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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.

... More


GTA REALTORS® Release January 2020 Stats

2/6/2020 | Posted in Toronto Real Estate by Paul DeAdder

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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


GTA REALTORS Release December and Annual 2019 Stats

1/7/2020 | Posted in GTA Real Estate by Paul DeAdder

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The MLS® Home Price Index Composite Benchmark was up by 7.3% on a year-over- year basis in Dec 2019. From June 2019 onward, the annual growth rate in the MLS® HPI ... More


TREB Releases November Market Figures as Reported by GTA REALTORS

12/4/2019 | Posted in GTA Real Estate by Paul DeAdder

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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


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