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

gta news 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


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: 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


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


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


GTA new home sales activity hovers near-record lows

9/22/2023 | Posted in New Developments by Paul DeAdder

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August activity at more than 60% below the region's 10-year average sales level

... 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


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


2020 Property Tax Deferral Schedule in the GTA

4/27/2020 | Posted in GTA News by Paul DeAdder

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TRREB has developed a COVID-19 property tax deferral schedule for every Greater Toronto Area municipality for your convenience and use.

... 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 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


Toronto home prices rise most since 2017 as listings plunge in November

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

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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 September Market Figures As Reported By GTA Realtors

10/3/2019 | 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 7,825 sales through TREB's MLS® System in September 2019. ... More


Buyers of new GTA homes face $222K in government charges

9/18/2019 | Posted in GTA Real Estate by Paul DeAdder

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According to a recent BILD report, these charges make a significant impact on affordability.

... More


TREB Releases August Market Figures

9/5/2019 | 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 7,711 residential sales through TREB’s MLS® System in ... More


GTA largely responsible for house flipping in the Waterloo region

8/19/2019 | Posted in Ontario Real Estate by Paul DeAdder

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Real estate flipping in the Waterloo region is mostly committed by investors from the Greater Toronto Area, according to a new report by Canada Mortgage and Housing ... More


GTA market fundamentals to remain robust going forward

8/17/2019 | Posted in GTA Real Estate by Paul DeAdder

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Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019.

... More


Rising detached home sales pull up average price in the GTA

7/15/2019 | Posted in GTA Real Estate by Paul DeAdder

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The bounce-back in single-detached home sales is contributing to an uptick in average price, with more than 50 per cent of neighbourhoods in the Greater Toronto Area reporting ... More


CRE activity in the GTA dropped 15% year-over-year in Q2

7/15/2019 | Posted in Commercial Real Estate by Paul DeAdder

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Commercial real estate in the Greater Toronto Area saw a slower pace of activity in the second quarter of 2019 compared to a year earlier.

... More


GTA's office market will remain hard-pressed to keep up with demand

7/3/2019 | Posted in Commercial Real Estate by Paul DeAdder

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The Greater Toronto Area will see approximately 2.2 million square feet of new office space by the end of the year, but this would not be nearly ... More


New GTA home sales jumped 94% in May compared to a year earlier

6/27/2019 | Posted in New Developments by Paul DeAdder

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There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% ... More


Toronto home sales up 18.9% in May from last year: TREB

6/7/2019 | Posted in GTA News by Paul DeAdder

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Market beginning to favour sellers, number of listings is lagging - TREB says there were 9,989 sales in May, up 18.9 per cent from the 15-year low in May 2018, while ... More


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