gta real estate 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
TRREB: September Home Sales Improve Over Last Year
10/3/2024 | Posted in GTA Real Estate by Paul DeAdder
Greater Toronto Area (GTA) home sales increased year-over-year in September. Buyers were starting to take advantage of more affordable market conditions brought about by ... 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
New report calls for urgent government action as GTA home sales in July at an all-time low
8/28/2024 | Posted in Canadian Housing Market by Paul DeAdder
A home building industry association says new home sales in July were at an all-time low, and is calling on urgent action from the government.
... MoreTRREB: Buyer Activity Increases Slightly in July
8/6/2024 | Posted in GTA Real Estate by Paul DeAdder
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
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)
... MoreHalf of Toronto area residents would consider buying home in more affordable city: Royal LePage
5/29/2024 | Posted in GTA News by Paul DeAdder
About half of GTA residents say they would consider leaving to buy property in one of Canada’s more affordable cities, according to a new Royal LePage survey.
... MoreCranes Are... Dropping? UrbanToronto Reports the Crane Count for Q1 2024
5/2/2024 | Posted in New Developments by Paul DeAdder
As of the beginning of April, 2024, 324 cranes towered over the skies of the Greater Toronto and Hamilton Area (GTHA), representing a slight, but persistent, downward ... 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.
... MoreLuxury home sales surge in parts of Canada as buyers flee expensive big cities
4/2/2024 | Posted in Luxury Real Estate by Paul DeAdder
Luxury real estate sales have increased across the country in the first two months of the year but larger markets like Toronto are seeing less activity as some buyers look ... More
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
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
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
National home prices close out 2023 above prior year, despite continued slowdown in market activity
1/15/2024 | Posted in Canadian Housing Market by Paul DeAdder
Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada,
... MoreThe 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
GTA new home sales activity hovers near-record lows
9/22/2023 | Posted in New Developments by Paul DeAdder
August activity at more than 60% below the region's 10-year average sales level
... MoreHigher 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
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
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.
... MoreRecovery clearly apparent in GTA's new home market: report
5/26/2023 | Posted in GTA News by Paul DeAdder
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
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
