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

gta real estate market News and Articles | My Blog

TRREB: September Home Sales Improve Over Last Year

10/3/2024 | Posted in GTA Real Estate by Paul DeAdder

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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

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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


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

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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.

... 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


Half of Toronto area residents would consider buying home in more affordable city: Royal LePage

5/29/2024 | Posted in GTA News by Paul DeAdder

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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.

... More


Cranes Are... Dropping? UrbanToronto Reports the Crane Count for Q1 2024

5/2/2024 | Posted in New Developments by Paul DeAdder

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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

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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


Luxury home sales surge in parts of Canada as buyers flee expensive big cities

4/2/2024 | Posted in Luxury Real Estate by Paul DeAdder

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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

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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


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

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Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada,

... 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


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


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


National Home Prices to Show Remarkable Resilience in 2020

4/14/2020 | Posted in Canadian Housing Market Predictions by Paul DeAdder

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According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable ... More


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