gta real estate market News and Articles | My Blog
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
Toronto home sales plummet in April as coronavirus shutdowns hit housing market
4/22/2020 | Posted in GTA Real Estate by Paul DeAdder
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
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
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
GTA commercial market strong in 2019
2/4/2020 | Posted in Commercial Real Estate by Paul DeAdder
Altus Group Limited has released its 2020 GTA Flash Report, which provides a comprehensive review of the real estate market in the Greater Toronto Area (GTA) based on 2019 ... More
Expect a seller's market this year
1/7/2020 | Posted in Canadian Housing Market Predictions by Paul DeAdder
The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say.
... MoreGTA REALTORS Release December and Annual 2019 Stats
1/7/2020 | Posted in GTA Real Estate by Paul DeAdder
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
GTA new homes market busier than normal: BILD
1/7/2020 | Posted in New Developments by Paul DeAdder
There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group.
... 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
No signs of overheating in the GTA's new home market
11/5/2019 | Posted in New Developments by Paul DeAdder
New single-family home sales in the Greater Toronto Area increase a whopping 283%
... MoreTREB Releases September Market Figures As Reported By GTA Realtors
10/3/2019 | Posted in GTA Real Estate by Paul DeAdder
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