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

toronto condo market News and Articles | My Blog

Toronto home prices set to rise in 2025 but condo market on 'different trajectory': Royal LePage report

12/5/2024 | Posted in Toronto Real Estate by Paul DeAdder

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While the Greater Toronto Area is expected to see a bump in home prices in 2025, condo prices will not recover next year, according to a new report by Royal LePage.

... More


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


New condo sales in GTHA fall 81 per cent in third quarter of 2024: report

10/18/2024 | Posted in Condos For Sale by Paul DeAdder

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New condo sales in the Greater Toronto and Hamilton Area are continuing to drop off, falling 81 per cent in the third quarter of 2024 compared to the same period last year, ... 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


'Mounting condo inventories' could put downward pressure on Toronto's real estate market: report

8/13/2024 | Posted in Condos For Sale by Paul DeAdder

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Strained affordability amid higher borrowing costs continues to drag down Toronto’s “lethargic” housing market this summer, according to a new report by RBC ... More


Toronto new condo sales plummeted to lowest level since 1997 in first half of year: report

7/18/2024 | Posted in Ontario Real Estate by Paul DeAdder

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New condominium sales plummeted to a 27-year-low during the first six months of 2024 as a “sharp downturn in construction starts” in Toronto continued to impact ... 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


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


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


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


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 House Prices Jump By $130,000 In A Year

3/6/2020 | Posted in Toronto Real Estate by Paul DeAdder

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Toronto House Prices Jump By $130,000 In A Year As Industry Calls For 'Shovels In The Ground'. And now the Bank of Canada is putting "kerosene on the fire" ... 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


Toronto condo apartment sales gained at the end of 2019

1/17/2020 | Posted in Toronto Real Estate by Paul DeAdder

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There were 5,367 condominium apartment sales in the Greater Toronto Area in the fourth quarter of 2019.

... 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


Robust market fundamentals driving Toronto's high-end housing segment

11/12/2019 | Posted in Toronto Real Estate by Paul DeAdder

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Toronto’s luxury housing sector has enjoyed a marked upswing in activity this year, according to a new analysis by RE/MAX.

... More


Population growth continues to drive Canadian condo market activity

10/10/2019 | Posted in Canadian Housing Market by Paul DeAdder

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Steady demand for lower-cost housing in Toronto, Vancouver, and Montreal has impelled much-intensified condo market activity this fall, if the latest figures from these ... 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


GTA condo apartment sales up 3.2% in the second quarter

7/29/2019 | Posted in GTA Real Estate by Paul DeAdder

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The market for condo apartments remained strong in the Greater Toronto Area in the second quarter.

... More


Condo prices continue growing the fastest in red-hot Toronto

7/12/2019 | Posted in Toronto Real Estate by Paul DeAdder

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Amid sustained high levels of demand, condos continued to be the fastest appreciating residential property type in the Greater Toronto Area according to a new report.

... More


GTA REALTORS® Release June 2019 Stats

7/4/2019 | Posted in GTA Real Estate by Paul DeAdder

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Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent ... 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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