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toronto real estate News and Articles | My Blog

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


Toronto home prices up 42 per cent over last five years, cost of living up 17 per cent: report

2/29/2024 | Posted in Canada Living by Paul DeAdder

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The cost of living in Toronto went up nearly 20 per cent between 2017 and 2022 – but that’s less than half the increase seen in the city’s housing prices over ... More


Housing prices expected to hit 'bottom' in Toronto this spring: RBC report

2/12/2024 | Posted in GTA Real Estate by Paul DeAdder

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Canada is seeing “early signs” of a housing market upturn and Toronto could see prices bottom out this spring, a recent report from the Royal Bank of Canada ... 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


TRREB Releases 2023 Q4 Rental Market Statistics

1/31/2024 | Posted in Rental Market by Paul DeAdder

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Condominium apartment leasing activity continued to be strong in the fourth quarter of 2023 according to the latest data released by TRREB. The number of lease transactions ... 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


Here is what may be in store for Toronto's housing market in 2024

1/3/2024 | Posted in Toronto Real Estate by Paul DeAdder

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If history is any guide, once people buy into the notion that interest rates are going to be declining, you will start to see noticeable movement back into the market… ... 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 See Buyers Remain on Hold

11/2/2023 | Posted in GTA Real Estate by Paul DeAdder

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Lack of affordability and uncertainty remained issues for many would-be home buyers in the Greater Toronto Area (GTA) in October 2023. As a result, sales edged lower compared ... More


Home resales fall by 1.9 per cent across Canada, new listings on the rise: RBC

10/17/2023 | Posted in Canadian Housing Market by Paul DeAdder

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Home resales fell by 1.9 per cent across Canada in September, the third month in a row that resale rates have dropped, according to a new report by RBC.

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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


Council votes to permit multiplexes in all Toronto neighbourhoods

9/19/2023 | Posted in Toronto Real Estate by Paul DeAdder

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Multiplexes will now be permitted to be built across Toronto after being approved by councillors on Wednesday in a bid to create more housing options.

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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


Toronto housing market would stay unaffordable even in deep recession: report

9/5/2023 | Posted in Toronto Real Estate by Paul DeAdder

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Housing affordability in Toronto would remain strained even in the event of a deep economic recession, a new Desjardins analysis has found, highlighting the challenge ahead in ... More


Detached home prices declined in all but four of Toronto's neighbourhoods last quarter: report

8/22/2023 | Posted in GTA Real Estate by Paul DeAdder

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Fuelled by a drop in prices, there was a “short burst of home-buying activity” in the Greater Toronto Area (GTA) during this year’s second quarter, but it was ... 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


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


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


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


Is Toronto in a housing bubble?

2/26/2020 | Posted in Toronto Real Estate by Paul DeAdder

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Around four in five Canadians in Toronto perceive the city to be in a housing bubble, according to the latest study by Zillow and Ipsos.

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This is not a good sign: RBC

2/13/2020 | Posted in Toronto Real Estate by Paul DeAdder

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Toronto housing price surge resembles sky-high gains of 2016.

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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


TREBB Releasing 2020 Market Outlook

2/6/2020 | Posted in Toronto Real Estate by Paul DeAdder

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Toronto Regional Real Estate Board President Michael Collins announces the release of TRREB’s fifth annual Market Year in Review and Outlook Report.

... More


Will Toronto's suburbs see the next great housing gold rush?

2/3/2020 | Posted in Toronto Real Estate by Paul DeAdder

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Developers are betting on new projects in some of Toronto’s oldest suburbs to attract millennials fleeing from the main city area’s inflamed home prices.

... More


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