2/12/2024 | Posted in GTA Real Estate by Catherine Methven
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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 says. ... More

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

  2/6/2024 | Posted in GTA Real Estate by Catherine Methven
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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 fixed ... More

GTA REALTORS® Release January 2024 Stats

  1/4/2024 | Posted in GTA Real Estate by Catherine Methven
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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 (GTA) ... More

The 2023 GTA Housing Market: High Borrowing Costs and Growing Affordability Challenges

  12/5/2023 | Posted in GTA Real Estate by Catherine Methven
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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

Elevated Borrowing Costs Taking a Toll on Housing Affordability

  11/28/2023 | Posted in GTA Real Estate by Catherine Methven
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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 brokerages. ... More

GTA home prices expected to drop in 2024: Re/Max report

  11/2/2023 | Posted in GTA Real Estate by Catherine Methven
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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 to ... More

Higher Borrowing Costs See Buyers Remain on Hold

  10/4/2023 | Posted in GTA Real Estate by Catherine Methven
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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 Area ... More

High Rates Impacting Market, but Population Growth Will Soon Spur Demand

  9/6/2023 | Posted in GTA Real Estate by Catherine Methven
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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 August ... More

Higher Borrowing Costs Continue to Impact Housing Market in August

  8/24/2023 | Posted in GTA Real Estate by Catherine Methven
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Single-family home sales up 11% this year, but can't make up for condo sales decline, July report states. ... More

GTA condo sales down 51% from 2022 levels: BILD

  8/22/2023 | Posted in GTA Real Estate by Catherine Methven
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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

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

  8/3/2023 | Posted in GTA Real Estate by Catherine Methven
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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

GTA Real Estate Market More Balanced in July

  7/6/2023 | Posted in GTA Real Estate by Catherine Methven
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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

Lack of Listings Led to Tighter GTA Market Conditions in June

  6/5/2023 | Posted in GTA Real Estate by Catherine Methven
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GTA REALTORS® reported 7,531 sales through TRREB’s MLS® System in April 2023 – down by 5.2 per cent compared to April 2022. ... More

GTA Sales and Price Continue to Improve While Listings Remain Constrained

  6/3/2023 | Posted in GTA Real Estate by Catherine Methven
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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 highs. ... More

Home sales up 25% from last year, but supply remains low: Toronto real estate board

  5/29/2023 | Posted in GTA Real Estate by Catherine Methven
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'A change in investor behaviour is on the horizon,' report says ... More

More than half of GTA condo investors losing money on properties, says new report

  4/22/2020 | Posted in GTA Real Estate by Catherine Methven
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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

TRREB Releases Mid-April Market Update

  4/22/2020 | Posted in GTA Real Estate by Catherine Methven
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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 spike ... More

Toronto home sales plummet in April as coronavirus shutdowns hit housing market

  4/3/2020 | Posted in GTA Real Estate by Catherine Methven
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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. ... More

TRREB Releases Monthly Resale Housing Market Statistics

  2/10/2020 | Posted in GTA Real Estate by Catherine Methven
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Mortgage stress test forces homebuyers further outside GTA to find house they can afford. ... More

Drive until you qualify

  1/7/2020 | Posted in GTA Real Estate by Catherine Methven
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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 REALTORS Release December and Annual 2019 Stats

  12/4/2019 | Posted in GTA Real Estate by Catherine Methven
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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

TREB Releases November Market Figures as Reported by GTA REALTORS

  11/5/2019 | Posted in GTA Real Estate by Catherine Methven
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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

TREB Releases October Market Figures As Reported By GTA Realtors

  10/3/2019 | Posted in GTA Real Estate by Catherine Methven
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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

TREB Releases September Market Figures As Reported By GTA Realtors

  9/18/2019 | Posted in GTA Real Estate by Catherine Methven
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According to a recent BILD report, these charges make a significant impact on affordability. ... More

Buyers of new GTA homes face $222K in government charges

  9/5/2019 | Posted in GTA Real Estate by Catherine Methven
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,711 residential sales through TREB’s MLS® System in ... More

TREB Releases August Market Figures

  8/17/2019 | Posted in GTA Real Estate by Catherine Methven
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Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019. ... More

GTA market fundamentals to remain robust going forward

  8/6/2019 | Posted in GTA Real Estate by Catherine Methven
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GTA REALTORS® reported 8,595 sales through TREB's MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018.  ... More

TREB Releases July Market Figures

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