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November 2022 Resale Market Statistics Released December 6, 2022 Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period last year, following the trend that unfolded since the commencement of interest rate hikes in the spring. New listings were also down substantially from last year, and at […] Read More
October 2022 Resale Market Statistics Released November 4, 2022 Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in Toronto found some support near $1.1 million since the late summer. Toronto luxury home sales continued to adjust to substantially higher interest rates in October 2022, both on an annual and monthly basis. However, new listings are also […] Read More
September 2022 Toronto Resale Market Statistics Released October 11, 2022 The Toronto housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44.1% compared to September 2021. New listings were also down on a year-over-year basis by 16.7% to 11,237. This was the lowest number of new listings reported for the month of […] Read More
What is Staging? Is It Important? September 29, 2022 So, you’ve decided to sell your Toronto luxury home. No matter what your reasons are for moving, such a big change can be overwhelming. It can seem daunting with everything you need to know. Don’t worry, you’ve come to the right place. Selling your home can be emotional, which is why it helps to have […] Read More
Everything You Need To Know About Toronto Real Estate Right Now September 23, 2022 What a difference a year can make in the Toronto real estate market. Market conditions in Canada’s largest urban centre were sizzling, from bidding wars to homes sold way over the asking price, thanks to historically low interest rates, cheap money and immense liquidity. Now that monetary policy is tightening, it seems the chickens are coming […] Read More
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