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November 2023 Toronto Resale Market Statistics
December 21, 2023
High borrowing costs and uncertain economic conditions continued to weigh on Toronto home sales in November 2023. Sales were down on a year-over-year basis, while listings were up from last year’s trough in supply. With more choice in the market, selling prices remained basically flat year-over-year. Inflation and elevated borrowing costs have taken their toll […]
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The Benefits of Selling a Home in the Winter
November 18, 2023
Many people assume that selling a home in the winter is not the most ideal, but this perspective overlooks the unique opportunities that the season can bring. Far from being a liability, the winter months offer specific market dynamics that can play to your advantage. Rather than viewing winter as a period to endure or […]
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Canadian and Toronto Luxury Real Estate Fall 2023 Report
November 9, 2023
As Canada’s housing market continued to wrestle with the challenges of elevated mortgage rates, uneven economic performance and intense geopolitical turbulence, reviving luxury single family home sales in the third quarter of the year revealed the relative resilience and adaptability of luxury real estate buyers, as well as Canadians’ unwavering desire to attain home ownership. […]
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October 2023 Toronto Resale Home Report
November 4, 2023
Lack of affordability and uncertainty remained issues for many would-be home buyers in Toronto in October 2023. As a result, sales edged lower compared to last year. However, selling prices remained higher than last year’s levels. Record population growth and a relatively resilient Toronto economy have kept the overall demand for housing strong. However, more […]
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September 2023 Toronto Luxury Home Resale Report
October 10, 2023
The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Toronto luxury home sales in September. However, despite the market being better-supplied with listings, the average selling price was up year-over-year. The short and medium-term outlooks for the Toronto luxury housing market […]
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