Main Content

Toronto Real Estate Market News

May 2022 Toronto Resale Market Statistics Released

Toronto housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly and annual basis. Conversely, active listings at the end of May were up on a month-over...

Read more

April 2022 Resale Market Figures Released

The Toronto housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis. As has been the case with previous rate tightening cycles, some home buyers have moved to the sid...

Read more

Canada’s Luxury Home Market is Skyrocketing

Something interesting happened during the coronavirus pandemic. Many Canadian housing markets are reporting an average sales price of more than $1 million, even if the homes themselves do not look like something you’d typically expect in th...

Read more

Toronto March 2022 Resale Market Statistics Released

There were almost 11,000 home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace of price growth, with an average selli...

Read more

February 2022 Resale Market Statistics Released

February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history. New listings dropped, but by a marginally lesser annual rate than sales, pointing to a modest mo...

Read more

January Resale Market Stats Released

Demand for ownership housing remained very strong from a historic perspective in January 2022. At the same time, listings remained in short supply, resulting in tight market conditions and very strong year-over-year price growth. There w...

Read more

December 2021 Resale Market Stats Released

A record 121,712 sales were reported by the Toronto Real Estate Board – up 7.7% from the previous 2016 high of 113,040 and up 28% compared to 2020. Record demand last year was up against a constrained supply of listings, with new listings up ...

Read more