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Posts Tagged ‘luxury realtors in toronto’

June 2022 Resale Market Statistics Released

Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 – down by 41% compared to last year’s strong result. The number of transactions was also down compared to May 2022, but this is often the case due to t...

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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...

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How Much Can a Renovation Add to a Home’s Value?

Spring is right around the corner, and you may be thinking about making some home improvements. You love your home, but perhaps you want something a little bigger, or a little nicer. A renovation can get you there. At the same time, remodelling...

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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...

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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...

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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...

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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 ...

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