Posts Tagged ‘toronto real estate market’
June 2020 Resale Market Statistics Released
The Toronto Regional Real Estate Board reported 8,701 sales in June 2020. This result represented a very substantial increase over the May 2020 sales result, both on an actual (+89 per cent) and seasonally adjusted basis (+84 per cent), and was...
Toronto Real Estate | Growing Population and Low Inventory Persist
Toronto real estate is in high demand, and pressure on existing housing supply is expected to continue mounting as people flock to the city in search of home. For the second year running, Toronto’s population has been ranked as the fastest gr...
April 2020 Resale Market Figures Released
The Toronto Regional Real Estate Board reported 2,975 residential transactions, this result was down by 67% compared to April 2019. Weekday sales remained within a relatively steady range during the month, averaging 130 per day. New list...
What is Happening in the Toronto Real Estate Market?
As the coronavirus pandemic unfolds, it continues to change the way people work and live. The outcomes of the situation have affected the Toronto real estate market. Due to the market lag effect we likely won’t know how much the market will b...
Mid-April Resale Market Statistics Released
The Toronto Regional Real Estate Board reported results for the first 17 days of April 2020, in order to provide some guidance on the impact of COVID-19 on the Greater Toronto Area housing market: • There were 1,654 sales in the first 17 d...
March 2020 Resale Market Statistics Released
The Toronto Real Estate Board reported 8,012 home sales in March 2020 – up by 12.3% compared to 7,132 sales reported in March 2019. However, despite a strong increase in sales for March 2020 as a whole, there was a clear break in marke...
February 2020 Resale Statistics Released
The Toronto Real Estate Board reported 7,256 in February 2020, representing a 45.6% increase compared to a 10-year sales low in February 2019. However, February 2020 sales were still below the 2017 record result. New listings amounted to...
January 2020 Resale Market Statistics Released
The Toronto Real Estate Board reported 4,581 home sales in January 2020 – up by 15.4% compared to January 2019. On a preliminary seasonally adjusted basis, sales were up by 4.8% compared to December 2019. We started 2020 where 2019 left of...