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Posts Tagged ‘toronto real estate market’

Resale Market Statistics Released for January 2023

As we moved from 2022 into 2023, the Toronto luxury housing market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On a year-over-year basis, both sales and prices were down...

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Large house in Rosedale Toronto

November 2022 Resale Market Statistics Released

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 commencem...

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October 2022 Resale Market Statistics Released

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 substantia...

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August 2022 Resale Market Stats Released

There were 5,627 home sales reported through the Toronto Regional Real Estate Board in August 2022, representing a year-over-year dip of 34.2%, a lesser annual rate of decline compared to the previous four months. The August sales result also r...

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July 2022 Resale Market Statistics Released

There were 4,912 home sales reported in July 2022 – down by 47% compared to July 2021. Following the regular seasonal trend, sales were also down compared to June. New listings also declined on a year-over-year basis in July, albeit down by a...

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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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