Posts Tagged ‘toronto real estate market’
August 2020 Resale Housing Statistics Released
The Toronto Real Estate Board announced that the strong rebound in Toronto home sales continued with a record result for the month of August. TREB reported 10,775 residential sales in August 2020 – up by 40.3% compared to August 2019. ...
Toronto Housing Market Outlook (Fall 2020)
Buyers have returned to the Toronto housing market after a brief but dramatic decline in activity at the start of the pandemic. The lockdown measures that began in mid-March put an abrupt hold on what was primed to be a busy spring market, but ...
July 2020 Resale Market Report Released
The Toronto Regional Real Estate Board reported 11,081 sales in July 2020 – a 29.5% increase over July 2019 and a new record for the month of July. On a preliminary seasonally adjusted basis, sales were up by 49.5% compared to June 2020. Y...
How Do You Win a Bidding War?
Up until mid-March 2020, Toronto real estate was on track for a busy spring market. As the pandemic hit and social distancing measures took effect, the resulting business closures and greater economic uncertainty lead to a dramatic ...
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...