Posts Tagged ‘toronto real estate market’
December and the Year of 2020 Resale Statistics Released
Despite an unprecedented year due to COVID-19, including necessary public health restrictions and uncertainty surrounding the economy, the Toronto Regional Real Estate Board reported over 95,000 home sales in 2020 – the third-best result on r...
Toronto Housing Market Outlook (2021)
Toronto housing market to favour sellers in 2021, prices expected to rise 6% The Toronto housing market is expected to be in seller’s favour in 2021, characterized by a persistent supply shortage and rising prices. Low inventory has been a c...
November 2020 Resale Statistics Released
The record pace of Toronto home sales in the fall continued with 8,766 sales reported in November. This result was up by 24.3% compared to November of last year. Home buyers continued to take advantage of very low borrowing costs in November...
October 2020 Resale Market Statistics Released
Home sales in Toronto were up again year-over-year for the fourth month in a row. 10,563 sales as reported through the Toronto Regional Real Estate Board’s in October 2020. This was up by 25.1% compared to 8,445 transactions in October 2019. ...
Canadian Real Estate: A Look at the Hottest Luxury Markets
The Canadian real estate market has witnessed more highs than lows this year, despite the world facing an unprecedented public health crisis. After a modest slowdown at the height of the coronavirus pandemic, many regions across t...
September 2020 Resale Market Statistics Released
The Toronto Regional Real Estate Board reported 11,083 sales - a new record for the month of September. This result was up by 42.3% compared to September 2019. Following a record third quarter, sales through the first nine months of 2020 were u...
Top Trends in the Toronto Real Estate Market
The Toronto real estate market did not take the summer off. The overall housing market often experiences a slowdown in July and August as families take vacations or households head to their cottages. As everyone can attest to, 2020 is not exact...
Why Are Toronto Real Estate Prices Still So High?
It might be hard to believe, but it has already been six months since the coronavirus pandemic forced Canada into lockdown. Despite the progress that has been made in the wake of the public health crisis, COVID-19 has severely disrupted the nat...