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Posts Tagged ‘toronto real estate market’

Toronto Housing Market: Fall 2021 Outlook

The housing supply shortage is the prevailing theme in the Toronto housing market, much like the rest of Canada, where seller’s market conditions are present in 26 of 29 regions analyzed. These conditions are expected to continue in the fa...

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September 2021 Resale Market Figures Released

September marked the transition from the slower summer market to the busier fall market in Toronto. Every year, we generally see an uptick in sales, average selling price and listings after Labour Day, and September 2021 was no different. Sales...

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August 2021 Resale Market Figures Released

The Toronto Real Estate Board reported the third-best sales result on record for the month of August. While the market has taken its regular summer breather, it is clear that the demand for ownership housing remains strong. At the same time, th...

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July 2021 Resale Market Statistics Released

With almost 9,400 sales reported in July 2021, demand for ownership housing remained well-above average for the time of year despite being below the record July result set a year earlier. Market conditions actually tightened relative to July 20...

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June 2021 Resale Market Statistics Released

June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the regular seasonal trend. The average selling price in June increased ...

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Canadian Luxury Real Estate Markets Are Thriving

The Canadian luxury real estate market has captured the attention of wealthy homebuyers, investors, and public policymakers. As the broader Canadian housing sector balloons to levels unseen in decades, the luxury real estate industry is poppi...

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May 2021 Resale Market Statistics Released

Residential transactions reported remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the ...

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April 2021 Resale Statistics Released

Home sales in Toronto set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A simil...

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March 2021 Resale Market Statistics Released

For the third straight month of 2021, record home sales continued in March in Toronto with buyers taking advantage of favourable borrowing costs and continued improvement in many sectors of the economy. The Toronto Regional Real Estate B...

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February 2021 Resale Market Statistics Released

Record home sales in Toronto continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. With multiple buyers continuing to compete for many available listings, double-digit...

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