Posts Tagged ‘toronto real estate market’
November 2021 Toronto Resale Stats Released
Home sales reached a new record for the month of November and the average selling price also reached a new all-time high. New listings were down substantially compared to last year for all market segments – further highlighting the inherent s...
Toronto Real Estate Market Expected to Remain Extremely Tight
What a wild ride the Toronto real estate market has endured over the last 20 months! At the onset of the coronavirus pandemic, there was a widespread belief that one of the world’s hottest housing markets was going to witness a steep de...
October 2021 Resale Market Statistics Released
Home sales in Toronto reached the second-highest level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down by approximately one-third compared to October ...
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...
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...
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...
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...
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 ...