Rate cuts have yet to budge GTA housing market: RBC
9/10/2024 | Posted in Canadian Housing Market by Jessi Sandhu
While the Bank of Canada may be lowering interest rates, the move is not having an immediate effect on Canada‘s housing market, an economist at one of Canada’s biggest ... More
TRREB: GTA Housing Market Becoming More Affordable
9/5/2024 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) home sales were down on a year-over-year basis in August 2024. New listings were up slightly over the same period. While the region’s housing ... More
TRREB: June Home Buyers Eying Further Interest Rate Relief
7/4/2024 | Posted in GTA Real Estate by Jessi Sandhu
June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month last year, according to the Toronto Regional Real Estate Board (TRREB) ... More
4/12/2024 | Posted in GTA Real Estate by Jessi Sandhu
Housing prices in the GTA are expected to rise 10 per cent this year and will likely surpass those in Greater Vancouver by the end of 2024, according to an updated forecast by ... More
Selling Prices Up In March and Set to Accelerate This Spring
4/3/2024 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) REALTORS® reported 6,560 sales through TRREB’s MLS® System in March 2024 – down by 4.5 per cent compared to March 2023. ... More
TRREB: Buyers Re-Enter the GTA Housing Market in February
3/5/2024 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) home sales and new listings were up on an annual and monthly basis in February 2024. Selling prices also edged upward compared to a year earlier. ... More
Toronto home sales up in February from last year as consumers eye rate cuts: TRREB
3/5/2024 | Posted in GTA News by Jessi Sandhu
Greater Toronto home sales and listings were up in February from last year, but adjusted sales were down from a month earlier, the region's real estate board said Tuesday. ... More
GTA REALTORS® Release January 2024 Stats
2/6/2024 | Posted in GTA Real Estate by Jessi Sandhu
Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from lower borrowing costs associated with fixed ... More
High Rates Impacting Market, but Population Growth Will Soon Spur Demand
10/4/2023 | Posted in GTA Real Estate by Jessi Sandhu
The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Greater Toronto Area ... More
GTA new home sales activity hovers near-record lows
9/22/2023 | Posted in New Developments by Jessi Sandhu
August activity at more than 60% below the region's 10-year average sales level ... More
Higher Borrowing Costs Continue to Impact Housing Market in August
9/6/2023 | Posted in GTA Real Estate by Jessi Sandhu
Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer home sales in August ... More
Lack of Listings Led to Tighter GTA Market Conditions in June
7/6/2023 | Posted in GTA Real Estate by Jessi Sandhu
Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a ... More
Home sales up 25% from last year, but supply remains low: Toronto real estate board
6/3/2023 | Posted in GTA Real Estate by Jessi Sandhu
The slowdown in Toronto's housing market continued to slip away last month as home sales came in higher than they were a year ago and prices edged closer to pandemic highs. ... More
2020 Property Tax Deferral Schedule in the GTA
4/27/2020 | Posted in GTA News by Jessi Sandhu
TRREB has developed a COVID-19 property tax deferral schedule for every Greater Toronto Area municipality for your convenience and use. ... More
Toronto home sales plummet in April as coronavirus shutdowns hit housing market
4/22/2020 | Posted in GTA Real Estate by Jessi Sandhu
Toronto home sales tumbled in the first half of April, down 69 per cent compared with the previous year, as the coronavirus pandemic led to an economic slowdown and a huge spike ... More
TRREB Releases Monthly Resale Housing Market Statistics
4/3/2020 | Posted in GTA Real Estate by Jessi Sandhu
Despite a strong increase in sales for March 2020 as a whole, there was a clear break in market activity between the pre-COVID-19 and post-COVID-19 periods. ... More
GTA REALTORS Release December and Annual 2019 Stats
1/7/2020 | Posted in GTA Real Estate by Jessi Sandhu
The MLS® Home Price Index Composite Benchmark was up by 7.3% on a year-over- year basis in Dec 2019. From June 2019 onward, the annual growth rate in the MLS® HPI ... More
TREB Releases November Market Figures as Reported by GTA REALTORS
12/4/2019 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,090 sales through TREB’s MLS® System in November 2019 ... More
Toronto home prices rise most since 2017 as listings plunge in November
12/4/2019 | Posted in Toronto Real Estate by Jessi Sandhu
Price growth in Canada’s largest housing market accelerated last month at the fastest pace since 2017 as sales rose and the inventory of homes available for purchase fell ... More
TREB Releases September Market Figures As Reported By GTA Realtors
10/3/2019 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,825 sales through TREB's MLS® System in September 2019. ... More
Buyers of new GTA homes face $222K in government charges
9/18/2019 | Posted in GTA Real Estate by Jessi Sandhu
According to a recent BILD report, these charges make a significant impact on affordability. ... More
TREB Releases August Market Figures
9/5/2019 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,711 residential sales through TREB’s MLS® System in ... More
GTA largely responsible for house flipping in the Waterloo region
8/19/2019 | Posted in Ontario Real Estate by Jessi Sandhu
Real estate flipping in the Waterloo region is mostly committed by investors from the Greater Toronto Area, according to a new report by Canada Mortgage and Housing Corporation. ... More
GTA market fundamentals to remain robust going forward
8/17/2019 | Posted in GTA Real Estate by Jessi Sandhu
Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019. ... More
Rising detached home sales pull up average price in the GTA
7/15/2019 | Posted in GTA Real Estate by Jessi Sandhu
The bounce-back in single-detached home sales is contributing to an uptick in average price, with more than 50 per cent of neighbourhoods in the Greater Toronto Area reporting an ... More
CRE activity in the GTA dropped 15% year-over-year in Q2
7/15/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Commercial real estate in the Greater Toronto Area saw a slower pace of activity in the second quarter of 2019 compared to a year earlier. ... More
GTA's office market will remain hard-pressed to keep up with demand
7/3/2019 | Posted in Commercial Real Estate by Jessi Sandhu
The Greater Toronto Area will see approximately 2.2 million square feet of new office space by the end of the year, but this would not be nearly ... More
New GTA home sales jumped 94% in May compared to a year earlier
6/27/2019 | Posted in New Developments by Jessi Sandhu
There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% from ... More
Toronto home sales up 18.9% in May from last year: TREB
6/7/2019 | Posted in GTA News by Jessi Sandhu
Market beginning to favour sellers, number of listings is lagging - TREB says there were 9,989 sales in May, up 18.9 per cent from the 15-year low in May 2018, while listings ... More
GTA new home sales jumped 123% in April
6/6/2019 | Posted in GTA Real Estate by Jessi Sandhu
There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year. ... More
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