A Cautiously-Optimistic October: What’s Happening In The Market?
As the Greater Toronto Area (GTA) real estate market continues to adjust to higher borrowing costs, interesting trends have emerged since prices slowed in the spring. While GTA REALTORS reported only 4,961 home sales in the resale market in October 2022 – down 49.1% compared to October 2021 – this number is not significantly lower […]
A More Active August: What’s Happening In The Market?
The month of August showed a slight upward trend in the Toronto housing market sales. The Toronto Regional Real Estate Board’s (TRREB) MLS System reported a total of 5,627 sales in August 2022. While this does represent a 34.2% decline in sales year-over-year, the decline was at a lower rate than the last four months, […]
A Calm July: What’s Happening In The Market?
Market conditions in the Greater Toronto Area (GTA) have been moving towards a more balanced state throughout the summer, and July was no exception. Compared to last year at the same time, buyers have found themselves with more options in the market, leading to a more moderate rate of annual growth. The Toronto Real Estate […]
A TIGHT JULY: WHAT’S HAPPENING IN THE MARKET?
The Toronto Real Estate Board announced a reported number of 8,595 sales in July 2019. This result demonstrated a significant increase of 24.3 per cent in sales compared to July 2018. Sales were up 5.1 per cent on a month-over-month basis, after the anticipated seasonal adjustment. Tighter Conditions Year-over-year, the number of new listings entered […]