A RESILIENT JUNE: WHAT’S HAPPENING IN THE MARKET?


07 Jul | Buying

As our city is doing its best to adhere to the everchanging provincial rules and precautions throughout this ongoing COVID-19 pandemic, our Real Estate market is continuing to do its best to survive throughout these changes as well. There were 8,701 sales reported through the Toronto Real Estate Board’s MLS System in June 2020. These […]

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A PROMISING MAY: WHAT’S HAPPENING IN THE MARKET? | COVID-19


08 Jun | Buying

As our city continues the fight against the COVID-19 pandemic by extending Toronto’s state of emergency until July, indefinitely, adjustments have had to be made all around. The Toronto Real Estate Market has continued to feel the effects of this pandemic, although, keeping in mind the seasonal adjustments that occur throughout the year, Toronto’s Real […]

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A COMPELLING APRIL: WHAT’S HAPPENING IN THE MARKET?


06 May | Buying

As COVID-19 continues its effect on our everyday lives- health, employment, safety and lack of social interaction etc. COVID-19 has also proven to have an effect on the Toronto Real Estate Market as well. Once again, we would like to extend our sincerest thanks and our tremendous gratitude to all of our first responders and […]

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MARCH MADNESS: WHAT’S HAPPENING IN THE MARKET? | COVID-19


06 Apr | Buying

There’s no doubt that COVID-19 has had an impact on the Toronto Real Estate Market after the city announced its state of emergency in mid-March 2020, but what does this impact look like overall? It is important to remember the following things before reviewing the Toronto Real Estate statistics… The COVID-19 virus is a global […]

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JANUARY’S STRONG START: WHAT’S HAPPENING IN THE MARKET?


07 Feb | Buying

The new decade has picked up right where 2019 left us. Home sales in January 2020 were up by 15.4 per cent compared to those of January 2019. Taking seasonal adjustment into account, sales were up by 4.8 per cent compared to December 2019 sales numbers. The number of sales competing with the dip in […]

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A FAST-PACED NOVEMBER:  WHAT’S HAPPENING IN THE MARKET?


05 Dec | Buying

The Toronto Real Estate Board reported a 14.2 per cent increase in sales in November 2019 compared to November 2018. With reports of 7,090 sales throughout November, sales were up year-over-year as a result in all segments of the market. Moreover, the number of new listings entered into TREB’s MLS System in November 2019 compared […]

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A COMPETITIVE OCTOBER: WHAT’S HAPPENING IN THE MARKET?


06 Nov | Buying

The Toronto Real Estate Board reported a total of 8,491 residential sales within the GTA in October 2019. Demonstrating a 14 per cent increase compared to the sales reported in October 2018. Year-over-year, sales were up in the GTA for all major home types. Moreover, the trend of annual sales growth, due primarily to the […]

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A STEADY SEPTEMBER: WHAT’S HAPPENING IN THE MARKET?


04 Oct | Buying

The Toronto Real Estate Board announced a reported 7,825 sales in September 2019 which represented a strong annual growth of 22 per cent compared to 2018. Although the sales still don’t surmount the sales reported in September 2016, the Toronto Real Estate Market is definitely heating up. As a result of the inevitable seasonal adjustment, […]

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Mortgage Stress Test Rates Drop for The First Time Since 2016


26 Jul | Buying

While the Bank of Canada’s mortgage rates in the OSFI Stress Test has proved to live up to its name since implemented back in January 2018. Last Friday, however, the banks finally decided to lower their mortgage rates for the first time in almost 3 years. The central bank’s five-year benchmark qualifying rate has dropped […]

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A FAVOURABLE MAY: WHAT’S HAPPENING IN THE MARKET?


06 Jun | Homeownership

The Toronto Real Estate Board announced that Greater Toronto Area reported 9,989 transactions in May 2019. While this result indicates a substantial increase of 18.9 per cent compared to the 15-year low back in May 2018, we still need to consider that the result is still below the average for May sales over the previous […]

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