LOOKING AHEAD THIS NOVEMBER – WHAT’S HAPPENING IN THE MARKET?
The Greater Toronto Area (GTA) housing market experienced a decline in sales in November 2023 due to high borrowing costs and uncertain economic conditions. However, the number of listings increased from last year’s supply. The market saw flat selling prices year-over-year, as inflation and elevated borrowing costs impacted affordability. The housing market is sensitive to […]
A FAST-PACED NOVEMBER: WHAT’S HAPPENING IN THE MARKET?
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 […]
The Calm Before the Spring: What’s Happening in Toronto’s Market?
Forecasts Were in the Right Ballpark “When TREB released its Outlook for 2018, the forecast anticipated a slow start to the year compared to the historically high sales count reported in the winter and early spring of 2017,” says Tim Syrianos, the Toronto Real Estate Board President. These forecasts were right on cue. This February, sales activity was relatively slow. With […]