12/4/2024 | Posted in GTA Real Estate by Paul Solomons
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Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about ... More

GTA Home Sales Up Substantially in November

  11/6/2024 | Posted in GTA Real Estate by Paul Solomons
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Greater Toronto Area (GTA) home sales increased strongly year-over-year in October 2024. Over the same period, new listings were up, but by a lesser annual rate. The result was ... More

TRREB: Sales and Average Selling Price Increases in October

  10/3/2024 | Posted in GTA Real Estate by Paul Solomons
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Greater Toronto Area (GTA) home sales increased year-over-year in September. Buyers were starting to take advantage of more affordable market conditions brought about by ... More

TRREB: September Home Sales Improve Over Last Year

  9/5/2024 | Posted in GTA Real Estate by Paul Solomons
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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: GTA Housing Market Becoming More Affordable

  8/6/2024 | Posted in GTA Real Estate by Paul Solomons
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Greater Toronto Area (GTA) home sales in July 2024 were up compared to July 2023. While sales were up from last year, buyers continued to benefit from more choice in the GTA ... More

TRREB: Buyer Activity Increases Slightly in July

  7/4/2024 | Posted in GTA Real Estate by Paul Solomons
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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)

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TRREB: June Home Buyers Eying Further Interest Rate Relief

  6/5/2024 | Posted in GTA Real Estate by Paul Solomons
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May home sales continued at low levels, especially in comparison to last spring’s short-lived pick-up in market activity as home buyers are still waiting for relief on ... More

Home Buyers Experience Less Competition in May

  5/3/2024 | Posted in GTA Real Estate by Paul Solomons
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April 2024 home sales were down in comparison to April 2023, when there was a temporary resurgence in market activity. New listings were up strongly year-over-year, which meant ... More

TRREB: More Choice for Home Buyers in April

  4/12/2024 | Posted in GTA Real Estate by Paul Solomons
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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

GTA home prices to see biggest gains in 2024 as Canada's housing market set for 'uncomfortably busy' fall: Royal LePage

  4/3/2024 | Posted in GTA Real Estate by Paul Solomons
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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

Selling Prices Up In March and Set to Accelerate This Spring

  3/5/2024 | Posted in GTA Real Estate by Paul Solomons
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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

TRREB: Buyers Re-Enter the GTA Housing Market in February

  2/12/2024 | Posted in GTA Real Estate by Paul Solomons
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Canada is seeing “early signs” of a housing market upturn and Toronto could see prices bottom out this spring, a recent report from the Royal Bank of Canada ... More

Housing prices expected to hit 'bottom' in Toronto this spring: RBC report

  2/6/2024 | Posted in GTA Real Estate by Paul Solomons
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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 ... More

GTA REALTORS® Release January 2024 Stats

  1/4/2024 | Posted in GTA Real Estate by Paul Solomons
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While the overall demand for housing remained buoyed by record immigration in 2023, more of this demand was pointed at the rental market. The number of Greater Toronto Area ... More

The 2023 GTA Housing Market: High Borrowing Costs and Growing Affordability Challenges

  12/5/2023 | Posted in GTA Real Estate by Paul Solomons
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High borrowing costs and uncertain economic conditions continued to weigh on Greater Toronto Area (GTA) home sales in November 2023. Sales were down on a year-over-year basis, ... More

Elevated Borrowing Costs Taking a Toll on Housing Affordability

  11/28/2023 | Posted in GTA Real Estate by Paul Solomons
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Home prices in the Greater Toronto Area are expected to slide once again next year, according to a new report from one of the country’s largest real estate ... More

GTA home prices expected to drop in 2024: Re/Max report

  11/2/2023 | Posted in GTA Real Estate by Paul Solomons
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Lack of affordability and uncertainty remained issues for many would-be home buyers in the Greater Toronto Area (GTA) in October 2023. As a result, sales edged lower compared ... More

Higher Borrowing Costs See Buyers Remain on Hold

  10/4/2023 | Posted in GTA Real Estate by Paul Solomons
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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 ... More

High Rates Impacting Market, but Population Growth Will Soon Spur Demand

  9/6/2023 | Posted in GTA Real Estate by Paul Solomons
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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 ... More

Higher Borrowing Costs Continue to Impact Housing Market in August

  8/24/2023 | Posted in GTA Real Estate by Paul Solomons
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Single-family home sales up 11% this year, but can't make up for condo sales decline, July report states.

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GTA condo sales down 51% from 2022 levels: BILD

  8/22/2023 | Posted in GTA Real Estate by Paul Solomons
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Fuelled by a drop in prices, there was a “short burst of home-buying activity” in the Greater Toronto Area (GTA) during this year’s second quarter, but it was ... More

Detached home prices declined in all but four of Toronto's neighbourhoods last quarter: report

  8/3/2023 | Posted in GTA Real Estate by Paul Solomons
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Greater Toronto Area (GTA) home sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the market experienced more ... More

GTA Real Estate Market More Balanced in July

  7/6/2023 | Posted in GTA Real Estate by Paul Solomons
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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

Lack of Listings Led to Tighter GTA Market Conditions in June

  6/5/2023 | Posted in GTA Real Estate by Paul Solomons
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GTA REALTORS® reported 7,531 sales through TRREB’s MLS® System in April 2023 – down by 5.2 per cent compared to April 2022.

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GTA Sales and Price Continue to Improve While Listings Remain Constrained

  6/3/2023 | Posted in GTA Real Estate by Paul Solomons
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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 ... More

Home sales up 25% from last year, but supply remains low: Toronto real estate board

  5/29/2023 | Posted in GTA Real Estate by Paul Solomons
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'A change in investor behaviour is on the horizon,' report says

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More than half of GTA condo investors losing money on properties, says new report

  4/22/2020 | Posted in GTA Real Estate by Paul Solomons
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Greater Toronto Area REALTORS® reported 1,654 home sales through TRREB’s MLS® System during the first 17 days of April – down by 69 per cent compared to the ... More

TRREB Releases Mid-April Market Update

  4/22/2020 | Posted in GTA Real Estate by Paul Solomons
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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 ... More

Toronto home sales plummet in April as coronavirus shutdowns hit housing market
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