12/5/2024 | Posted in Toronto Real Estate by Paul Solomons
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While the Greater Toronto Area is expected to see a bump in home prices in 2025, condo prices will not recover next year, according to a new report by Royal LePage.
... More 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
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
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
9/10/2024 | Posted in Canadian Housing Market by Paul Solomons
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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 ... More
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
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
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)
... More 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
5/25/2024 | Posted in Toronto Real Estate by Paul Solomons
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Move will open up housing options and build density
... More 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
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 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
2/29/2024 | Posted in Canada Living by Paul Solomons
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The cost of living in Toronto went up nearly 20 per cent between 2017 and 2022 – but that’s less than half the increase seen in the city’s housing prices over ... More
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
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
1/31/2024 | Posted in Rental Market by Paul Solomons
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Condominium apartment leasing activity continued to be strong in the fourth quarter of 2023 according to the latest data released by TRREB. The number of lease transactions ... More
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
1/3/2024 | Posted in Toronto Real Estate by Paul Solomons
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If history is any guide, once people buy into the notion that interest rates are going to be declining, you will start to see noticeable movement back into the market… ... More
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
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
10/17/2023 | Posted in Canadian Housing Market by Paul Solomons
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Home resales fell by 1.9 per cent across Canada in September, the third month in a row that resale rates have dropped, according to a new report by RBC.
... More 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
9/19/2023 | Posted in Toronto Real Estate by Paul Solomons
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Multiplexes will now be permitted to be built across Toronto after being approved by councillors on Wednesday in a bid to create more housing options.
... More 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
9/5/2023 | Posted in Toronto Real Estate by Paul Solomons
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Housing affordability in Toronto would remain strained even in the event of a deep economic recession, a new Desjardins analysis has found, highlighting the challenge ahead in ... More
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
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
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
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