OCTOBER KEPT THE RECORD-BREAKING STREAK ALIVE: WHAT’S HAPPENING IN THE MARKET?
GTA Home sales were up again year-over-year for the fourth month in a row. The Toronto Real Estate Board reported 10,563 sales through the MLS for the month of October 2020. These numbers displayed an increase of 25.1 per cent compared to the 8,445 transactions back in October of last year. New listings and sales […]
A RECORD-BREAKING SEPTEMBER: WHAT IS HAPPENING IN THE MARKET?
The Toronto Real Estate Board reported 11,083 sales in September 2020- a record-breaking number of sales for the month of September. This result was up by 42.3 per cent compared to September 2019. The third quarter of 2020 broke new records within the Toronto Real Estate Market, sales through the first nine months of 2020 […]
A STRONG JULY: WHAT’S HAPPENING IN THE MARKET?
July 2020 certainly bounced back economically within Toronto’s Real Estate Market. The Toronto Real Estate Board reported 11,081 sales through TRREB’s MLS System in July 2020. This figure set a new record for the month of July and displayed a 29.5 per cent increase over July 2019. On a preliminary seasonally adjusted basis, sales increased […]
A PROMISING MAY: WHAT’S HAPPENING IN THE MARKET? | COVID-19
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 […]
A COMPELLING APRIL: WHAT’S HAPPENING IN THE MARKET?
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 […]
MARCH MADNESS: WHAT’S HAPPENING IN THE MARKET? | COVID-19
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 […]
A FAST-PACED FEBRUARY: WHAT’S HAPPENING IN THE MARKET?
February 2020 proved a fast-paced month for Toronto real estate and it’s only predicted to move faster. The pace remained in line with the forecast and displayed a very strong year-over-year price and sales growth. The staggering growth in residential transactions increased by 45.6 per cent compared to sales in February 2019. Although, February 2020 […]
JANUARY’S STRONG START: WHAT’S HAPPENING IN THE MARKET?
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 […]
DECEMBER’S STRONG RECOVERY: A DECADE IN REVIEW
The Toronto Real Estate Board reported a 17.4 per cent increase in residential sales year-over-year for December 2019. The 2019 calendar year reported 87,825 sales in total – up by 12.6 per cent compared to the decade low of 78,015 sales reported in 2018. As a result, 2019 sales were on par with the average […]
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 […]