A FAVOURABLE MAY: WHAT’S HAPPENING IN THE MARKET?
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 […]
MARCH’S TIGHTER CONDITIONS: WHAT’S HAPPENING IN THE MARKET
There were 7,187 home sales reported in the Greater Toronto Area (GTA) this March. The average price across housing types was $788,335. While March’s sales statistics have remained relatively flat year-over-year, the average sale price has risen. Current conditions On a year-over-year basis, March’s 2019 sales activity in the GTA has remained relatively steady reporting […]
FEBRUARY’S CONDITIONS: WHAT’S HAPPENING IN THE MARKET
There were 5,025 home sales reported in the Greater Toronto Area (GTA) this February. The average price across housing types was $780,397. These numbers reflect some of the ongoing issues that have been impacting the market over the last two years… Current conditions On a year-over-year basis, February’s sales activity in the GTA was down. […]