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 […]
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 […]
A COMPETITIVE OCTOBER: WHAT’S HAPPENING IN THE MARKET?
The Toronto Real Estate Board reported a total of 8,491 residential sales within the GTA in October 2019. Demonstrating a 14 per cent increase compared to the sales reported in October 2018. Year-over-year, sales were up in the GTA for all major home types. Moreover, the trend of annual sales growth, due primarily to the […]
A STEADY SEPTEMBER: WHAT’S HAPPENING IN THE MARKET?
The Toronto Real Estate Board announced a reported 7,825 sales in September 2019 which represented a strong annual growth of 22 per cent compared to 2018. Although the sales still don’t surmount the sales reported in September 2016, the Toronto Real Estate Market is definitely heating up. As a result of the inevitable seasonal adjustment, […]
A COMPETITIVE JUNE: WHAT’S HAPPENING IN THE MARKET?
The Toronto Real Estate Board’s new President, Michael Collins, revealed a 10.4 per cent increase in June 2019 sales statistics compared to that of June 2018 with a total of 8,860 sales through the Greater Toronto Area. The number of new listings remained stationary during the month of June and we witnessed a 5.7 per […]