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March 2019 Resale Statistics Released April 3, 2019 The Toronto Real Estate Board reported 7,187 residential sales in March 2019. This result was inline with 7,188 sales reported in March 2018. For the first quarter of 2019, sales were down by 1% compared to Q1 2018. The OSFI stress test continues to impact home buyers’ ability to qualify for a mortgage. TREB is […] Read More
Toronto’s Most Expensive Condo Buildings in 2018 April 1, 2019 Condo sales in Toronto experienced the strongest price growth of any home type in 2018. The average unit appreciated 8.7% to $593,366, well outpacing the rest of the market. In comparison, detached home prices saw an average depreciation of -7.1%, while semi-detached and townhouse prices rose 1% and 2.7%, respectively. And while affordability was the […] Read More
February 2019 Resale Statistics Released March 31, 2019 The Toronto Real Estate Board reported 5,025 homes sold in February 2019. This sales total was down by 2.4% on a year-over-year basis. Sales were also down compared to January 2019 following preliminary seasonal adjustment. The OSFI mandated mortgage stress test has left some buyers on the sidelines who have struggled to qualify for the […] Read More
Toronto Condo Market Q4 Statistics Released March 30, 2019 The Toronto Real Estate Board reported 5,191 condo and loft sales in the fourth quarter of 2018. This result was down by 9.9% compared to the last three months of 2017. New condo and loft listings were down by more than sales on a year-over-year basis – dropping 11.2% from 8,186 in Q4 2017 to […] Read More
January 2019 Resale Statistics Released March 29, 2019 The Toronto Real Estate Board reported 4,009 home sales through TREB’s MLS® in January 2019 – up by 0.6% compared to January 2018. On a preliminary seasonally adjusted basis, sales were up by 3.4% compared to December 2018. It is encouraging to see the slight increase in January transactions on a year-over- year basis, even […] Read More
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