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July 2018 Resale Figures Released August 6, 2018 The Toronto Real Estate Board reported 6,961 sales for July 2018 – up 18.6% compared to July 2017. Over the same period, the average selling price was up by 4.8% to $782,129, including a moderate increase for detached home types. New listings in July 2018 were down by 1.8% year-over-year. Preliminary seasonal adjustment pointed to strong month-over-month increases of 6.6% and […] Read More
The Quest to Make Yorkville Condos More Aspirational Than Detached Homes July 27, 2018 The new class of condos set to take over Yorkville is unique in the quest to make condos as – if not more – aspirational than detached homes. They want addresses on Bloor Street, Yorkville Avenue, Cumberland Street, Avenue Road and surrounding areas to carry the same weight as addresses in Forest Hill or even […] Read More
Average Condo Price Continues to Climb in Q2 ’18 July 22, 2018 The Toronto Real Estate Board announced that the average selling price for condos and lofts in the second quarter of 2018 was up by 5.4% year-over-year to $561,338. The highest average selling price was in the City of Toronto, at $603,480 – up 6.5% compared to Q2 2017. Condos and lofts have outperformed other housing types over the past […] Read More
June Resale Market Figures Released July 7, 2018 The Toronto Real Estate Board reported 8,082 home sales in June 2018 – up 2.4% compared to the low June 2017 result. After preliminary seasonal adjustment, sales were also up 17.6% on a monthly basis between May 2018 and June 2018, continuing the trend of somewhat volatile month-over-month changes over the past year as home buyers reacted […] Read More
May 2018 Resale Statistics Released June 4, 2018 The Toronto Real Estate Board reported 7,834 sales through in May 2018. This result was down by 22.2% compared to May 2017. While the number of sales was down year-over-year, the annual rate of decline was less than reported in February, March and April, when sales were down by more than 30%. On a month-over-month basis, seasonally […] Read More
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