Recent Posts
Explore the Neighbourhood Before You Buy
January 2, 2023
The quality of the surrounding community is a significant factor in determining whether you will be happy in your new Toronto condo or loft. While choosing a neighbourhood and forming an accurate impression of it is tough until you actually live there, preliminary research on the area can reduce the likelihood of suffering from buyer’s […]
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November 2022 Resale Market Statistics Released
December 7, 2022
Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period last year, following the trend that unfolded since the commencement of interest rate hikes in the spring. New listings were also down substantially from last year, and at […]
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October 2022 Resale Market Statistics Released
November 4, 2022
Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Toronto found some support near $1.1 million since the late summer. Toronto condo and loft sales continued to adjust to substantially higher interest rates in October 2022, both on an annual and monthly basis. However, new listings […]
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2022 Q3 Condo Market Statistics Released
October 29, 2022
Following the ownership market as a whole, Q3 2022 Toronto condo and loft sales were off by approximately 46% compared to Q3 2021. Despite there being substantially more balance in the market in the third quarter relative to a year earlier, the average selling price was up year-over-year, albeit by less than the current pace […]
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September 2022 Toronto Resale Market Statistics Released
October 11, 2022
The Toronto housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44.1% compared to September 2021. New listings were also down on a year-over-year basis by 16.7% to 11,237. This was the lowest number of new listings reported for the month of […]
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