Recent Posts
Toronto Resale December and Year-End 2023 Statistics Released
January 22, 2024
While the overall demand for housing remained buoyed by record immigration in 2023, more of this demand was pointed at the rental market. The number of Toronto home sales in 2023 came in at less than 70,000 due to affordability issues brought about by high mortgage rates. High borrowing costs coupled with unrealistic federal mortgage […]
Read More
November 2023 Toronto Resale Market Statistics
December 21, 2023
High borrowing costs and uncertain economic conditions continued to weigh on Toronto home sales in November 2023. Sales were down on a year-over-year basis, while listings were up from last year’s trough in supply. With more choice in the market, selling prices remained basically flat year-over-year. Inflation and elevated borrowing costs have taken their toll […]
Read More
October 2023 Toronto Resale Market Report
November 10, 2023
Lack of affordability and uncertainty remained issues for many would-be home buyers in Toronto in October 2023. As a result, sales edged lower compared to last year. However, selling prices remained higher than last year’s levels. Record population growth and a relatively resilient Toronto economy have kept the overall demand for housing strong. However, more […]
Read More
September 2023 Toronto Condo and Loft Resale Report
October 10, 2023
The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Toronto condo and loft sales in September. However, despite the market being better-supplied with listings, the average selling price was up year-over-year. The short and medium-term outlooks for the Toronto condo and […]
Read More
Toronto Condo and Loft August Resale Statistics Released
September 13, 2023
Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer Toronto condo and loft sales in August 2023 compared to August 2022. The average selling price remained virtually unchanged over the same period. On a seasonally adjusted monthly basis, sales and average […]
Read More
Categories
communitiesDowntown Toronto CondosFirst-Time BuyersHome RenovationsInterior DesignInvesting in Real EstateLatest NewsLuxury CondosMarket ReportsMidtown Toronto CondosMortgagesNew Toronto CondosNew Toronto LoftsReal Estate TipsToronto Condo BuyersToronto Condo InformationToronto Condo ListingsToronto Condo Market NewsToronto Condo NewsToronto Condo SellersToronto Real Estate News