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May 2021 Resale Market Statistics Released June 13, 2021 Residential transactions reported remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May. TRREB reported 11,951 sales in […] Read More
April 2021 Resale Statistics Released May 6, 2021 Home sales in Toronto set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A similar trend was noted for the number of new listings reported. The Toronto Regional Real […] Read More
Toronto Condo and Loft Sales Rise Substantially in Q1 April 27, 2021 Year-over-year growth in first quarter 2021 condo and loft sales well outstripped growth in listings over the same period in Toronto.  First quarter 2021 Toronto condo and loft sales reported totalled 9,398 – up 79.8% compared to 5,226 in Q1 2020. The number of new listings in Q1 2021 amounted to 11,373 – a 42.8% […] Read More
Toronto Housing Market Outlook (2021) December 28, 2020 Toronto housing market to favour sellers in 2021, prices expected to rise 6% The Toronto housing market is expected to be in seller’s favour in 2021, characterized by a persistent supply shortage and rising prices. Low inventory has been a common trend across many Ontario housing markets in 2020, putting upward pressure on prices. Indeed, […] Read More
Why Are Toronto Real Estate Prices Still So High? September 20, 2020 It might be hard to believe, but it has already been six months since the coronavirus pandemic forced Canada into lockdown. Despite the progress that has been made in the wake of the public health crisis, COVID-19 has severely disrupted the national economy and the country’s finances. It might be a couple of years until […] Read More
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