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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 […] Read More
Everything You Need To Know About Toronto Real Estate Right Now September 22, 2022 What a difference a year can make in the Toronto real estate market. Market conditions in Canada’s largest urban centre were sizzling, from bidding wars to homes sold way over the asking price, thanks to historically low interest rates, cheap money and immense liquidity. Now that monetary policy is tightening, it seems the chickens are coming […] Read More
August 2022 Resale Market Stats Released September 3, 2022 There were 5,627 home sales reported through the Toronto Regional Real Estate Board in August 2022, representing a year-over-year dip of 34.2%, a lesser annual rate of decline compared to the previous four months. The August sales result also represented a month-over-month increase compared to July. Sales represented a higher share of new listings compared […] Read More
July 2022 Resale Market Statistics Released August 7, 2022 There were 4,912 home sales reported in July 2022 – down by 47% compared to July 2021. Following the regular seasonal trend, sales were also down compared to June. New listings also declined on a year-over-year basis in July, albeit down by a more moderate 4%. The expectation is that the trend for new listings […] Read More
Q2 2022 Condo Market Report Released August 1, 2022 The Toronto condo and loft market followed a similar trend to the housing market as a whole in Q2 2022. With 5,687 sales, the Q2 result represented a decline of 35.2% compared to Q2 2021. Over the same period, new listings remained flat at 14,316. With sales accounting for a lower share of listings, active […] Read More
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