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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 […] Read More
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 […] Read More
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
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