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Q2 2023 Toronto Condo and Loft Market Statistics Released
July 20, 2023
Market conditions in the Toronto condo and loft market segment tightened markedly in the second quarter of 2023. Sales were up strongly on a year-over-year basis, whereas the number of new listings was down sharply. With more competition between buyers, average Toronto condo and loft selling prices should climb above last year’s levels in the […]
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June 2023 Toronto Condo and Loft Resale Market Statistics Released
July 12, 2023
Toronto condo and loft sales and the average selling price in the Toronto Condo and Loft Market in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average selling price and the MLS® Home Price Index (HPI) Composite benchmark were up compared to the previous month. […]
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Toronto Luxury Real Estate Report (2023)
April 20, 2023
LUXURY REAL ESTATE SALES CLIMB AS PENT-UP DEMAND BUOYS ACTIVITY Limited inventory has placed upward pressure on values and prompted a new round of competitive offers on well-priced homes in desirable areas Heated home-buying activity is spilling into luxury segments in major Canadian housing markets as supply constraints spark new rounds of competition. Much […]
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Resale Market Statistics Released for January 2023
February 4, 2023
As we moved from 2022 into 2023, the Toronto condo and loft market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On a year-over-year basis, both sales and prices were down markedly, continuing to highlight the impact of higher borrowing costs on affordability over […]
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5 Reasons Toronto Condos and Lofts Don’t Sell
February 1, 2023
Most condo and loft sellers have two main objectives: to sell quickly and for the highest price. The beauty of owning real estate (whether it’s a principal residence or an investment property) is that historically, it has yielded solid returns to Torontonians who are in it for the long haul. Indeed, equity gains in Toronto […]
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