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December 2021 Resale Market Stats Released January 9, 2022 A record 121,712 sales were reported by the Toronto Real Estate Board – up 7.7% from the previous 2016 high of 113,040 and up 28% compared to 2020. Record demand last year was up against a constrained supply of listings, with new listings up by 6.2% – a lesser annual rate than sales. The result […] Read More
November 2021 Toronto Resale Stats Released December 9, 2021 Home sales reached a new record for the month of November and the average selling price also reached a new all-time high. New listings were down substantially compared to last year for all market segments – further highlighting the inherent supply issue across all home types in Toronto. The Toronto Real Estate Board reported 9,017 […] Read More
Toronto Real Estate Market Expected to Remain Extremely Tight November 25, 2021 What a wild ride the Toronto real estate market has endured over the last 20 months! At the onset of the coronavirus pandemic, there was a widespread belief that one of the world’s hottest housing markets was going to witness a steep decline in sales and valuations. Yet, fast forward to autumn 2021: housing prices are at […] Read More
October 2021 Resale Market Statistics Released November 5, 2021 Home sales in Toronto reached the second-highest level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down by approximately one-third compared to October 2020. Market conditions tightened across all major home types compared to last year, and […] Read More
Q3 2021 Condo Market Statistics Released November 2, 2021 The Toronto condo and loft market has experienced strong growth in 2021 and this continued in the third quarter. Sales in Q3 were up substantially compared to the same period last year. In addition, the condo and loft inventory that built up during the initial phases of COVID has been more than absorbed with listings […] Read More
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