Here is some positive news in the mortgage world that will be well received (especially for the variable rate mortgage holders).
Rate Hikes Are Definitely Off The Table
The Canadian economy weakened surprisingly more in ...
Toronto condo and loft sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the market experienced more balance in July compared to June, with sales trending lower while new listin...
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 betwee...
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 sell...
The Toronto condo and loft market continued to improve from a sales perspective in May 2023. Unfortunately, the supply of units for sale did not keep up with demand. Sales as a share of new listings were up dramatically compared to a year ago. ...
The Toronto condo and loft market continued to tighten in April 2023. On a year-over-year basis, sales edged lower compared to April 2022, but new listings were down by more than one-third. Fewer listings relative to sales meant there was more ...
In line with the general market trends, Toronto condo and loft sales and the average selling price were lower in the first quarter of 2023 compared to the same period in 2022. However, strong population growth, tight rental market conditions an...
Toronto condo and loft market conditions tightened in March 2023. Sales accounted for an increased share of listings in comparison to March 2022, suggesting that competition between buyers is on the rise. The average sale price was above the av...