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December 2021 Resale Market Stats Released

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 ...

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November 2021 Toronto Resale Stats Released

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 s...

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Q3 2021 Condo Market Statistics Released

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 du...

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2021 RE/MAX Condominium Report

Canadian real estate market sees higher share of condos in 2021, in wake of rising detached housing values; affordability shifts demand for condominiums into high gear in 2021 Staggering gains in detached housing values have sent condominium...

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Toronto Housing Market: Fall 2021 Outlook

The housing supply shortage is the prevailing theme in the Toronto housing market, much like the rest of Canada, where seller’s market conditions are present in 26 of 29 regions analyzed. These conditions are expected to continue in the fa...

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September 2021 Resale Market Figures Released

September marked the transition from the slower summer market to the busier fall market in Toronto. Every year, we generally see an uptick in sales, average selling price and listings after Labour Day, and September 2021 was no different. Sales...

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How Much is a Down Payment?

How Much You Need For a Down Payment Down payment vs. deposit Calculating your minimum down payment Saving for a down payment Rising housing prices are putting some homebuyers into a tough spot. A 2021 RE/MAX report reveals some...

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August 2021 Resale Market Figures Released

The Toronto Real Estate Board reported the third-best sales result on record for the month of August. While the market has taken its regular summer breather, it is clear that the demand for ownership housing remains strong. At the same time, th...

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