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Alex Prasoulis

November 2019 Toronto Commercial Real Estate Report

Wednesday Nov 06th, 2019

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The Toronto Real Estate Board announced that TREB Commercial Network Members reported 6,295,432 square feet of leased space in Q3 2019 for all lease transactions types across the industrial, commercial/retail and office market segments. This result represented an 8.7 per cent decline compared to Q3 of 2019. Year-over-year changes in average per square foot net lease rates, for transactions with pricing disclosed, were mixed in Q3 2019. The average commercial/retail lease rate rose to $26.75... [read more]

November 2018 Toronto Real Estate Update

Saturday Dec 08th, 2018

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The Toronto Real Estate Board announced the continuation of moderate price growth in November 2018 compared to November 2017. The average selling price was up by 3.5 per cent year-over-year to $788,345.Greater Toronto Area REALTORS® reported 6,251 residential transactions through TREB's MLS® System in November 2018. This result was down by 14.7 per cent compared to November 2017. New listings were actually down more than sales on a year-over-year basis in November. This suggests... [read more]

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