There were 5,627 home sales reported through the Toronto Regional Real Estate Board’s MLS® System in August 2022, representing a year over-year dip of 34.2 per cent – a lesser annual rate of decline compared to the previous four months. The August sales result also represented a month-over-month increase compared to July. Sales represented a higher share of new listings compared to the previous three months. If this trend continues, it could indicate some... [read more]

Throughout the history of journalism, reporters would pride themselves on getting the “inside scoop” on a story. In fact, that’s where that expression came from. So imagine you’re shopping for a new home and click on a listing online. Up comes all the property information. But, chances are, there is more to the story of that property than is presented in that listing. For example, you might want to know more about: • The empty field behind the home. • The... [read more]

Sales Remain Strong in May 2021 with a slight cool down in Market Activity compared to March 2021   Residential transactions reported through TRREB’s MLS® System remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May. Greater Toronto Area REALTORS®... [read more]

The outlook for the GTA real estate market is healthy with strong buying intentions, a near-record sales forecast of more than 100,000, and a record average selling price over $1 million. The Toronto Regional Real Estate Board (TRREB) has just released its must-read Market Year in Review & Outlook 2021 Report and eagerly awaited digital digest containing TRREB’s annual market outlook, up-to-date Ipsos consumer polling results, the most recent Altus new home and commercial statistics,... [read more]

Common questions I get asked all the time is; How's the market? How do you think the market will perform this year? Will the market go down? So I decided to write this article to give my opinion about what I think you should expect for the Toronto Real Estate market in 2020.   Over the past few years we have seen some ups and downs in the Real Estate market. In 2018, after... [read more]