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]

The Toronto Real Estate reported that December 2019 residential sales reported through TREB’s MLS® System by Greater Toronto Area REALTORS® were up by 17.4 per cent year-over-year to 4,399. Total sales for calendar year 2019 amounted to 87,825 – up by 12.6 per cent compared to the decade low 78,015 sales reported in 2018. On an annual basis, 2019 sales were in line with the median annual sales result for the past decade. We certainly saw a recovery in sales activity in... [read more]

The Toronto Real Estate Board announced that Toronto sales were up by 14.2 per cent compared to November 2018. 7090 sales were reported in November 2019 through the Toronto MLS system. Inventory level's are tight and a lack of listings is driving up prices.  Annual sales growth in ground-oriented home types, including detached houses, led the way. New listings entered into... [read more]