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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]

Toronto Rental Market Report

Friday Oct 19th, 2018

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The Toronto Real Estate Board announced that Greater Toronto Area REALTORS® continued to report robust average annual rent increases for condominium apartments during the third quarter 2018 compared to Q3 2017.  The overall number of lease transactions for condominium apartments was also up by 5.8 per cent year-over-year to 9,215 in Q3 2018. Sustained population growth and low unemployment continued to drive demand for condominium apartment rentals in the GTA in the third... [read more]

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