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April 2020 Toronto Real Estate Sales Down Due to Covid 19 Social Distancing Measures

Tuesday May 05th, 2020

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Greater Toronto Area REALTORS reported 2,975 residential transactions through TRREB’s MLS System in April 2020. This result was down by 67 per cent compared to April 2019. Weekday sales remained within a relatively steady range during the month, averaging 130 per day.  New listings amounted to 6,174 in April 2020 – down on a year-over-year basis by a similar rate compared to sales. The necessary social distancing and economic impacts associated with COVID-19 clearly... [read more]

Toronto Home Sales up by 15.4% in January 2020

Monday Feb 10th, 2020

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Greater Toronto Area REALTORS® reported 4,581 home sales through TREB’s MLS® System in January 2020 – up by 15.4 per cent compared to January 2019. On a preliminary seasonally adjusted basis, sales were up by 4.8 per cent compared to December 2019. We started 2020 where 2019 left off, with very strong growth in the number of sales up against a continued dip in the number of new and available listings. Tighter market conditions compared to a year ago resulted in... [read more]

Toronto Real Estate Sales Up 17.4% Compared to Last December

Friday Jan 10th, 2020

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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]

Toronto Real Estate Sales Up By 22% Compared to Last Year

Thursday Oct 10th, 2019

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The Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 7,825 sales through TREB’s MLS® System in September 2019. This result represented strong year-over-year sales growth of 22 per cent compared to 6,414 sales reported in September 2018. It is important to note, however, that sales remain well-below the record September 2016 peak of more than 9,800 sales. On a preliminary seasonally adjusted basis, the September 2019 sales level remained in virtually... [read more]

Toronto Homes Sales Down Compared to January But This can be a Good Thing if you are Buying and Selling!

Thursday Mar 07th, 2019

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The Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 5,025 homes sold through TREB’s MLS® System in February 2019. This sales total was down by 2.4 per cent on a year-over year basis. Sales were also down compared to January 2019 following preliminary seasonal adjustment. The mortgage stress test has left some buyers on the sidelines who have struggled to qualify for the type of home they want to buy.  The stress test should be reviewed and... [read more]

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