iListRealEstate Toronto Real Estate Blog

The Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 5,367 condominium apartment sales through TREB’s MLS® System in the fourth quarter of 2019. This result was up by 3.8 per cent compared to the fourth quarter of 2018. New condominium apartment listings were down substantially by 11.9 per cent on a year-over-year basis when comparing to Q4 2018. This suggests that condo market conditions tightened further over the past year. The condominium... [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]

On Tuesday, November 19, 2019, the Minister of Government and Consumer Services, the Honourable Lisa Thompson, introduced Bill 145, the Trust in Real Estate Services Act, 2019. This legislation represents a significant move forward for REALTORS® and is the result of numerous years of concerted efforts by TREB, OREA and other Ontario real estate boards and associations. Bill 145 amends the Real Estate and Business Brokers Act, 2002, bringing forward a... [read more]

The Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 6,407 condominium apartment sales through TREB's MLS® System in the third quarter of 2019. This result was up by 11.1 per cent compared to Q3 2018. New condominium apartment listings entered into TREB's MLS® System were down by one per cent compared to Q3 2018, with 9,538 listings added in 2019 compared to 9,636 listings added in 2018. As economic conditions continue to be favourable... [read more]

The Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 8,491 residential sales through TREB’s MLS® System in October 2019. This result represented a 14 per cent increase compared to 7,448 sales reported in October 2018. GTA-wide, sales were up on a year-over-year basis for all major home types. A strong regional economy obviously fuels population growth. All of these new households need a place to live and many have the goal of purchasing a home. The... [read more]

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]

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]