iListRealEstate Toronto Real Estate Blog

No matter how much you love your current home, you may still be dreaming of the day you can buy up into a better home in a better neighbourhood. Is that day today or a few years down the road? Here’s a quick way to make that assessment. First, make a list of all the practical reasons why it might be time to move up. Those reasons might include features such... [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]

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]

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 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 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]