Market Updates
TREB MLS SALES Monthly with three previous years for comparison TREB MLS NEW LISTINGS Monthly with three previous years for comparison TREB MLS SALES-TO-NEW LISTINGS RATIO Monthly with three previous years for comparison TREB MLS AVERAGE RESALE HOME PRICE Monthly…
Read more“Home buyers continued to take advantage of very low borrowing costs in November, especially those looking to buy some form of single-family home. Competition between buyers for ground-oriented homes has been extremely strong in many neighbourhoods throughout the GTA, which…
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Sales Commentary October showed 10,500 sales on TRREB. This was down about 5% from September but still up 25% from October a year ago. The delayed spring market continues with year-end sales expected to reach 92,000 units – the same…
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Sales Commentary The big news is that September sales on TRREB, at just over 11,000 units, was a record for the month. It was also 42% higher than for September 2019. As we previously reported, these numbers represent a strong…
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Sales Commentary August sales on TRREB were 10,775. This represented a 40% increase over August of last year. Some are reading too much into these numbers, trying to explain a ‘pandemic real estate boom’. The real story can be found…
Read more“Generally speaking, market conditions remained very tight in the GTA resale market in August. Competition between buyers was especially strong for low-rise home types, leading to robust annual rates of price growth. However, with growth in condominium apartment listings well-outstripping…
Read moreTREB MLS SALES Monthly with three previous years for comparison TREB MLS NEW LISTINGS Monthly with three previous years for comparison TREB MLS SALES-TO-NEW LISTINGS RATIO Monthly with three previous years for comparison TREB MLS AVERAGE RESALE HOME PRICE Monthly…
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Sales Commentary July was the biggest sales month of 2020 but also the biggest sales month ever for a July according to TRREB. This is the Spring market coming late. We also expect August numbers to be strong, with a…
Read more“Following very tight market conditions in 2018, we have seen a consistent trend toward balance in the GTA condominium apartment rental market over the past year-and-a-half. Accelerating growth in rental listings were at the root of this trend, but the…
Read more“It will be important to watch the relationship between condominium apartment sales and new listings as we move through the second half of 2020. If economic recovery is sustained, the demand for condo apartments will improve. However, the prospect of…
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