iDEALtoronto

  • Listings
    • Exclusive listings
    • Commercial
      • For Sale
      • For Lease
    • Residential
      • For Sale
      • For Lease
    • Condos
      • For Sale
      • For Lease
  • New Projects
  • Finance
    • Mortgage Calculator
    • Mortgage Rates Charts
    • Mortgage Rate Comparison
    • CMHC Insurance Calculator
    • Land Transfer Tax Calculator
  • Blog
    • Market Updates
    • Events
    • News
    • Community
  • eBooks
  • About Us
    • Contact Us
    • Team Directory

News

Real Estate Market Watch – August 2018

By

Rod Limoochi

Posted in Market Updates On Sep 11, 2018

Real Estate Market conditions in the summer of 2018, including this past August, were tighter than what was experienced in the summer of 2017. In August, the annual rate of sales growth outpaced the annual rate of new listings growth. We only have slightly more than two-and-a-half months of inventory in the TREB market area as a whole and less than two months of inventory in the City of Toronto. This means that despite the fact the sales remain off the record highs from 2016 and 2017, many GTA neighbourhoods continue to suffer from a lack of inventory. This could present a problem if demand continues to accelerate over the next year, which is expected,” said Jason Mercer, TREB’s Director of Market Analysis.

 

Real Estate Market Watch August 2018

 

Leave a Reply Cancel reply

You must be logged in to post a comment.

Agents

Rod-limoochi-iDEALtoronto-team-circle

Rod Limoochi

limoochi@iDEALtoronto.com
416-716-8767
Joyce-Hsu-iDEALtoronto-team-circle

Joyce Hsu

joyce@iDEALtoronto.com
647-278-8888
tracyContact-circle

Tracy Jia 贾小旗

tracy@iDEALtoronto.com
647-527-8186
Ken-Li-iDEALtoronto-team-circle

Ken Li

ken@iDEALtoronto.com
437-788-8886
Ali-Rezakarimi-iDEALtoronto-team-circle

Ali Karimi

ali@iDEALtoronto.com
416-697-2703
Remax condos plus logo
About Us
Contact Us
Home Valuation
+1 (416) 716-8767
chairmans Team Logo white   remax logo hall of fame     remax logo hall of fame
children's miracle hospitals

All Rights Reserved 2021 © iDEALtoronto. 991 Bay St, Toronto, ON M5S 3C4, Canada

Terms Of Use | Privacy Policy | Sitemap

Owning a home is a keystone of wealth… both financial affluence and emotional security.

Suze Orman
6th February 2023 Monday!
iDEALtoronto
  • Login
Forget Password?

iDEALtoronto Logo
  • Listings
    • Exclusive listings
    • Commercial
      • For Sale
      • For Lease
    • Residential
      • For Sale
      • For Lease
    • Condos
      • For Sale
      • For Lease
  • New Projects
  • Finance
    • Mortgage Calculator
    • Mortgage Rates Charts
    • Mortgage Rate Comparison
    • CMHC Insurance Calculator
    • Land Transfer Tax Calculator
  • Blog
    • Market Updates
    • Events
    • News
    • Community
  • eBooks
  • About Us
    • Contact Us
    • Team Directory