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Toronto Market Report February – March 2021

Toronto-market-report-february-march-2021

Sales Commentary Record home sales continued in February with sales 52% higher than in 2020. The 10,970 sales are equal to the peak of a normal spring market. February also recorded 15,137 ‘new’ listings, but by month-end there were only…

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Market Year in Review and Outlook 2021

This year’s report focuses on how real estate is driving economic stability during the unprece-dented challenges of the COVID-19 pandemic. The real estate market has, and will, continue to be a major driver of recovery. On average, every MLS® System…

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Toronto Real Estate Market Forecast 2021

Toronto real estate market forecast 2021

2020 YEAR IN REVIEW:   1 The impact of COVID-19. It created a tale of two markets – low rise versus condos. Low rise prices increased 15% and condo prices were flat down to 10%. It moved the Spring market from…

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Real Estate Market Watch – December 2020

“While the housing market as a whole recovered strongly in 2020, there was a dichotomy between the single-family market segments and the condominium apartment segment. The supply of single-family homes remained constrained resulting in strong competition between buyers and double-digit…

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TREB Housing Market Charts – December 2020

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…

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TREB Housing Market Charts – November 2020

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…

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Real Estate Market Watch – November 2020

“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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Toronto Market Report November – December 2020

Toronto-market-report.nov-dec-2020

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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Toronto Market Report September | October 2020

Toronto_Market-Report-Sept-Oct-2020

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…

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