Toronto Real Estate Board Predicts Strong 2017 Market

TREB Logo

On January 31, 2016, the Toronto Real Estate Board published a report reviewing the  2016 Toronto area real estate market and forecasting the outlook for 2017. Highlights of the report include: There were 113,133 residential freehold and condo properties sold in the GTA in 2016. This was an all-time record, and it was 11.8% higher… Read More

Prices and Sales Fall in December — But Are Still Much Higher Than Last Year

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Toronto Prices in December were 6% lower than in November, and sales were 38% lower, but the market remained much stronger than last year. Our market follows a predictable seasonal pattern, with prices & sales at their lowest ebb in July/August and again in December/January. So the drop in sales and prices in December was… Read More

Toronto Prices Spike Upward in November

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Toronto prices set another all-time high in November, with the average price increasing to $776,684, a whopping 23% above last November. The trend was consistent across all GTA regions and all home types; for example, condo apartment prices were up 15% over last year. It seems only yesterday that there was a glut of condo… Read More

No Sign of Cooling in Toronto Market

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Toronto area prices and sales once again registered all time highs in October. The average selling price across all areas and all property types was 21% higher than last October, the biggest year-over-year increase so far in 2016. Sales were also up strongly, more than 8% higher than last year. So far we have seen… Read More

Finding an affluent neighbourhood to live.

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Are you someone who wants to be steps to entertainment and fine dining, or are you an art lover? Well, Bloor West Village has its very own shopping district offering both residents and visitors a diverse selection of specialty clothing stores to exquisite restaurants and cafes. This community has it all! If you’re interested in… Read More

Toronto Market Continues to Accelerate

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After a comparatively strong summer season, it wasn’t surprising to see sales and prices spike upward in September. After all, that’s part of the normal seasonal pattern. What was surprising was the size of the spike. The average price for all property types in the Greater Toronto Area was more than 20% higher than in… Read More

Record Hot August for Toronto Market

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The record hot weather in August was mirrored in the real estate market. There were 9813 homes sold in the GTA last month, an all time record for the month of August, and over 23% higher than last year. At the same time, new listings in August were slightly lower than last year, and this… Read More

Toronto Market Slows Down (A Bit)

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Well, the dog days of summer are upon us once again, and the Toronto market is taking a small breather as both buyers and sellers enjoy the wonderful weather. Prices in July fell by about 5% versus the previous month, following the normal seasonal pattern; however, they remain about 16% higher than last year, which… Read More

No Sign of a Slowdown in the Toronto Area Market

Prices_June_2016

Toronto area prices in June were slightly lower than in May, consistent with the normal seasonal pattern, but 16% higher than last June. This is the largest year-over-year increase so far in 2016, and roughly double the year-over-year increases we have seen pretty consistently over the past 20 years. The super-hot GTA market continues apace…. Read More

Toronto Prices Going Exponential

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Toronto area prices continued to climb steeply in May, averaging 16% above May of 2015. Prices have risen each year for the past 20 years, which might be some kind of a longevity record for a real estate boom. Prior to 1996, prices fell for 5 years following the bursting of a speculative bubble in… Read More