Toronto Prices Spike Upward in November

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

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.

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

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

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)

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

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

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

Prices and Sales Continue to Surge Upward While Inventory Continues to Fall

Sales of homes in the Greater Toronto area set a new all-time record for the month of April, up 7% over last April, which was itself an all-time record. Prices were also up very sharply, and were 16% higher than last April. This increase is even more startling than it seems, as it includes condominium… Read More

March Prices Pause, But Sales Explode And Inventory Plummets

For many years we have had a sort of ‘bimodal’ spring market in Toronto. During the ‘early’ spring market, from mid January until early March,  buyers return to the market after the Christmas/New Years break more quickly than sellers, who often want to wait until leaves & flowers return, or at least until the snow… Read More