August 2020 - Market Report
Posted on Aug 31, 2020 in Market Reports
Another astounding month for the Toronto and area residential resale market place. August broke two records: one for most sale ever recorded for the month of August and two, the highest average sale price for all properties sold in the history of record keeping for the Toronto and area market place. Toronto and area realtors reported 10,775 sales in...
July 2020 - Market Report
Posted on Jul 31, 2020 in Market Reports
July’s residential resale market performance was record breaking. Almost 11,100 properties were reported sold, a 28 percent increase compared to the 8,679 properties sold a month earlier. Compared to July 2019, sales improved by almost 30 percent. There were 8,555 residential properties reported sold last year. July’s numbers are the clearest indic...April 2020 - Market Report
Posted on Apr 30, 2020 in Market Reports
The Toronto and area resale market performed as expected in April. As reported in our March report, the implementation of the emergency lockdown measures had a crushing impact on the resale housing market. With most businesses closed and more than three million Canadians unemployed there was no reason to believe that the resale market would miracul...March 2020 - Market Report
Posted on Mar 31, 2020 in Market Reports
Until the Ontario Provincial Government declared a state of emergency, the Toronto and area residential resale market was on course to produce one of the strongest, most robust markets on record, including the establishment of a record-breaking monthly average sale price. All that changed around the middle of the month as people began following pro...January 2020 - Market Report
Posted on Jan 31, 2020 in Market Reports
A new decade, but little change in Toronto’s residential resale market. As anticipated in my December Market Report, January came in strong with 4,581 sales in the greater Toronto area. This was a stunning 15.4 percent increase compared to the 3,968 sales reported for January last year. Enthusiasm should be slightly muted, given the fact that last...August 2019 Toronto Market Report
Posted on Sep 09, 2019 in Market Reports
Happily, the Toronto and area residential resale market place delivered August results as anticipated and in a way that ensures that the resale market will remain stable, sustainable and accessible. The only concern is inventory, particularly in the City of Toronto.Sales volumes were up by over 13 percent compared to August 2018, while the average...