Blog

Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period ... More

The market is still reeling from the pronounced slowdown seen in the overall Canadian housing sector this year, new report says ... More

Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Greater Toronto Area (GTA) found some support near $1.1 ... More

The federal government is planning a massive increase in the number of immigrants entering Canada, which will have a huge effect on the real estate market. ... More

The cost of renting a one-bedroom condominium in Toronto is now up more than 20 per cent year-over-year, as higher borrowing costs leave some would-be buyers on the sidelines. ... More

Sales activity in the city is continuing to decline ... More

The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022. ... More

There were 5,627 home sales reported through the Toronto Regional Real Estate Board’s (TRREB) MLS® System in August 2022, representing a year-over-year dip of 34.2 per ... More

There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 - down by 47 per cent compared to July 2021. Following the ... More

GTA rent prices rose by “the fastest pace on record” in the second quarter of this year with the average one-bedroom unit being leased out for nearly $2,200 a month, a ... More

Royal LePage has cut its home price forecast for this year amid a series of aggressive interest rate hikes which have pushed up the cost of borrowing and cooled the demand for ... More

Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 – down by 41 per cent compared to last year’s strong result. The number of ... More

The tide continued to shift in favour of homebuyers in the Greater Toronto Area (GTA) last month amid higher borrowing rates. ... More

Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly and ... More

A new report says the average monthly GTA rent increased 12% for all property types this April to $2,204 from $1,974 in April 2021. ... More

However, some asset classes continue to boom compared with before the pandemic ... More

The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis. ... More

Greater Toronto Area (GTA) new condominium sales reached their highest Q1 on record with 8,253 units sold, rising 55% year-over-year and exceeding the 10-year average (5,154 ... More

Greater Toronto Area REALTORS® reported 1,654 home sales through TRREB’s MLS® System during the first 17 days of April – down by 69 per cent compared to the ... More

Toronto home sales tumbled in the first half of April, down 69 per cent compared with the previous year, as the coronavirus pandemic led to an economic slowdown and a huge spike ... More

According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable through ... More

Despite a strong increase in sales for March 2020 as a whole, there was a clear break in market activity between the pre-COVID-19 and post-COVID-19 periods. ... More

TREBB reports a very strong year-over-year sales and price growth in February 2020. ... More

TRREB President Michael Collins announced that Greater Toronto Area REALTORS® reported 4,581 home sales through TRREB’s MLS® System in January 2020 – up by ... More

Altus Group Limited has released its 2020 GTA Flash Report, which provides a comprehensive review of the real estate market in the Greater Toronto Area (GTA) based on 2019 Altus ... More

The MLS® Home Price Index Composite Benchmark was up by 7.3% on a year-over- year basis in Dec 2019. From June 2019 onward, the annual growth rate in the MLS® HPI ... More

There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group. ... More

The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say. ... More

Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,090 sales through TREB’s MLS® System in November 2019 ... More

Price growth in Canada’s largest housing market accelerated last month at the fastest pace since 2017 as sales rose and the inventory of homes available for purchase fell ... More