Market Review

September was a busy month in the Toronto real estate market. What stood out the most was the number of sales - 11,083, up 42.3% over the 7,791 sales reported in September, 2019. To give some perspective, here's what we saw in the last few Septembers: 2018 - 6,455 sales; 2017...

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The whole COVID-19 thing really hit the fan in about mid-March. It's pretty amazing how clearly that shows up in the March sales stats put out by TRREB. In fact, the official report (the source of the data I reference in these reviews) makes the...

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The Toronto real estate market had a pretty hot November. Sales volume was up 14.2% over November 2018, at 7,090 units, over 6,206 last November. A fairly sharp decline in both new listings (8,650, down 17.9%) and total active listings (11,958, down 27.2%) put pressure...

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This is interesting - the market was almost exactly the same in March, 2019 as it was in March, 2018! Check out these numbers: Number of sales: 7,187 - just ONE fewer than March 2018. Average sale price: $788,335, up just 0.5% over $784,514 recorded in 2018. New listings: the...

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As expected, January was a slow month in the Toronto real estate market. Just 4,009 sales were reported, up a wee bit from 3,987 last January. (For reference, there were 5,188 in January 2017; 4,640 in January 2016; and 4,318 in January 2015, so the last couple of...

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December was a quiet month in the Toronto real estate market. TREB reports just 3,781 sales for the month, down 22.5% from the 4,876 reported in December, 2017. For reference, there were 5,338 sales in December, 2016, and 4,917 in December, 2015, so sales last month were well...

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The Toronto real estate market had a slow-ish November, with sales volume dropping 14.7%, from 7,326 in November 2017 to 6,251 last month. At the same time, the number of new listings dropped 26.1%, from 14,260 to just 10,534, and the total number of listings...

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October was another solid month in the Toronto real estate market. TREB reported 7,492 sales, up 6% from October 2017. The average sale price (across all home types) edged up 3%, to $807,340. As I mentioned last month, prices have been relatively stable over the last...

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