Market Review

As happens from time to time, the Toronto real estate market has entered a pause. Lots of voices are pointing to increased mortgage rates, and that's a factor, but I think there's more to it than just that. The market was incredibly competitive for the...

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The Toronto real estate market almost always takes a breather in the summer time, as both buyers and sellers turn to other activities - like enjoying the outdoors and having fun! But, the market never stops. Here's what happened over the last couple of months. July...

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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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