Market Review

The Toronto real estate market had a great month in February. In the face of a decline in new listings (-2.8%) and active listings (-8.7%) compared to 2014, the number of sales surged 11.3%, to 6,338. Naturally, that created competitive situations for buyers. It's that...

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Despite yet another growing wave of media fear-mongering about the Toronto real estate market, January was yet another strong month both for volume and prices. The number of sales was up 6.1% over January 2014, to 4,355 transactions; that strong activity helped drive the average sale price...

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The Toronto Real Estate Board has reported the November 2014 market stats. Sales volume was up over November 2013 by 2.6% , to 6,519 residential transactions. New listings were down 5.3% over the same period; only 8,789 new listings were posted last month. Total active listings were also down...

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The Toronto Real Estate Board reported on the October 2014 market stats today. Sales volume was up over October 2013 by 7.7%, to 8,552 transactions. New listings were up only 3.4% over the same period, continuing the now long-standing issue of insufficient supply in the Toronto...

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September 2014 saw 8,051 transactions reported in the Toronto Real Estate Board, an increase in sales volume of 11% year-over-year. New listings were up 5.8% (to 15,692), but total available listings were down 5.1% (from 20,194 to 19,165), so there wasn't enough supply to keep pace...

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As predicted, the summer market was much busier than usual. July saw a 10% increase in sales volume over July 2013, with 9,198 transactions reported on TREB, making it the second busiest July on record. The average sale price hit $550,700, up 7.5% over the...

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June is usually the tail end of the 'spring market'; we often see a dramatic decrease in activity after the middle of the month. Not so this year! June sales were up 15.4% over June 2013, to 10,180 transactions. The number of new listings (i.e....

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May tends to be one of (if not the) busiest months of the real estate year. So, it's no surprise that TREB reported May 2014 sales volume up 11.4% over May 2013, to 11,079 transactions - a new record for that month.  Intense activity - and...

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Sales volume in March, 2014 picked up by 7.2% over March 2013, with 8,081 sales reported by TREB. For Q1/2014, sales were up by three per cent compared to the first three months of 2013. Considering the brutal weather we've had so far this year, those are impressive...

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