Average price Tag

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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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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The summer months are usually relatively quiet in the Toronto real estate market. There are some obvious reasons for that - people change gears and shift their attention to fun activities, and lots of folks take every opportunity to get out of the city. That...

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Well, the TREB stats are out for March, and so are the breathless headlines! I was going to comment on a few of them, but the thought gave me a headache. ;) While sales volume fell significantly year-over-year (down about 40%), one has to remember that...

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You may have heard that 'sales were down' in January, with the implication that that's a bad thing. As anyone actively involved in the Toronto real estate market knows, the market is not 'down' at all. In fact, it's crazy busy out there. The first thing...

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The Toronto Real Estate market continued to moderate in June. The first point to note is that the average sale price was up 6.3% over June, 2016. Somehow, TREB's HPI was up 25.3%, which may indicate that the unweighted average was brought down by a...

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April was another busy month in the Toronto real estate market. New listings finally started to appear (21,630 new listings for the month, up 33.6% over April 2016) giving buyers more choice. Coupled with 11,630 sales for the month (down 3.3% from the 12,016 recorded in April...

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The Toronto real estate market blasted through March, 2017. We saw a decent increase in new listings (17,051, up 15.2%), which we expect this time of year, but sales once again gobbled 'em up. There were 12,077 transactions, an increase of 17.7% over March 2016. By...

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May was another blistering month in the Toronto real estate market. TREB reported 12,870 sales, up 10.6% over May 2015, and setting the record for that month. Once again, new listings declined, from 18,611 in May 2015 to 17,412, a drop of 6.4%. Hot sales and fewer new listings cut...

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