Market Commentary Tag

Following the 4.3% decline in year-over-year average sale price that we saw in September, October saw a slightly bigger decline, with the average sale price dipping 5.7% in October. There were 4,961 sales in October 2022, down from 9743 in October 2021. That's similar to the...

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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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The Toronto real estate market continued to show signs of releasing some pent up activity in October. Year-over-year sales increased by 25%, from 8,445 sales in October 2019 to 10,563 last month. That's a pretty big jump, and it's probably a reflection of the need...

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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 COVID-19 pandemic has many folks on edge and worried about the economy - and the real estate market, in particular. Here are a few things to consider: We expect the economy to bounce back If we can believe what they are saying, China is already starting to recover as...

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