20
Dec
Market Commentary Tag
12
May
April 2016 Market Review
April 2016 was another record setting month in Toronto real estate. TREB reported 12,085 sales for the month, up 7.4% over April 2015. Once again, new listings were down, from 18,038 last April to 16,252 this year, a drop of 9.9%. The decline in new listings, combined...
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04
Feb
January 2016 Market Review
January got 2016 off to a quick start. In its monthly Market Watch, TREB has reported 4,672 sales for the month, up 8.2% over January 2015. At a time of constrained supply - both generally, over the last few years, and seasonally - prices shot up...
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06
Jan
December 2015 Market Review
A strong December sales pace capped a record-setting sales year in the Toronto real estate market. With 4,945 sales reported to TREB last month (up 11.9% over the 4,418 reported for December 2014), the total for the year hit 101,299 - 9.2% more than 2014, and breaking the 100,000...
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07
Jul
June 2015 Market Review
June was another record month in the Toronto real estate market. Sales volume was up 18.4% to 11,992 transactions (over 10,132 in June, 2014), setting a new record for the month of June. Over the same period, new listings increased by 6.7%, to 17,746, but total active listings...
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10
Feb
January 2015 Market Review
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...
Read MoreAs expected, December 2014 turned out to be a relatively busy month in the Toronto real estate market. The 4,446 transactions reported by TREB represents a 9.6% increase in sales volume over December 2013 - no mean feat in the face of 10.4% fewer available listings....
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05
Nov
October 2014 Market Review
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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21
Oct
September 2014 Market Review
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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09
Sep
Summer 2014 Market Review
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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