Market Commentary Tag

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...

Read More

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...

Read More

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 More

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...

Read More

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...

Read More

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...

Read More

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....

Read More

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...

Read More