Apr
The whole COVID-19 thing really hit the fan in about mid-March. It's pretty amazing how clearly that shows up in the March sales stats put out by TRREB. In fact, the official report (the source of the data I reference in these reviews) makes the...
Read MoreOct
September was a decent month for real estate in Toronto. TREB reported 6,455 sales, up 1.9% over September 2017. I'd call that basically flat (i.e. stable). The average sale price hit $796,786, which was up 2.9% year-over-year. That basically the same as the inflation rate (the August...
Read MoreSep
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...
Read MoreFeb
Jul
June was a typically busy month in the Toronto real estate market. TREB's Market Watch reported 12,794 sales for the month, up 7.5% from the 11,905 sales reported last June. I could copy and paste this from my last couple of market reviews: once again, new listings were...
Read MoreDec
TREB reported 7,385 sales through the Toronto MLS in November, 14% more sales than November 2014, and setting another monthly sales record. The average sale price (across all housing types) climbed to $632,685, up 9.6% year-over-year. TREB's HPI, which attempts to smooth out that average by weighting...
Read MoreJul
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 MoreJun
May was another busy month in the Toronto real estate market. Sales volume was up 6.3% to 11,706 transactions (over 11,013 in May, 2014). At the same time, new listings slipped by 0.8%, and total active listings shrank by 10.1% to 18,585, down from 20,679 last...
Read MoreApr
As usual, real estate is much in the news these days. With the oil market correction, the media (and a few others) jumped all over the idea that the real estate market would - obviously! - experience a crash of some sort. The only question...
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