RealEstateSimon Tag
08
Sep
August 2017 Market Report
August was a slow month in the Toronto real estate market, which is fairly typical. TREB reported 6,357 sales, down 34.8% from the 9,748 sales we saw in August of 2016. While that sounds pretty dramatic, it's more than the 6,418 sales reported in August of 2012...
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07
Jul
Market Review – June 2017
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...
Read MoreMuch is being made (e.g. in the media) about the 'decline' in sales in Toronto. As I have been saying (writing) for years, it's one thing for the pace or volume of sales to decline, and another for prices to decline. It's true that the volume...
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08
May
April 2017 Market Review
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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10
Apr
March 2017 Market Review
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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14
Feb
January 2017 Market Review
January marked a tremendous start to the 2017 Toronto real estate market. Sales volume was up 11.8% over January 2016 - which had been up 8.2% over 2015. New listings last month were down 17.6%, to 7,338, while the total number of available listings dropped 49.5%,...
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