RealEstateSimon Tag

May was another blistering month in the Toronto real estate market. TREB reported 12,870 sales, up 10.6% over May 2015, and setting the record for that month. Once again, new listings declined, from 18,611 in May 2015 to 17,412, a drop of 6.4%. Hot sales and fewer new listings cut...

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Say it with me folks: "Another record month!" Once again, both sales volume (7,621 sales, up 21.1%) and average price ($685,278, up 14.9%) in February 2016 beat not just last February, but also the previous record, set in 2010. The MLS Home Price Index (which smoothes out price...

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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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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...

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TREB reported 8,804 sales through the Toronto MLS in October, 3.4% more sales than October 2014, setting another monthly sales record. By now it should come as no surprise to anybody that new records are set almost every month. The economy is strong and the...

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