Toronto Real Estate Market Tag

The Toronto Regional Real Estate Board recently released its May Market Report. From my perspective, it contained no surprises: supply is still tight, there are lots of active buyers out there, and as a result prices are quickly approaching pre-correction levels - all stuff that...

Read More

Usually by this point in the year, we are well into the 'spring market'. Sellers who have spent the last few months prepping their homes are ready to take advantage of the warmer weather to showcase their homes. Buyers respond by hopping on the bandwagon,...

Read More

Following the 4.3% decline in year-over-year average sale price that we saw in September, October saw a slightly bigger decline, with the average sale price dipping 5.7% in October. There were 4,961 sales in October 2022, down from 9743 in October 2021. That's similar to the...

Read More

As happens from time to time, the Toronto real estate market has entered a pause. Lots of voices are pointing to increased mortgage rates, and that's a factor, but I think there's more to it than just that. The market was incredibly competitive for the...

Read More

The Toronto real estate market continued to show signs of releasing some pent up activity in October. Year-over-year sales increased by 25%, from 8,445 sales in October 2019 to 10,563 last month. That's a pretty big jump, and it's probably a reflection of the need...

Read More