Archives: toronto real estate market update

TORONTO REAL ESTATE MARKET UPDATE: Active Listings Increase In May 2017

Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 10,196 sales through TREB’s MLS® System in May 2017 – down by 20.3 per cent compared to 12,790 sales reported in May 2016. Sales of detached homes were down by 26.3 per cent. Sales of condominium apartments were down by 6.4 Continue Reading ‘TORONTO REAL ESTATE MARKET UPDATE: Active Listings Increase In May 2017’

TORONTO REAL ESTATE MARKET UPDATE: Strong Start to 2017

The 2017 real estate market is off to a great start with a reported 5,188 residential transactions through TREB’s MLS® System. This result was up by 11.8 per cent compared to 4,640 sales reported in January 2016. Annual rates of sales growth were higher for condominium apartments than for low-rise home types. January 2017 picked Continue Reading ‘TORONTO REAL ESTATE MARKET UPDATE: Strong Start to 2017’

TORONTO REAL ESTATE MARKET WATCH: Record Sales in 2016!

With the 2016 year at a close the Toronto Real Estate Board announced that it was a second consecutive record year for home sales. Greater Toronto Area REALTORS® reported 113,133 home sales through TREB’s MLS® System – up by 11.8 per cent compared to 2015. The calendar year 2016 result included 5,338 sales in December Continue Reading ‘TORONTO REAL ESTATE MARKET WATCH: Record Sales in 2016!’

TORONTO REAL ESTATE MARKET WATCH: Toronto Detach Homes Up 32.2% From A Year Ago!

The Greater Toronto Area REALTORS® reported 8,547 home sales through TREB’s MLS® System in November 2016. This result represented a 16.5 per cent increase compared to November 2015. For the TREB market area as a whole, sales were up on a year-over-year basis for all major home types. The strongest annual rates of sales growth Continue Reading ‘TORONTO REAL ESTATE MARKET WATCH: Toronto Detach Homes Up 32.2% From A Year Ago!’

TORONTO REAL ESTATE MARKET UPDATE: 905 is up 29.4% Year-Over-Year

The Greater Toronto Area REALTORS® reported a record 9,768 sales through TREB’s MLS® System in October 2016 – up by 11.5 per cent compared to October 2015. For the TREB market area as a whole, the largest annual rate of sales growth was in the condominium apartment market segment. Detached home sales were up by Continue Reading ‘TORONTO REAL ESTATE MARKET UPDATE: 905 is up 29.4% Year-Over-Year’

TORONTO REAL ESTATE MARKET UPDATE: Sales Growth Continues in September

September 2016 has brought a reported 9,902 sales through TREB’s MLS® System and this result was up by 21.5 per cent compared to September 2015. For the region as a whole, strong annual rates of sales growth were experienced for all major home types. The pace of detached sales growth was slower in the City Continue Reading ‘TORONTO REAL ESTATE MARKET UPDATE: Sales Growth Continues in September’

TORONTO REAL ESTATE MARKET UPDATE: Strong Sales & Price Growth in August 2016

The Greater Toronto Area REALTORS® reported a record 9,813 sales through TREB’s MLS® System in August 2016. While this sales result was 23.5 per cent above the number of transactions reported for August 2015, it is important to note that the majority of sales are reported on working days and there were two additional working days Continue Reading ‘TORONTO REAL ESTATE MARKET UPDATE: Strong Sales & Price Growth in August 2016’

TORONTO REAL ESTATE MARKET WATCH: STRONG JULY PRICE GROWTH

With a reported 9,989 homes sales in July 2016, last month has brought the best result on record for the month of July. While sales were up on a year-over-year basis, the number of new listings was down over the same period, representing the continuation of a troubling trend in the GTA.   “GTA REALTORS® Continue Reading ‘TORONTO REAL ESTATE MARKET WATCH: STRONG JULY PRICE GROWTH’

TORONTO REAL ESTATE MARKET WATCH: Spring Market Capped Off with Strong June

The Greater Toronto Area REALTORS® reported 12,794 residential transactions through TREB’s MLS® System in June 2016. This outcome was 7.5 per cent higher than the 11,905 sales reported in June 2015. In line with the strong sellers market trend so far this year, the number of new listings was down by 3.8 per cent. “As Continue Reading ‘TORONTO REAL ESTATE MARKET WATCH: Spring Market Capped Off with Strong June’

TORONTO REAL ESTATE MARKET WATCH: Strong Sales Growth Continues in May

The month of May brought a new record of 12,870 home sales reported and a 10.6 per cent increase over the same period last year. “Whether we’re talking about existing homeowners or people looking to purchase for the first time, there is no shortage of buyers in the marketplace today. So, while the record number Continue Reading ‘TORONTO REAL ESTATE MARKET WATCH: Strong Sales Growth Continues in May’