Toronto Real Estate Blog

April, 2022 Real Estate Market Report
MARKET ADJUSTS TO HIGHER BORROWING COSTS IN APRIL TORONTO, ONTARIO, MAY 4, 2022 – The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis. As has been the...

March 2022 Real Estate Market Report
TORONTO, ONTARIO, April 5, 2022 – There were almost 11,000 Greater Toronto Area (GTA) home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace...

February 2022 Real Estate Market Update
TORONTO, ONTARIO, March 3, 2022 – February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history. New listings dropped, but by a marginally lesser annual rate than sales, pointing to a...

January 2022 Real Estate Market Update
January 2022 Home Sales Dip from Last Year’s Record Result The market outlook for 2022 is calling for strong home sales in the Greater Toronto Area (GTA) with the average selling price expected to hit a new record. The latest polling conducted for the Toronto...

December 2021 Real Estate Market Update
GTA REALTORS® Release December 2021 Stats A record 121,712 sales were reported through TRREB’s MLS® System in 2021 – up 7.7 per cent from the previous 2016 high of 113,040 and up 28 per cent compared to 2020. Record demand last year was up against a constrained supply...

November 2021 Real Estate Market Update
GTA HOME SALES HIT NEW NOVEMBER RECORD WHILE LISTINGS DROP TORONTO, ONTARIO, December 3, 2021 – Home sales reached a new record for the month of November, and the average selling price also reached a new all-time high. New listings were down substantially compared to...

October 2021 Real Estate Market Update
NEAR RECORD HOME SALES, LOW INVENTORY SUSTAIN STRONG PRICE GROWTH TRREB Calls for Housing Solutions as Demand Outweighs Supply TORONTO, ONTARIO, November 3, 2021 – Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of...

September 2021 Real Estate Market Update
TIGHT GTA HOUSING MARKET CONDITIONS SUSTAIN STRONG PRICE GROWTH TORONTO, ONTARIO, October 5, 2021 – September marked the transition from the slower summer market to the busier fall market in the Greater Toronto Area (GTA). Every year, we generally see an uptick in...

August 2021 Real Estate Market Update
GTA HOUSING DEMAND REMAINS STRONG IN AUGUST TORONTO, ONTARIO, September 3, 2021 – The Toronto Regional Real Estate Board (TRREB) is reporting the third-best sales result on record for the month of August. While the market has taken its regular summer breather, it is...

July 2021 Real Estate Market Update
July numbers show strong demand continues for home ownership in GTA TORONTO, ONTARIO, August 5, 2021 – With almost 9,400 sales reported in July 2021, demand for ownership housing remained well-above average for the time of year despite being below the record July...