Real Estate Market Update for the Month of August, 2023

Real Estate Market Update for the Month of August, 2023

TORONTO, ONTARIO, September 6, 2023 – Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer home  sales in August 2023 compared to August 2022. The average selling...
Real Estate Market Update for the Month of June, 2023

Real Estate Market Update for the Month of June, 2023

LACK OF LISTINGS LED TO TIGHTER GTA MARKET CONDITIONS IN JUNE TORONTO, ONTARIO, July 6, 2023 – Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-...
Real Estate Market Update for the Month of May, 2023

Real Estate Market Update for the Month of May, 2023

TRREB: STRENGTHENING DEMAND AND LACK OF HOUSING SUPPLY PUSHES UP PRICES IN THE GTA TORONTO, ONTARIO, June 2, 2023 – The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023. Unfortunately, the supply of homes for sale did...
Real Estate Market Update for the Month of April, 2023

Real Estate Market Update for the Month of April, 2023

GTA SALES AND PRICE CONTINUE TO IMPROVE WHILE LISTINGS REMAIN CONSTRAINED TORONTO, ONTARIO, May 3, 2023 – The Greater Toronto Area (GTA) housing market continued to tighten in April 2023. On a year-over-year basis, sales edged lower compared to April 2022, but new...
Real Estate Market Report for the Month of March, 2023

Real Estate Market Report for the Month of March, 2023

TIGHT MARKET CONDITIONS PUSH UP COMPETITION IN THE GTA TORONTO, ONTARIO, April 5, 2023 – Greater Toronto Area (GTA) housing market conditions tightened in March 2023. Sales accounted for an increased share of listings in comparison to March 2022, suggesting that...

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