Real Estate Market Update for January 2023

Real Estate Market Update for January 2023

TORONTO, ONTARIO, FEBRUARY 3, 2023 – As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling  price were similar to December 2022. On a year-over-year basis, both...
GTA 2022 4th Quarter Condo Update

GTA 2022 4th Quarter Condo Update

TORONTO, ONTARIO, January 31, 2023 – Selling prices for condominium apartments bucked the overall downward trend in the housing market during the fourth quarter of 2022. The average selling price in Q4 2022 stayed in line with the average in Q4 2021. “While condo...
A LOOK BACK AT THE 2022 GTA HOUSING MARKET

A LOOK BACK AT THE 2022 GTA HOUSING MARKET

A LOOK BACK AT THE 2022 GTA HOUSING MARKET TORONTO, ONTARIO, January 5, 2023 – The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a  lack of housing...
Real Estate Market update for November 2022

Real Estate Market update for November 2022

TORONTO, ONTARIO, December 6, 2022 – Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to  the same period last year, following the trend that unfolded since...
Real Estate Market Update for October 2022

Real Estate Market Update for October 2022

GTA REALTORS Release October Stats TORONTO, ONTARIO, November 3, 2022 – Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Greater Toronto Area (GTA) found some support  near $1.1 million since the...
Real Estate Market Update for January 2023

Real Estate Market Update for September 2022

SUPPLY REMAINS AN ISSUE DESPITE IMPACT OF HIGHER MORTGAGE RATES TORONTO, ONTARIO, October 5, 2022 – The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by...

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