Slow sales be damned, Greater Toronto new home buyers are still pushing prices. At least for condo apartments. Altus Group and BILD data shows sales were climbing in August. However, so was inventory – which lead to even more new homes on the market compared to sales. Even though fewer than one in ten homes […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Prices Reach A New All-Time High Ahead Of Government Cash Canadian real estate price growth has stopped decelerating, at least for now. The C11, a price index for Canada’s 11 largest markets, showed an increase of 0.41% in […]
The Toronto condo market is seeing prices climb even higher these days. Toronto Real Estate Board (TREB) data shows the price of a typical condo apartment reached an all-time high in August. The rise in prices is being attributed to falling inventory, and climbing sales. Toronto Condo Prices Rise 8% From Last Year The price […]
Greater Toronto’s detached real estate market is seeing a few indicators improve. Toronto Real Estate Board (TREB) data shows detached sales made a double digit surge in August. The rise in sales was accompanied by higher prices, and less inventory than last year. Most of the action is now being driven by the 905, with […]
Toronto real estate is ripping higher, into the time of year it typically slows down. Toronto Real Estate Board (TREB) data shows improvements for most numbers in August. Generally speaking, the market saw a surge of sales and drop in inventory, sending price growth to the highest level in over a year. Toronto Real Estate […]
Greater Toronto new home sales are picking up, but buyers are mixed on prices. Altus Group data shows new home sales across Greater Toronto made a double digit climb in July. Even with the rise in sales, trade volumes are still light this year. Prices followed with a mixed move – condo prices accelerating gains, […]
Toronto’s condo market is continuing its parabolic price move higher. Toronto Real Estate Board (TREB) numbers shows prices reached a new all-time high in July. Sales of condo apartments failed to make a seasonal decline in July. This applied more pressure to prices, as inventory made the usual drop. The result was more pressure on […]
Greater Toronto’s detached real estate market made big improvements last month. Toronto Real Estate Board (TREB) numbers show both prices and sales moved higher in July. While improved from last year, they haven’t returned to normal growth or volumes. Prices made a minimal move higher by the best performing measure, with suburbs doing best. Sales […]
Greater Toronto real estate buyers are back to buying… sort of. Toronto Real Estate Board (TREB) numbers showed the price of a typical home jumped July. The increase came with a large increase in sales numbers, but still fell short of typical for the month. Toronto Real Estate Prices Rise In July The price of […]
Greater Toronto new home sales are improving, just not in the City of Toronto. Numbers from Altus Group, a leading real estate data firm, show a big climb for new home sales in June. While the climb is large, sales volumes are still below average for the month. Most interesting is the market shift. New […]
