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Category: Toronto

The hottest news and analysis on Toronto real estate. Here’s where you’ll find the latest home prices, and trending issues on housing in the Six.

Toronto

Greater Toronto Detached Real Estate Prices Rise On Low Volume

April 8, 2020

Greater Toronto real estate buyers were still confident in their purchases last month, despite pandemic. Toronto Regional Real Estate Board (TRREB) data shows sales made a big jump in March, despite a provincial lockdown. Despite the appearance of a sales boom, last month was still one of the slowest Marches on record. Even so, exuberant […]

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Toronto

Over 3,300 People Bought Toronto Real Estate – After The Lockdown

April 3, 2020

Despite a lockdown due to the COVID-19 pandemic, thousands of people in Toronto still bought a home. Toronto Regional Real Estate Board (TRREB) data shows a big increase in March sales. The rise in sales was due to the first-half of the month, prior to the board’s request to stop face-to-face activity. Despite the request, […]

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Toronto

Toronto Commercial Real Estate Break and Enters Jump As COVID-19 Quiets Streets

April 1, 2020

Toronto’s busy streets are suddenly deserted due to the pandemic, and criminals are taking advantage. Anecdotally, officers say they’ve been busier with break and enters this year. A quick dive into Toronto Police Services (TPS) data supports the gut feeling, with Q1 showing a bump in break and enter reports. The rise in crime is […]

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Toronto

Toronto New Home Sales Doubled, Even With COVID-19 Pandemic Warnings

March 31, 2020

Greater Toronto real estate buyers rushed into the market, even amongst pandemic warnings. Altus Group data shows new home sales more than doubled in February. The impact on prices was mixed, as new single-family homes continued to fall. Condo apartment prices rallied to a new all-time high. The gap between the two narrowed to the […]

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Toronto

Toronto Real Estate Prices Return To Double Digit Growth, As Inventory Drops

March 4, 2020

Greater Toronto real estate is off to the strongest year since the 2017 boom. Toronto Regional Real Estate Board (TRREB) data shows much higher prices in February. The increase in prices were largely the result of many more sales, and fast falling inventory. Greater Toronto Real Estate Prices Rise Over 10% The benchmark price of […]

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Toronto

Toronto New House Prices Fall, But Condos Rip To A New All-Time High

February 26, 2020

Greater Toronto new home sales are back above typical volumes for the month. BILD and Altus Group data shows a big climb in sales this past January. The increase in sales helped to push condo apartment prices to a new all-time high. Meanwhile, single-family homes continue to spiral lower. House Prices Fall, While Condos Make […]

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Toronto

Toronto Households Are Going Broke – Fast. Insolvencies Rise 18%

February 12, 2020

Canadian insolvency filings are on the rise, and the country’s largest city is far from immune. Office of the Superintendent of Bankruptcy (OSB) filings show Greater Toronto insolvencies climbed fast in Q4 2019. The whole province of Ontario has seen an acceleration in the number of filings, with the second largest growth in the country […]

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Toronto

Toronto Real Estate Sales And Price Growth Are Back Above Pre-B-20 Levels

February 6, 2020

Greater Toronto real estate is back to a supply crunch. Toronto Regional Real Estate Board (TRREB) data shows sales jumped to a multi-year high for January. The multi-year high for sales, met with a low for inventory – sending prices soaring. Greater Toronto Real Estate Prices Rise Over 8% The price of a typical home […]

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Toronto

Toronto Condo Inventory Fell To The Lowest Level In At Least 10 Years

January 31, 2020

The Greater Toronto condo market saw a small spike in buying activity last month. Toronto Real Estate Board (TREB) data shows condo apartment sales increased in December. The rise in sales was accompanied by very few new listings, helping to send prices to a new all-time high. Greater Toronto Condo Prices Rise Over 9% Toronto […]

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Toronto

Toronto Detached Real Estate Sales Surge, As Inventory Drops To Lowest Level In Years

January 23, 2020

Toronto detached real estate buyers were out in full force last month. Toronto Real Estate Board (TREB) data shows detached home sales made a big increase in December. The rise in sales combined with the lowest inventory in years, sent price growth back to 2017 levels. Toronto Detached Real Estate Prices Are Rising The price […]

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