Toronto real estate news. Find the latest data-driven coverage on Canada’s largest city.
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 […]
Young person looking to move to Toronto? Better line up a professional gig first, or expect to bunk up. Canadian Centre for Policy Alternatives (CCPA) crunched the numbers to find the wage needed to rent in Greater Toronto. Digging into the numbers, we can see how unsustainably high prices have become. The average one-bedroom is […]
Greater Toronto’s detached real estate market is improving, but still far from recovered. Toronto Real Estate Board (TREB) numbers show year-over-year improvements in June. Numbers are better compared to last year, but the market has a long way to go to get back to normal. The biggest improvements are in the 905, which is seeing […]
Toronto real estate continues to trend higher, but isn’t quite there yet. Toronto Real Estate Board (TREB) numbers show prices advanced in June, and are a few points below the high. The rise in aggregate price measures, are largely due to an increase in demand for detached homes in the 905. Meanwhile “cheaper” Toronto condos […]
Greater Toronto Area (GTA) new home sales spiked to the highest level in years. Altus Group’s May numbers show it was the highest number of sales in 16 years. Even though the month was higher, year to date sales are still some of the weakest in recent history. The boost in sales are likely due […]
It’s been two years since Toronto’s detached real estate market peaked, and it’s not quite back to normal yet. Toronto Real Estate Board (TREB) numbers show prices made a small move higher in May. Rising prices are still significantly below the peak reached a couple years ago. Generally speaking, the market did see higher sales […]
Greater Toronto real estate prices increased, but sales are the headline story. Toronto Real Estate Board (TREB) numbers show prices increased in May. Sales of Toronto real estate posted a huge double digit gain, soaring above last year’s numbers. Unfortunately, as noted by the board itself, these sales numbers still fall short of a typical […]
Greater Toronto new home data is mixed, showing some improvements as well as flags. Altus Group data shows new home sales across the region ripped much higher in April. The rise in new home sales were likely helped by improvements to prices. The price of a typical new single-family home is down from last year, […]
