Toronto real estate news. Find the latest data-driven coverage on Canada’s largest city.
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
