Hot spring market? Nope. Toronto Real Estate Board (TREB) numbers show April was colder than usual, as demand continues to drop. Generally speaking, the market is seeing price moderation, lower sales, and rising inventory levels. Greater Toronto Real Estate Prices Dropped Over 5% The benchmark composite, the price of a typical home in Toronto, is […]
Greater Toronto real estate saw more inventory, and less sales – sending prices to negative levels compared to a year ago. We haven’t seen that happen since 2009.
Toronto real estate set a quiet new record, with the first annual decline in median sale prices since the Great Recession.
Toronto real estate prices are still up, but higher inventory and less sales are putting a huge amount of downward pressure on price growth.
Toronto real estate saw prices decline for a seventh consecutive month, as sales continued to slide and inventory climbs.
Toronto real estate extends its losing streak for the sixth month in a row, as sales continue to slide while inventory builds.
Toronto real estate drops to the bottom of the price change list, while Vancouver and the surrounding areas jump to the top.
Vancouver real estate prices printed a new all-time high, the seventh time in a row it’s done that this year.
Toronto real estate is less than a point away from being in “crash” territory, and market mechanics are still broken.
Vancouver real estate prices continued to rise in September, but tapering annual price growth does present some concerns.