Greater Toronto real estate sales are still frozen by the pandemic, but the inventory ratio is improving. Toronto Regional Real Estate Board (TRREB) described prices as “virtually unchanged” in May. Home sales predictably made a sharp decline, however not as much as inventory – helping to relieve pressure for prices to move higher. Greater Toronto […]
Greater Toronto real estate is feeling the wrath of pandemic, but it’s not exactly clear how much. Toronto Regional Real Estate Board (TRREB) data shows sales made a big decline in April. That much is obvious. Prices are where it gets a little more muddy, with the benchmark price making a big climb from the […]
Greater Toronto real estate has seen volume drop off quickly since the pandemic. Toronto Regional Real Estate Board (TRREB) data shows the first 17 days of April has a big drop off in volume. Sales are dropping faster than new inventory, relieving pressure on prices to rise. The numbers prepared from the board are still […]
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, […]
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 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 […]
Toronto real estate prices had an explosive end to the year. Toronto Real Estate Board (TREB) numbers show prices made a big jump in December. The increase was due to an unusually tight market, that saw a big increase in sales and drop in inventory. Toronto Real Estate Prices Rise Over 7% The industry’s benchmark […]
The Toronto real estate market is on fire again, as buyers send prices on a very large monthly climb. Toronto Real Estate Board (TREB) numbers show the composite price index reached a new high in November. The increase in prices for November is one of the biggest in history for the month. Greater Toronto Real […]
Greater Toronto real estate is picking up once again, especially the price momentum. Toronto Real Estate Board (TREB) numbers show prices made a larger than usual climb in October. Rising prices came as sales returned to normal volumes, and inventory dropped. Just in time for the Federal government to throw stimulus into the market. Greater […]
A big Swiss bank recently ranked Toronto real estate the second biggest bubble in the world, but the city can’t hear them. Toronto Real Estate Board (TREB) numbers show price growth accelerating in September. The increase in growth comes after sales and inventory returned to typical volumes. Toronto Real Estate Prices Rise Over 5% The […]
