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Tag: Toronto Composite

Toronto

Toronto Real Estate Prices Rip Higher, As Inventory In The City Keeps Piling Up

September 3, 2020

Greater Toronto real estate’s brief pandemic lull is over, and the market is picking up where it left off. Toronto Regional Real Estate Board (TRREB) data shows prices reached a new all-time high in August. The increase comes even as sellers hit the market at a much faster pace than buyers. The suburbs are still […]

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Toronto

Toronto Real Estate Joins The Flight To The Suburbs, As Inventory Rises In The City

August 6, 2020

Greater Toronto real estate is seeing a big jump in sales, and it’s mostly people fleeing to the burbs. Toronto Regional Real Estate Board (TRREB) data shows it was the most sales for July in at least a decade. The increase in sales was primarily driven by a surge in the 905, where inventory is […]

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Toronto

Toronto Real Estate Sales Crater Causing Prices To Remain “Virtually Unchanged”

June 3, 2020

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 […]

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Toronto

Toronto Real Estate Sales See Worst April In At Least 25 Years

May 5, 2020

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 […]

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Toronto

Toronto Real Estate’s Average Sale Price Turns Negative, First Time Since 2018

April 22, 2020

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 […]

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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 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 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 Real Estate Prices Soar As Sales Come In Higher Than New Inventory

January 7, 2020

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 […]

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Toronto

Toronto Real Estate Prices Make Second Largest November Jump Ever – Tops 2017 High

December 4, 2019

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 […]

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