Toronto Market Update for April 2019

16 May 2019
Life and the City

New listings rose 8.2% last month in April compared with the same month last year, but at 12.2%, the annual growth rate of sales outpaced the rise in new listings. This dynamic means that market conditions are tighter, so price increases may accelerate.


Toronto Market Update for February 2018

14 March 2019
Life and the City

Toronto home sales were down last month in February, while selling prices continued to rise, as a result of very low inventory available on the market. Now, with the weather finally becoming more mild and spring-like, it's about that time of year when we begin we see more properties listed for sale - great news for inventory, and for buyers who have been waiting for the opportunity to find their perfect home.


Toronto Market Update for January 2018

19 February 2019
Life and the City

Last month in Toronto, we saw detached home prices decrease by 8.5% and townhome prices were down 9.9% from the same time last year. Meanwhile, sales prices for Toronto condos continued their upward trajectory with an increase of 8.8%, and semi's were up by 6% year-over-year.


Toronto Market Update for December 2018

09 January 2019
Life and the City

Toronto home sales in December of 2018 were down by 14% year-over-year, while sale prices continued to moderately grow. This is due, in part, to higher borrowing costs coupled with the new mortgage stress test, as well as lower inventory. Keep reading our December 2018 Toronto Market Update to learn more!


Toronto Market Update for November 2018

12 December 2018
Life and the City

Toronto largely remains a seller’s market as home sales fell nearly 14% in November, compared with a year ago, as sale prices continued to see moderate growth. This year-over-year decrease is likely the result of a temporary upward shift in demand that we experienced in November 2017, just before the new stress-test rules for federally regulated lenders came into effect in January of this year. Keep reading our November 2018 Toronto Market Update to learn more!


Toronto Market Update for October 2018

16 November 2018
Life and the City

Toronto home sales climbed in October as new listings fell, pushing prices higher and signalling the city's real estate market is tightening. TREB reported that 7,492 homes sold in the Greater Toronto Area last month, a 6% increase over October of last year. The average sale price for all types of homes climbed 3.5% on a year-over-year basis to $807,340. Keep reading our October 2018 Toronto Market Update to learn more!


RE/MAX Hallmark Q3 Toronto Housing Market Report

13 November 2018
Life and the City

The housing market in Toronto has been stabilizing over the course of the third quarter, following a sharp drop in the first two quarters after the implementation of various government regulations. Gradual improvements in prices since the second quarter with increased sales activities in suburbs, fall in Toronto and inventory increase in both areas. Continue reading to learn more about the Toronto housing market in the 3rd quarter of 2018!


Toronto Market Update for September 2018

19 October 2018
Life and the City

The Toronto-area housing market continued to make modest year-over-year gains in September, with the average selling price across all housing types, from detached homes to condos, up 2.9% to $796,786. The number of resale home transactions rose 1.9% compared to September of 2017. Keep reading our September 2018 Toronto Market Update to learn more!


August 2018 Toronto Market Update

25 September 2018
Life and the City

The Toronto real estate market last month in August performed better than a typical summer market, with an increase of 8% year-over-year in the average sale price for all property types across Toronto, and a 4.7% year-over-year increase in the average sale price for all markets across the GTA. Overall sales were down by 1.5% in Toronto last month, but GTA markets saw an increase of 8.5% year-over-year. Keep reading our August 2018 Toronto Market Update to learn more!


June 2018 GTA Market Update

18 July 2018
Life and the City

Last month in June, the Toronto real estate market saw a 4.9% increase in the average sale price year-over-year. Meanwhile, there was a 1.3% decrease in the number of sales, which is typical for this time of year. Looking at the GTA market as a whole, there were a number of interesting stats that emerged last month. Have a look at our summary to learn more...