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!

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The RE/MAX 2018 Recreational Property Report has just been released. This report was jam-packed with a handful of interesting findings, revealing a surge in the recreational property market while Canada’s residential market begins to recover.

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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...

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The GTA real estate market continues to be influenced by the mortgage stress test requirements that were introduced at the beginning of the year, as well as by the modest increase in mortgage rates and lower sales of higher-priced luxury homes across the GTA. Keep reading to see more notable stats for the GTA market in May - and what they mean - in our May 2018 Market Update!

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The average sale price across the GTA came in at $804,584 last month in April, which was down 12.4% compared to the same time last year but 8.8% higher than it was two years ago. Keep reading to see more notable stats for the GTA market in April - and what they mean - in our April 2018 Market Update!

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Last month in March, we saw a considerable year-over-year shift in both sales numbers and inventory. Numerous factors including the new mortgage stress test requirements, a modest increase in mortgage rates and lower sales of higher-priced luxury homes across the GTA influenced these results.

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In 2017, Canada posted year-over-year residential price gains across most regions. Now in 2018, many housing markets could see reduced purchasing power resulting from the new OFSI mortgage rules that took effect on January 1st. If you’re among the 37 per cent of Canadians who are not aware of the change in mortgage rules and how they might affect them, read on...

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This is the time of year when many homeowners and prospective buyers look to the sales trends in their neighbourhoods and in areas throughout the city in the past year, to understand what's been happening in the market and where it may be headed in the year to come. The infographic in this post provides a snapshop of the 2017 Toronto real estate market.

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This past year, we saw a considerable shift in the sales-to-prices ratio as a number of major factors came into play. The number of total sales decreased by 18% in 2017, while the final average for the entire year came out to a 12.7% increase over 2016's numbers. Conditions in the Toronto area remained on trend last month, with a higher than typical number of new listings, remaining very moderately in seller's market territory. Continue reading our December 2017 GTA Market Update to learn more...

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The newly-released 2018 RE/MAX Housing Market Outlook Report looks back at Canadian housing market trends in 2017 and outlines which trends we will likely see in the year ahead. Continue reading to see the GTA Housing Market Report and the full 2018 RE/MAX Housing Market Outlook Report.

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