Home prices across the Greater Toronto Area (GTA) continue to increase, but sales and new home listings have fallen dramatically last month. The Toronto Real Estate Board (TREB) released its Market Figures Report for the month of November, and while the average selling price of a home was up 3.5 per cent (to $788,345), home […]
GTA Home Prices For The Month of October Up 3.5% Year-Over-Year
Despite little fluctuation month-over-month by home sales across the Greater Toronto Area (GTA), sales within the condo and semi-detached market over the past year drove up overall prices in October. According to the latest Market Report by Toronto Real Estate Board (TREB), the average selling price was $807,340 in October, up 3.5 per cent from […]
Housing Supply Shortage Remains a Pressing Issue: TREB
Home sales and selling prices across the Greater Toronto Area (GTA) saw a modest increase in September, according to the last Market Figures report released by the Toronto Real Estate Board (TREB). Home sales climbed 1.9 per cent, while the average selling price increased by 2.9 per cent (to $796,786 from $774,489) when compared to […]
87 Per Cent of Toronto Residents Want Additional Housing…But Not in Their Backyard
A new Ipsos poll has revealed that the majority of GTA residents believe it is important to build new housing types in the GTA to address housing affordability in the area. However, nearly half of respondents state they oppose of building a new development in their neighbourhood. The poll, released by The Building Industry and […]
Housing Affordability Among Top Concerns for GTA Residents: New Poll
The election is approaching and a new poll has determined that the biggest concern among GTA residents is…drumroll please…housing affordability. According to a recent poll done by the Building Industry and Land Development Association (BILD) and the Toronto Real Estate Board (TREB), nearly 40 per cent of residents listed the cost of housing as one […]
Condo Prices in Toronto Are Rising Significantly
While condos in Toronto may be amongst the more affordable housing types, prices are beginning to appreciate – and quite dramatically in some areas. A recent report by Zoocasa calculated the average condo prices in 95 of Toronto’s neighbourhoods. The study found that two-bedroom condo units have appreciated by 7 per cent and one-bedroom units […]
TREB: GTA Home Sales for The Month of August 2018 Up 8.5%
Following months of slow sales during the first half of the year, sales throughout the GTA are beginning to pick up. According to the latest Market Figures by the Toronto Real Estate Board (TREB), there were 6,839 reported sales in August 2018, an 8.5 per cent increase when compared to the same time last year. […]
July Home Sales Up 18.6%
Home sales across the Greater Toronto Area (GTA) have climbed nearly 20 per cent in July, proving buyers are returning to the market following months of declining sales. According to the latest Market Figures report by the Toronto Real Estate Board (TREB), 6,961 homes were sold across the GTA last month, an 18.6 per cent […]
Toronto’s Housing Market Is Showing Signs of Recovery – Will It Last?
After months of dwindling sales and tumbling prices, Toronto’s housing market is finally starting to show signs of recovery, as increased sales are showing home buyers are beginning to re-enter the market. According to the latest Monthly Market Figures by the Toronto Real Estate Board (TREB), home sales and average prices for the month of […]