With the year 2024 in full swing, the Toronto condo market is a hot topic for many individuals. Whether you're a first-time buyer, seasoned investor, or simply interested in real estate, understanding this market is vital. The 2024 real estate landscape in Toronto has seen significant changes. From fluctuating prices to new construction projects, the market dynamics keep evolving. For those involved in...
In August 2022, there were 5,627 home sales reported through the Toronto Regional Real Estate Boards (TRREB) MLS® System, representing a 34.2 percent year-over-year drop and a slower annual rate of decline compared to the previous four months. The August sales result was also a month-over-month increase over July. When compared to the previous three months, sales represented a higher proportion of new...
In March 2022, nearly 11,000 home sales were reported in the Greater Toronto Area (GTA), closing off the third-best March and second-best first quarter on record. With an average selling price of $1.3 million, tight market conditions continued to support double-digit yearly price rise. Month over month, the average selling price fell marginally, contradicting the seasonal tendency. “Now...
In Q2 2021, the number of condominium apartment rental transactions was more than double that of Q2 2020. In comparison to Q1 2021, the number of rentals increased by 13.3%. On a year-over-year and quarter-over-quarter basis, growth in rental transactions outpaced growth in the number of units advertised.  In Q2 2021, REALTORS® in the Greater Toronto Area (GTA) recorded 14,920 condominium apartment...
In the Greater Toronto Area, year-over-year growth in condominium unit sales far outpaced growth in listings in the first quarter of 2021. (GTA). With market conditions tightening, average condo prices in the regions surrounding Toronto were higher in Q1 2021 than they were in Q1 2020. The average condo sale price in Toronto stayed lower than the previous year. GTA REALTORS® reported...
Another week with some pretty nice Fall weather and as per usual in the Greater Toronto Area another start to an active real estate week. See below for this Monday's snap shot; Let's take a look at the latest listings in downtown Toronto These are currently the lowest priced listings in downtown Toronto. These are are highest priced condo listings in downtown Toronto...
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