GTA REALTORS® Release October 2021 Stats

Wednesday Nov 3rd, 2021

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Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down by approximately one-third compared to October 2020. Market conditions tightened across all major home types compared to last year, and the annual rate of average price growth remained in the double digits, including for the resurgent condominium apartment segment. “The... [read more]

Thanks, Mom: Over $10 billion gifted to home buyers over last year

Wednesday Nov 3rd, 2021

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  MARKET NEWS: Michelle McNally Oct 25, 2021 Photo: James Bombales Amidst rising prices and dwindling inventory, it’s no secret that buying a home in Canada has become increasingly difficult, particularly for first-time buyers looking to get their foot on the property ladder. Hoping to help their loved ones set down roots in a home of their own, parents and family members have been known to contribute to the sizable down payment required for a property... [read more]

Ontario Real Estate Market Shifts into Adjustment Phase - REMAX CANADA

Wednesday Oct 27th, 2021

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Homeowners in the Ontario real estate market have witnessed incredible gains over the last 20 months. After a modest slowdown in the first two months of the global health crisis, many aspects of the Ontario housing sector – particularly detached and semi-detached homes – soared and recorded record highs, from sales activity to price growth. But but has an adjustment phase commenced? The Ontario housing industry is bracing for a slowdown amid an environment of tight... [read more]

Is this the right time to Buy Real Estate - April 2020

Thursday May 7th, 2020

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Toronto Regional Real Estate Board released the following key housing market statistics for April 2020:   HOME SALES AND LISTINGS:   Greater Toronto Area REALTORS® reported 2,975 residential transactions through TRREB’s MLS® System. This result was down by 67% compared to April 2019   Weekday sales remained within a relatively steady range during the month, averaging 130 per day.   New listings amounted to 6,174 in April 2020... [read more]

A Spring Awakening for the Modern Gardener.

Tuesday Mar 21st, 2017

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Spring is fast approaching and sellers are anxiously anticipating the vibrant colors of the freshly bloomed flowers. If you’re excited about spring or an aspiring modern gardener, this event may interest you! On Monday, March 27th, 2017, the community of North York is hosting a Spring Awakening event. Find out what your garden will be doing this spring, for more information about this event, visit: http://www.insidetoronto.com/events/7030349--spring-awakening/ Thinking of moving to... [read more]

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