To help you navigate the ever-changing GTA real estate market, we are exploring some GTA real estate trends from the data collected in February 2023. The market experienced a substantial…
The Greater Toronto Area (GTA) real estate market is one of the most dynamic and competitive markets in Canada. To negotiate the best home deal in the GTA, an optimized…
The Greater Toronto Area (GTA) real estate market began 2023 as it ended 2022, with similar sales and average selling price numbers in January compared to December. Despite this, both…
Foreign Buyer Ban Took Effect January 1, 2023 The Foreign Buyer Ban, or more formally the Prohibition on the Purchase of Residential Property by Non-Canadians Act, takes effect January 1,…
Home Sales and Listings Down While Selling Price and Rent Up The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021.…
The Toronto Regional Real Estate Board (TRREB) reported that the GTA housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44% compared to September 2021. New listings were also down on a year-over-year basis by 16.7% to 11,237. This is the lowest number of new listings reported for September since 2002.
The Toronto Regional Real Estate Board (TRREB) reported 4,912 home salesIn July 2022 – down by almost half (47%) compared to July 2021. Market conditions remained much more balanced in…
A five-year forecast by Moody’s Analytics shows prices rising all over the country apart from in two cities. Moody’s forecast used RPS Real Property Solutions data and predicted that Canadian…