8/4/2022 | Posted in GTA Real Estate by Russell Pearsall
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There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 - down by 47 per cent compared to July 2021. Following ... More

GTA Home Sales and Listings Trend Downwards in July

  7/29/2022 | Posted in GTA Real Estate by Russell Pearsall
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The Greater Toronto Area’s average rent has reached a new high in Q2 amid intensified competition, according to the region’s real estate industry association.

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The region is seeing rapidly intensifying competition, industry board says

  7/13/2022 | Posted in GTA Real Estate by Russell Pearsall
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Royal LePage has cut its home price forecast for this year amid a series of aggressive interest rate hikes which have pushed up the cost of borrowing and cooled the demand for ... More

Royal LePage cuts home price forecast for GTA amid series of aggressive interest rate hikes

  7/6/2022 | Posted in GTA Real Estate by Russell Pearsall
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Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 – down by 41 per cent compared to last year’s strong result. The number of ... More

TRREB Forecasts Current Market Conditions to Remain Over Summer

  6/27/2022 | Posted in GTA Real Estate by Russell Pearsall
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The cost of rent here in the GTA is on the rise.

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Average GTA rent price saw highest increase in 3 years: report

  6/4/2022 | Posted in GTA Real Estate by Russell Pearsall
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The tide continued to shift in favour of homebuyers in the Greater Toronto Area (GTA) last month amid higher borrowing rates.

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Toronto home prices fall as sales take another hit in May

  6/3/2022 | Posted in GTA Real Estate by Russell Pearsall
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Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly ... More

Market Continues To Balance Out As Borrowing Costs Trend Higher

  5/4/2022 | Posted in GTA Real Estate by Russell Pearsall
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The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis.

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Market Adjusts To Higher Borrowing Costs In April

  5/4/2022 | Posted in GTA Real Estate by Russell Pearsall
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Greater Toronto Area (GTA) new condominium sales reached their highest Q1 on record with 8,253 units sold, rising 55% year-over-year and exceeding the 10-year average (5,154 ... More

GTA New Condo Sales Reach Record High in Q1

  4/22/2020 | Posted in GTA Real Estate by Russell Pearsall
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Greater Toronto Area REALTORS® reported 1,654 home sales through TRREB’s MLS® System during the first 17 days of April – down by 69 per cent compared to the ... More

TRREB Releases Mid-April Market Update

  4/22/2020 | Posted in GTA Real Estate by Russell Pearsall
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Toronto home sales tumbled in the first half of April, down 69 per cent compared with the previous year, as the coronavirus pandemic led to an economic slowdown and a huge ... More

Toronto home sales plummet in April as coronavirus shutdowns hit housing market

  4/3/2020 | Posted in GTA Real Estate by Russell Pearsall
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Despite a strong increase in sales for March 2020 as a whole, there was a clear break in market activity between the pre-COVID-19 and post-COVID-19 periods.

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TRREB Releases Monthly Resale Housing Market Statistics

  2/10/2020 | Posted in GTA Real Estate by Russell Pearsall
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Mortgage stress test forces homebuyers further outside GTA to find house they can afford.

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Drive until you qualify

  1/7/2020 | Posted in GTA Real Estate by Russell Pearsall
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The MLS® Home Price Index Composite Benchmark was up by 7.3% on a year-over- year basis in Dec 2019. From June 2019 onward, the annual growth rate in the MLS® HPI ... More

GTA REALTORS Release December and Annual 2019 Stats

  12/4/2019 | Posted in GTA Real Estate by Russell Pearsall
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,090 sales through TREB’s MLS® System in November 2019 ... More

TREB Releases November Market Figures as Reported by GTA REALTORS

  11/5/2019 | Posted in GTA Real Estate by Russell Pearsall
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,491 residential sales through TREB’s MLS® System in ... More

TREB Releases October Market Figures As Reported By GTA Realtors

  10/3/2019 | Posted in GTA Real Estate by Russell Pearsall
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,825 sales through TREB's MLS® System in September 2019. ... More

TREB Releases September Market Figures As Reported By GTA Realtors

  9/18/2019 | Posted in GTA Real Estate by Russell Pearsall
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According to a recent BILD report, these charges make a significant impact on affordability.

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Buyers of new GTA homes face $222K in government charges

  9/5/2019 | Posted in GTA Real Estate by Russell Pearsall
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,711 residential sales through TREB’s MLS® System in ... More

TREB Releases August Market Figures

  8/17/2019 | Posted in GTA Real Estate by Russell Pearsall
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Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019.

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GTA market fundamentals to remain robust going forward

  8/6/2019 | Posted in GTA Real Estate by Russell Pearsall
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GTA REALTORS® reported 8,595 sales through TREB's MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018. 

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TREB Releases July Market Figures

  7/29/2019 | Posted in GTA Real Estate by Russell Pearsall
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The market for condo apartments remained strong in the Greater Toronto Area in the second quarter.

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GTA condo apartment sales up 3.2% in the second quarter

  7/15/2019 | Posted in GTA Real Estate by Russell Pearsall
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The bounce-back in single-detached home sales is contributing to an uptick in average price, with more than 50 per cent of neighbourhoods in the Greater Toronto Area reporting ... More

Rising detached home sales pull up average price in the GTA

  7/4/2019 | Posted in GTA Real Estate by Russell Pearsall
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Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent ... More

GTA REALTORS® Release June 2019 Stats

  6/6/2019 | Posted in GTA Real Estate by Russell Pearsall
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There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year.

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GTA new home sales jumped 123% in April

  6/6/2019 | Posted in GTA Real Estate by Russell Pearsall
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Canada’s banks will have to set aside a larger share of their capital to protect against downturns in lending and other potential financial risks.

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OSFI increases domestic buffer to 2% amid household debt risk

  6/5/2019 | Posted in GTA Real Estate by Russell Pearsall
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TREB President Garry Bhaura announced that GTA REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019.1 While this result represented a ... More

GTA REALTORS® Release May 2019 Stats

  5/6/2019 | Posted in GTA Real Estate by Russell Pearsall
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Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019. ... More

GTA REALTORS® Release April 2019 Stats

  5/3/2019 | Posted in GTA Real Estate by Russell Pearsall
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A report issued yesterday by market analysis experts Urbanation shows a continued decline in Greater Toronto Area (GTA) new development launches and sales, occurring at the ... More

GTA Condo Construction Hits Record High in Q1 2019
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