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Market Reports

Market Report | July 2023

The Greater Toronto Area (GTA) residential housing market showed some signs of balancing out in July as home sales trended lower and new listings gained steam. According to the Toronto Regional Real Estate Board (TRREB), the number of homes ...

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Market Report | June 2023

The rebound in the Toronto housing market showed signs of easing in June, with sales dipping for the first time in months after the Bank of Canada raised interest rates again, however, the shortage of available homes kept buyers’ compet...

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Market Report | May 2023

The Greater Toronto Area (GTA) housing market continued to make impressive rebounds in May as homebuyers showed no signs of slowing down.  Amidst limited listings and high demand, average home prices continued to be pushed back up. And it w...

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Market Report | April 2023

With the spring market in full swing, the recovery in Toronto’s housing market continued to gain momentum in April.  The number of homes sold and prices climbed for a third month in a row, and competition among buyers ramped up in the Grea...

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Market Report | March 2023

Toronto’s housing market is showing signs it is on the rebound with rising competition in a tight market that pushed sales and home prices higher in March for the second consecutive month.  Across the GTA, a total of 6,896 homes were sold ...

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Market Report | February 2023

Signs of renewed activity are apparent throughout the GTA. Last year we saw downward pricing pressure due to lingering consumer uncertainty and higher borrowing costs.  In February the Toronto Regional Real Estate Board (TTREB) reported 4,78...

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Market Report | January 2023

As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected with home sales off to a weak start, demonstrating the impact of the Bank of Canada’s key rate hikes from 0.25% in March to 4.5% on Jan. 25....

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Market Report | November 2022

The Greater Toronto Area (GTA) residential real estate market appears to be at a standstill with both sellers and buyers waiting on the sidelines.  The market activity in November continued to be influenced by the impact of higher borrowing ...

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Market Report | October 2022

The main takeaways for the month of October from the Toronto Regional Real Estate Board (TRREB) are the number of homes sold in the Greater Toronto Area (GTA) continues to decline, prices seem to have flattened and new listings are down signi...

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Market Report | September 2022

At a time when the typically busy fall real estate season is usually getting started, the Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022.  The rising interest rates are dampenin...

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