March was another record-breaking month for real estate in the Greater Toronto Area, with new records set for the average price and number of sales. After passing the $1m mark for the first time ever last month, March saw the average price for a home in the GTA rise to $1,097,565 according to a report […]
GTA real estate continues to set records
Greater Toronto Area real estate continued to post record-breaking numbers in February as the average price of a home rose above $1m for the first time ever. According to a report released by the Toronto Regional Real Estate Board (TRREB) yesterday, the average sale price for a home in the GTA in February was $1,045,488. […]
GTA real estate ends the year on a high note
2020 has been a tough year for many but Greater Toronto Area real estate has been an exception, with the latest figures showing record numbers once again. According to a report released by the Toronto Regional Real Estate Board (TRREB) Wednesday, the number of homes sales in the GTA in December increased 64.5% year-over-year – […]
How has Covid-19 affected the Toronto real estate market?
As the second wave of the covid-19 pandemic starts to create more restrictions for the public, we take a look at how the first eight months of the pandemic affected Greater Toronto Area real estate – for good and bad. When the covid-19 pandemic arrived, it seemed obvious that it would have a major effect […]
Report shows another hot month for GTA real estate
It was another hot month for GTA real estate in October, with more records broken. However, the numbers show that not all areas of the market were so strong, with certain segments generating much greater demand than others. According to a report released by the Toronto Regional Real Estate Board (TRREB) yesterday, the average price […]
Another record-breaking month for GTA real estate
August was another record-breaking month for GTA real estate as the market continued its post-lockdown resurgence. According to a report released by the Toronto Regional Real Estate Board (TRREB) today, the average sale price, number of sales and number of new listings all recorded huge year-over-year increases, going up 20.1%, 40.3% and 56.8% respectively. The […]
GTA real estate sets new records as summer heats up
Greater Toronto Area real estate roared back to life in July, with prices reaching new highs and sales numbers recording huge increases compared to last year. According to a report released by the Toronto Regional Real Estate Board (TRREB) today, there were 11,081 homes sold in the GTA in July – a 29.5% year-over-year increase. […]
Average home price hits record level as real estate market continues to heat up
The average price of a home in the Greater Toronto Area hit a new high in June according to a report released by the Toronto Regional Real Estate Board (TRREB) Monday. The average price of a GTA home was $930,869, surpassing the peak recorded in April 2017 – a time when prices in the GTA […]
Toronto announces phase two of plan for affordable housing units
Toronto Mayor John Tory yesterday announced the next phase in the city’s plan to increase the supply of affordable housing units on city-owned lands. At a press conference at City Hall, Tory revealed details of phase two of Toronto’s Housing Now initiative, with the city aiming to build between 1,455 and 1,710 residential units. Housing […]
TRREB survey reveals changes in real estate expectations
A survey released by the Toronto Regional Real Estate Board (TRREB) yesterday shows a notable change in the expectations of sellers of Greater Toronto Area real estate and that could have implications for the market in the next year. The survey was conducted by Ipsos on behalf of TRREB between 24 April and 27 April […]
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