July was another tough month in real estate in the Greater Toronto Area as there were once again notable decreases in the average price of homes and the number of homes sold. In its latest monthly report released Thursday, the Toronto Real Estate Board (TREB) announced that the average price of a home in the […]
GTA House Prices Record Another Big Increase in April
House prices continued to rise in the Greater Toronto Area during April, with the latest report from TREB showing a 24.5% year-on-year increase in the average selling price and a slight increase from the previous month. Rising to a new high of $920,791, the average selling price for all homes in the GTA was […]
December GTA Home Sales Confirm Record-Breaking Year
TREB predicts strong demand for homes will continue into 2016 TORONTO – In news unlikely to shock real estate market watchers, Toronto’s annual home sales activity numbers for 2015 – which had already reached a new high water mark as of November – have officially shattered the previous record set in 2007. In its newest […]
“Lower Borrowing Costs” Spurring February Sales Boost: TREB
TORONTO – Through the first half of February, the GTA’s temperatures may have been chilly but its real estate market certainly wasn’t – with a total of 3,120 transactions reflecting a 14.9 per cent year-over-year increase in sales activity. The impressive total was revealed by the Toronto Real Estate Board (TREB)’s Mid-Month Resale Housing Figures […]
Hot Summer for GTA Prices and Sales: TREB
GREATER TORONTO – According to the Toronto Real Estate Board (TREB)’s latest Market Watch report, July 2014 was an exceptional month for Toronto real estate, yielding an incredible 9,198 reported property sales. This impressive figure – the second-strongest July sales result on record – reflects an equally awe-inspiring 10 per cent year-over-year increase. The average […]
Market Update: GTA Condo Market Continues Rebound in Q4
MARKHAM – The final months of 2013 were strong ones for sales in the GTA’s high-rise real estate sector, as condo apartment sales in the year’s fourth quarter (Q4) increased by an incredible 21 per cent over the same period in 2012. The Toronto Real Estate Board (TREB) reported in January that across their jurisdiction, […]
GTA Market Update: 2013 Fall Market Refuses to Cool Off
TREB numbers show GTA’s real estate market remaining stable and active through the fall months GTA REAL ESTATE – The days might be getting colder and colder, but Greater Toronto’s housing market has yet to show any signs of a temperature drop – with the summer market’s high prices and bustling sales activity continuing well […]
Market Update: Scorching-hot August market mobilizes GTA home buyers
GTA REAL ESTATE – August was one of the busiest months of 2013 for home sales in Toronto, with the Toronto Real Estate Board (TREB) reporting 7,569 residential transactions – representing a huge 21 per cent increase over 6,249 GTA homes sold in August 2012. These numbers are reflective of Toronto area home buyers’ willingness […]