March 2021 GTA Real Estate Report. For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and continued improvement in many sectors of the economy.   GTA REALTORS® reported 15,652 sales in March 2021 – close to double that of March 2020. While sales were strong, it is important to remember that for the second half of March we are comparing against the... [read more]

APRIL 2021 GTA Real Estate Market Update   The Toronto Regional Real Estate Board (TRREB) has released the sales figures for April. 13,663 transactions reported through the local MLS represent a new monthly sales record for April, making it the tenth consecutive month with record-setting sales.    April 2020 will be remembered as the first full month of the pandemic, making for poor comparisons…sales were up 362.1% from the same time last year. However, if we... [read more]

Toronto Regional Real Estate Board (TRREB) announced that the strong rebound in Greater Toronto Area (GTA) home sales continued with a record result for the month of August. GTA REALTORS® reported 10,775 residential sales through TRREB’s MLS® System in August 2020 – up by 40.3% compared to August 2019.   Sales were up on a year-over-year basis for all major home types, both in the City of Toronto and surrounding GTA regions. It should be noted that the low-rise... [read more]

2020 Market Year in Review - The Key Facts  2020’s Toronto Housing Market Total sales and sale prices increased 95,151 sales were reported through TRREB’s MLS® System, representing an 8.4% increase from 2019. The average selling price was $929,699, representing a 13.5% increase year over year. +13.5% selling price +8.4% in sales   Housing sales Increased buyer competition for low-rise, detached housing New listings for detached houses were... [read more]