The Toronto Area Real Estate Board (TRREB) has just released fresh statistics, and it was a record-breaking year for property sales in the GTA. With 121,712 MLS System transactions recorded, total sales increased 7.7 percent from the previous high set in 2016 and were up 28% compared to 2020. The lack of inventory was the year's housing story. Despite an increase of 6.2% in new listings, they were unable to keep up with record demand, resulting in an all-time high average selling price... [read more]

Hold onto your hats, folks! The real estate roller coaster is picking up speed and showing no signs of slowing down. So, if you've been sitting on the fence about buying or selling, it's time to buckle up and dive right in. Trust me, you don't want to miss out on this wild ride. Need some proof? Check out my recent listing at 90 Niagara Street, which sold faster than you can say "bidding war!" Here are the stats that'll knock your socks off: DAYS ON MARKET:... [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]