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]

January 2021 home sales amounted to 6,928 – up by more than 50 per cent compared to January 2020. This strong start to 2021 included sales growth across all major segments including condominium apartments, both in the City of Toronto and surrounding GTA regions.   New listings were also up on a year-over-year basis in January, but not by the same annual rate as sales. This means market conditions tightened compared to January 2020, resulting in the continuation of double-digit... [read more]

Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. With multiple buyers continuing to compete for many available listings, double-digit annual price growth was the norm throughout the GTA, with stronger rates of growth in the suburbs surrounding the City of Toronto.   GTA REALTORS® reported 10,970 sales through TRREB’s MLS® System... [read more]