June Toronto & GTA Real Estate Market Update Residential transactions reported through TRREB’s MLS® System remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May. Greater Toronto Area REALTORS® reported 11,951 sales in May 2021 – more than double the result... [read more]

JULY 2020 - Record Month!   The Toronto Regional Real Estate Board (TRREB) has released the sales figures for July and a new monthly sales record has been set with 11,081 transactions reported on the MLS. This represents a 29.5% increase over July 2019 and a 27.4% increase from June. Historically, we would experience a dip in the summer months but with COVID-19 impacting vacation plans, we are seeing the results of pent up demand from the market downturn experienced in April and... [read more]