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The Toronto Regional Real Estate Board (TRREB) has published the sales data for August. With 5,294 home sales reported through the local MLS, transactions were down 5.2% when compared to the same period last year. The average selling price of $1,082,496 is virtually unchanged from last August, representing a year over- year increase of 0.3%.
The Toronto Regional Real Estate Board (TRREB) has published the sales data for July. With 5,250 home sales reported through the local MLS, transactions were up 7.8% compared to the same period last year. The average sale price was $1,118,374, representing a year-over-year increase of 4.2%. The MLS Home Price Index (HPI) Composite Benchmark, which
JULY 2023 NEWSLETTER Despite higher interest rates, home sales continue to outpace last year’s levels. The Toronto Regional Real Estate Board (TRREB) has published the sales data for June, and with 7481 home sales reported through the local MLS, transactions were up 16.5% when compared to the same time last year. The average selling price
From a sales perspective, the Greater Toronto housing market continued to improve last month. The Toronto Regional Real Estate Board (TRREB) has published the sales data, and with 9012 home sales reported through the local MLS, transactions were up 24.7% year-over-year. That said, housing market conditions continue to tighten across the GTA as demand continues
The Toronto Regional Real Estate Board (TRREB) has published its sales data for April 2023. With 7531 home sales reported through the local MLS, transactions were down 5.2% year-over-year. Housing market conditions continue to tighten across the GTA. The 11,364 new listings for April are a 38.3% decline from the previous year. The 10,373 active
APRIL 2023 NEWSLETTER The Toronto Regional Real Estate Board (TRREB) has released its sales data for March 2023. With 6,896 home sales reported through the local MLS, transactions were down 36.5% year-over-year. This represents a 27.5% decline when compared to the 10-year average. Housing market conditions continue to tighten across the GTA. The 11,184 new
The Toronto Regional Real Estate Board (TRREB) has released the MLS sales data for February 2023. With 4783 home sales reported by local Realtors, transactions were down 47% from February 2022, the last full month before the Bank of Canada began hiking the interest rates. For historical context, this represents a 31.5% decline against the
The Toronto Regional Real Estate Board (TRREB) has released the MLS sales data for January 2023. With 3,100 home sales reported last month, transactions were down 34% from the 10-year average and 44.6% year-over-year. Though new listings were down 3.7%, they decreased at a slower rate than sales, which has had a positive impact on
Happy New Year. We hope you have a happy and healthy 2023! The Toronto Regional Real Estate Board (TRREB) has released the housing data for 2022. As we know, there was a notable adjustment in sales activity this year compared to the previous record-setting year. Housing affordability issues were exacerbated by rising interest rates and
The Toronto Regional Real Estate Board (TRREB) has released the housing figures for November 2022. With 4544 sales reported on the local MLS, sales were down 49.4% year-over-year and 8.4% from October. New listings in November remained low. The 8,880 homes added to the MLS represent an 11.6% decline from the previous year. At month’s
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