Toronto area home sales down to 10-year low in 2018 and number of listings dip. Home sales in Toronto and the surrounding GTA area fell to a 10-year low in 2018, as the number of new listings coming to the market declined and home buyers and sellers faced with a new reality of higher interest rates […]
GTA market
Home sales in Toronto drop in November, 2018 following spike in sale prices
Home sales in Toronto drop in November, 2018 following spike in sale prices Toronto remains a seller’s market after home sales across the Greater Toronto Area (GTA) dropped nearly 15% this November, 2018, compared to a year ago. According to the Toronto Real Estate Board (TREB), there were 6,251 residential transactions recorded through its system last month, a […]
Central Toronto Real Estate TREB October, 2018 Resale Market Watch Report
Central Toronto Real Estate TREB October, 2018 Resale Market Watch Report Greater Toronto, November 5, 2018 – TREB October, 2018 Resale Market Watch Report. Toronto Real Estate Board President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB’s MLS® System in October 2018. Greater Toronto Area REALTORS® […]
Foreign buyers behind merely 5 per cent of Toronto home sales in 2016
Don’t blame overseas investors for the high price of housing in the Toronto area, tells the Toronto Real Estate Board (TREB). The board has released new research stating fewer than 5 per cent of the 113,133 residential real estate transactions in the Toronto region in 2016 involved foreign buyers. More than half of those foreign buyers were […]
Toronto condo purchasers sense the competitive squeeze
One of the major surprises of the resale marketplace in 2016 in the Greater Toronto Area was the strong condo market. The deficit of listings in the single-family home category persuaded many potential purchasers to take another look at high-rise living. The trend looks like to continue in 2017. In 2016, sale of condo […]