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Market Reports

Market Report | November 2023

High borrowing costs and economic uncertainties persisted in November 2023, causing Toronto and Greater Toronto Area(GTA) homebuyers and sellers to take another step back from real estate.  As the month unfolded, the tale of GTA'...

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Market Report | October 2023

October unfolded as a subdued month for home sales in the Greater Toronto Area (GTA), with potential buyers remaining on the sidelines amidst persistent uncertainty and affordability challenges. According to the Toronto Regional ...

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Market Report | September 2023

The Toronto housing market continued to cool as we moved from the summer into the fall home-buying season, normally the second busiest time for the market each year. It appears the housing market is currently undergoing a noticeable transitio...

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Market Report | July 2023

The Greater Toronto Area (GTA) residential housing market showed some signs of balancing out in July as home sales trended lower and new listings gained steam. According to the Toronto Regional Real Estate Board (TRREB), the number of homes ...

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Market Report | June 2023

The rebound in the Toronto housing market showed signs of easing in June, with sales dipping for the first time in months after the Bank of Canada raised interest rates again, however, the shortage of available homes kept buyers’ compet...

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Market Report | May 2023

The Greater Toronto Area (GTA) housing market continued to make impressive rebounds in May as homebuyers showed no signs of slowing down.  Amidst limited listings and high demand, average home prices continued to be pushed back up. And it w...

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Market Report | April 2023

With the spring market in full swing, the recovery in Toronto’s housing market continued to gain momentum in April.  The number of homes sold and prices climbed for a third month in a row, and competition among buyers ramped up in the Grea...

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Market Report | March 2023

Toronto’s housing market is showing signs it is on the rebound with rising competition in a tight market that pushed sales and home prices higher in March for the second consecutive month.  Across the GTA, a total of 6,896 homes were sold ...

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Market Report | February 2023

Signs of renewed activity are apparent throughout the GTA. Last year we saw downward pricing pressure due to lingering consumer uncertainty and higher borrowing costs.  In February the Toronto Regional Real Estate Board (TTREB) reported 4,78...

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Market Report | January 2023

As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected with home sales off to a weak start, demonstrating the impact of the Bank of Canada’s key rate hikes from 0.25% in March to 4.5% on Jan. 25....

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