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Posts Tagged ‘sellers’

Market Report | October 2024

The Bank of Canada has been steadily lowering its benchmark rate since June, with the most significant cut of 0.50% on October 23rd, bringing the overnight lending rate to 3.75%. Despite these reductions, the Toronto and Region reside...

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Market Report | September 2024

A true market rebound is likely still a little way off, but signs of life were detected in the Greater Toronto Area (GTA) housing market this September, according to the Toronto Regional Real Estate Board's (TRREB's) latest report. �...

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Market Report | August 2024

The number of home sales in the Greater Toronto Area (GTA) continued to fall in August.  Hopefully this is the last month of one of the worst residential resale market periods since the early 1990’s. The figures from the Toronto Re...

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Market Report | June 2024

Although June kicked off with a Bank of Canada interest rate cut, Greater Toronto Area (GTA) home sales failed to pick up in the way that some experts had forecasted they would.  Many potential buyers are still staying on the side...

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Market Report | April 2024

The Toronto real estate market is experiencing a spring slowdown, shifting more in favour of buyers after four consecutive months of increased listings. While the rise in inventory has helped stabilize prices, it hasn't led to more tr...

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Market Report | March 2024

March 2024 brought continued vibrancy to the Greater Toronto Area (GTA) housing market, showcasing resilience amid economic fluctuations. Toronto's housing trends reveal a mix of challenges and opportunities for buyers and investors, ...

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Market Report | February 2024

February 2024 showcased vibrant activity in the Greater Toronto Area (GTA) real estate market, with both home sales and new listings displaying impressive annual and monthly increases. Additionally, selling prices exhibited an upward ...

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Market Report | January 2024

January demonstrated a sudden shift in consumer optimism towards the real estate market in the Greater Toronto Area (GTA).  The anticipation of a reprieve from the Bank of Canada's interest rate hikes infused the air with renewed con...

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Market Report | December 2023

Embrace the arrival of the new year! It's that time again to reflect on the past and gaze into the future. Instead of solely peering ahead, let's take a moment to rewind and assess the journey of 2023. This retrospective glimpse sets ...

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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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