The entire country has seen home prices fall dramatically over the past year since the Bank of Canada started its aggressive hike of interest rates. Ontario has experienced some of the largest price drops, though there is great variability across…
Home sale prices for all property types saw a bump in February, up 5.4% from January, following the regular seasonal trend. The detached market realized an impressive uptick of 7.2%, resulting in an average sales price of $1,439,735 — the…
The Greater Toronto Area (GTA) housing market unfolded as expected in January, with the number of sales and overall selling price similar to December 2022. Also unsurprisingly, both sales and prices were down markedly on a year-over-year basis, continuing to…
The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022, compared to record levels the previous year. The average selling price for all home types was $1,051,216 in December 2022, down 9.2% from $1,157,837 the previous year.…
Five Ontario cities are still experiencing a seller’s market despite rising interest rates, according to a new report by Canadian real estate website Zoocasa. Predominantly located in northwestern Ontario, they include Thunder Bay, Sault St. Marie, North Bay and Sudbury,…
Greater Toronto Area (GTA) sale prices remained stable in November, at an average of just under $1.1 million — a number that has remained relatively unchanged since August. The persistent lack of inventory is primarily behind why the downward trend…
October marked the third straight month that prices held steady in the Greater Toronto Area (GTA), after values retreated following interest rate increases in spring and early summer. The average price of a home was just under $1.1 million, up…
The Bank of Canada raised its key interest rate again on Sept. 7, this time by three-quarters of a percentage point. For homeowners with a variable rate mortgage that fluctuates according to the key interest rate issued by the country's…
The Greater Toronto Area (GTA) real estate market saw more adjustments in May, mainly as a reaction to rising interest rates as a measure to combat inflation. In what’s usually one of the hottest months for sales, a total of…
Nearly 25% of homeowners with a mortgage say they will have to sell their home if interest rates continue to rise. This is according to a new Manulife bank debt survey that looks at the impact of interest rates, inflation…
Clare Tattersall
Sales Representative
Direct: 647.625.3282
Office: 416.762.8255
Email: clare@realtorontowest.com
Royal LePage Real Estate Services Ltd., Brokerage
2320 Bloor St. W., Toronto, ON M6S 1P2
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