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January 2023 Real Estate Market Update

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…

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December 2022 Real Estate Market Update

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.…

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September 2022 Real Estate Market Update

Toronto-area homebuyers were faced with significantly lower inventory than what’s typically anticipated in an early fall market, with new listings down 16.7% on a year-over-year basis — the lowest number of new listings reported for the month of September in…

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August 2022 Real Estate Market Update

Greater Toronto Area home prices stabilized in August, after the month-over-month free fall that began in spring. The average selling price for all home types was up slightly to $1,079,500, from $1,074,754 in July — an increase of 0.4%. Year-over-year,…

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