The Greater Toronto Area (GTA) real estate market will start to turnaround this year, after experiencing a downward slide or market correction in 2022. This is according to reports by both the Canadian Real Estate Association and Royal LePage. Approximately…
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…
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…
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,…
More than two-thirds of Canadian buyers are willing to make at least one sacrifice to purchase a home they can afford, according to a new report conducted by market research firm Leger. The most common concession is relocation, as identified…
The Greater Toronto Area’s once-hot real estate market has turned amid a series of aggressive interest rate hikes by the Bank of Canada to tamp down too-high inflation. Bidding wars have become a thing of the past in many neighbourhoods…
Buyers are poised to benefit from more choice and value for money as sales and home prices continue to trend downwards following the peak seen in the first quarter of 2022. In July, there were 4,912 sales in the Greater…
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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