Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision-making, and the constrained supply of listings resulted in fewer home sales in August compared to the same month last year. On the price front, more balanced market…
Greater Toronto Area home sales, listings and prices were up in July, in comparison to the same month last year; however, the market experienced more balance than in June, with sales edging lower for the second straight month while active…
Since the Bank of Canada unexpectedly ended its pause on interest rate hikes in June, raised the rate again in July, and has signalled another potential hike in September to bring inflation down, a major source of uncertainty has returned…
After month-over-month home price increases, the Greater Toronto Area (GTA) real estate market is displaying mixed signals, indicating a potential impending shift. In June, the average price of properties in the GTA decreased by $13,972, resulting in a final price…
The housing market in the Greater Toronto Area (GTA) continued its upward trajectory in May, displaying an impressive rally in home prices. The average price surged by $42,832, marking the second consecutive month of substantial gains exceeding $40,000. This is…
The real estate market in the Greater Toronto Area (GTA) is experiencing a surge in demand as buyers have come to terms with higher borrowing costs and are taking advantage of lower selling prices compared to this time last year.…
Home prices are trending upward once again due to a tightening in market conditions. With the return of a more stable interest rate environment, previously sidelined buyers have released their pent-up demand on the market. Since many sellers are still…
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…
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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