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January 2024 Real Estate Market Update

Tighter market conditions have returned to the Toronto-area housing market suggesting 2024 is gearing up to be a considerably busier year than its predecessor. Home sales were higher in January, reaching 4,223 — an impressive 36% yearly growth — as…

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December 2023 Real Estate Market Update

The Greater Toronto Area (GTA) housing market experienced some turbulence throughout 2023, but its enduring resilience remains the standout feature. Commencing the year with an average sales price of $1,038,668, properties saw a remarkable 15% surge by May, reaching an…

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November 2023 Real Estate Market Update

November saw little change in the average Greater Toronto Area home price year-over-year, ending the month at $1,082,179, up just 0.3%. Examining individual asset classes, the semi-detached market remains stalwart in price stability, maintaining a sales price within a $42,000…

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October 2023 Real Estate Market Update

Lack of affordability and uncertainty remained issues for many would-be homebuyers in October, resulting in a dip in sales compared to last year. However, prices remained higher, up 3.5% or $36,500, putting the average Greater Toronto Area home value at…

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September 2023 Real Estate Market Update

Home prices maintained their resilience in September, with most property segments showing positive year-over-year trends. But a shift has emerged in the housing market: the resurgence of properties for sale. In September, inventory reached 18,912 active listings, the highest level…

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