inventory

The Greater Toronto Area (GTA) housing market saw a boost in activity in September, as buyers appeared more motivated to re-engage, especially following the mid-month interest rate cut. Sales were up on both a monthly and yearly basis, 7.3% compared…

The Greater Toronto Area housing market continued to adjust in August, with average prices extending their downward trend for a third consecutive month. Property values declined by 1.7% in June, a further 4.5% in July, and another 2.8% in August.…

The Greater Toronto Area housing market is showing signs of recovery amidst high inventory and improved affordability. Home sales across the region saw their strongest results for the month of July since 2021, with 6,100 transactions — an annual increase…

Inventory remained the headline story in June, with the month finishing with 31,603 active listings — an 86% jump above the 10-year average for the month. Sales in the Greater Toronto Area remained relatively low, however, signs of stability are…

Active listings across the Greater Toronto Area (GTA) surpassed the 30,000 mark in May, for the first time in housing history. Total active listings finished the month at 30,964, marking a 13% monthly increase, a 42% yearly increase and a…

April home sales followed the regular seasonal trend with an increase relative to March. However, total residential transactions in the Greater Toronto Area (GTA) were down compared to the same time last year, as potential buyers continue to wait for…

The spring market is not off to a great start in the Toronto area, with March marking the lowest home sales for the month in more than two decades. This despite homeownership becoming more affordable, with borrowing costs and home…

Homebuyers continue to benefit from substantial choice and negotiating power in the Greater Toronto Area (GTA). Home sales were down 27.4% in February, compared to the same month last year, while listing inventory remained high — an astonishing 93% above…

The year started off with Greater Toronto Area (GTA) sales down by 7.9% and listings up by 48.6% compared to January 2024. The average selling price for all home types saw little change over the same time period, increasing slightly…

Despite a sluggish year, Toronto-area real estate prices ended 2024 just 1.6% lower than December 2023, with an average sale price of $1,067,186. Breaking sales prices down by segment, the average price of a detached home was $1,399,209, reflecting a…