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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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February 2022 Real Estate Market Update

February home sales were down compared to the all-time record in 2021, but that didn’t reverse significant price gains made of late. On the contrary, the pace of price growth month-over-month continues to astound. The January to February average price…

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December 2021 Real Estate Market Update

December marked the end of a strong seller’s market year in the Greater Toronto Area (GTA), with demand consistently outstripping supply. Prices reached an all-time high average selling price of $1,095,475 — an increase of 17.8% compared to the previous…

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