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May 2024 Real Estate Market Update

Like April, May home sales were slower than average, especially in comparison to last spring’s short-lived pick-up in market activity. Just over 7,000 homes traded hands in May, down 21.7% or nearly 1,950 transactions from May 2023. With new listings…

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May 2023 Real Estate Market Update

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…

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May 2020 Real Estate Market Update

Home prices are holding firm amid the COVID-19 pandemic, according to recent numbers released by the Toronto Regional Real Estate Board (TRREB). Prices in May regained the drop experienced in April, increasing year-over-year by 3% to $863,599 from $838,248. They…

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