Toronto area home sales declined to 10-year low in 2018 and number of listings down. Home sales in Toronto and the surrounding GTA area fell to a 10-year low in 2018, as the number of new listings coming to the market declined and home buyers and sellers faced with a new reality of higher interest rates […]
GTA market
Toronto Real Estate Home sales in Toronto down in November, 2018 and up in sale prices
Toronto Real Estate Home sales in Toronto down in November, 2018 and up in sale prices Toronto remains a seller’s market after home sales across the Greater Toronto Area (GTA) dropped nearly 15% this November, 2018, compared to a year ago. According to the Toronto Real Estate Board (TREB), there were 6,251 residential transactions recorded through its system […]
Toronto Real Estate Home sales in Toronto up in October, 2018 with increase in sale prices
Toronto Real Estate Home sales in Toronto up in October, 2018 with increase in sale prices November 5, 2018 – TREB October, 2018 Resale Market Watch Report Released. Toronto Real Estate Board President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB’s MLS® System in October 2018. […]
Foreign buyers account for only 5 per cent of Toronto home sales in 2016
Don’t blame overseas investors for the prices of housing in the Toronto area, says the Toronto Real Estate Board (TREB). The board has announced the result of a new research indicating fewer than 5 per cent of the sales of the 113,133 residential real estate transactions in the Toronto region in 2016 involved foreign buyers. More […]
Toronto condo buyers face the market squeeze
One of the interesting surprises of the resale marketplace in 2016 in the Greater Toronto Area was the strength of the condo market. The lack of listings in the single-family home category persuaded many potential purchasers to take another look at high-rise living. The trend appears to be continuing in 2017. In 2016, sales […]