GTA home sales went down 40% in March, 2018, and the average price also declined by 14 per cent, according to the latest Toronto Real Estate Board report. TREB reported 7,228 residential transactions in March, 2018 in the GTA, a large decrease from the record 11,954 sales reported in March 2017. The monthly […]
Toronto Real Estate Market
How much you need to earn to pay for a home in Toronto
Looking at the Toronto housing market through an analytical lens of percentages, shifting sales numbers and interest rates may be the go-to method for industry insiders, but for many average customers, there’s really one thing that matters: “What can I buy?” To help answer that question, let’s calculate what level of family income you […]
Toronto Detached Home Prices Down $200,000 From June, 2017
Toronto’s detached home is having another rough month. Numbers from the Toronto Real Estate Board( TREB) has been demonstrated that purchaser indecision and substantial downward pressure to the detached home segment in July, 2017. Generally speaking, detached homes across TREB market area demonstrated lower prices, less sales, and more inventory. Prices Down Up […]
Toronto home sales drop, new listings decrease as sellers retreat in July, 2017
Home prices continued to fall across the Toronto region in July, 2017 as purchasers stay on the sidelines, but the tempo of growth of new listings also continued to slow as more sellers decided to wait for a better time to sell. The Toronto Real Estate Board reported the average sale price of all […]
Toronto home prices continue falling for third month in a row in July, 2017
Toronto Real Estate Board( TREB) reports a third consecutive month-to-month drop in home prices in the Toronto region in July, 2017. Although the average price for all types of homes was still 5 per cent higher time over time, it was down about 6 per cent from June to $746,216. The number of […]