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December 2019 Toronto Real Estate Market Report

Tuesday Jan 07th, 2020

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December 2019

Toronto Real Estate Board Reported December 2019 sales were up by 17.4 per cent year-over-year to 4,399 for GTA. Total sales for 2019 amounted to 87,825 up by 12.6 per cent compared to the decade low 78,015 sales reported in 2018. The number of new listings entered into TREB's MLS® System was down by 2.4 per cent year-over-year. The MLS® Home Price Index Composite Benchmark was up by 7.3 per cent on a year-over-year basis in December... [read more]

GTA Housing Sales Down 22.2% In May.

Tuesday Jun 05th, 2018

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Source: TREB. Better Dwelling. Greater Toronto Average Sale Prices Decline Over 6% TREB reported an average sale price of $805,320 in May, a 6.6% decline year over year. This is higher than the 12.37% seen the month before, but it is light years away from last year’s 14.9% gain. Not unlike median prices, average sale prices aren’t great for figuring out how much you’ll pay. They’re a better indication of dollar volume, upgrade flow, and who’s... [read more]

Double Digit Decline From Same Time Last Year

Thursday May 03rd, 2018

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Toronto Real Estate Board reported 7,792 transactions in April 2018 a 32.1% decline from the same time last year 2017 with 11,468 transactions were completed. Researchers believe April 2017 may have been the peak of the market as activity was soaring just before the new rules to cool the markets with vacant property taxes and non-resident speculation tax. Home prices declined much larger on a year-over-year basis. The average home fell by 12.4% from last year April to $804.584. Sales... [read more]

GTA home sales down 35% from February 2017

Tuesday Mar 06th, 2018

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Toronto Real Estate Board Reported the number of homes sold last month fell nearly 35% and the average selling price dropped 12% from the historically high levels set last year. The average selling price covering all types of residential sales was down 12.4% to $767,818 compared to last year and the number of transactions were also down to 5,175 compared to 7,955 sales in February 2017 down 34.9%. Toronto Real Estate Board showed the biggest drop was in detached homes in both the... [read more]

Market Stats For January 2018

Tuesday Feb 06th, 2018

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Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 4,019 residential transactions through TREB's MLS® System in January 2018. This result was down by 22 per cent compared to a record 5,155 sales reported in January 2017. The number of new listings entered into TREB's MLS® System amounted to 8,585  a 17.4% increase compared to 7,314 new listings entered in January 2017. However, it is important to note that the level of new listings... [read more]

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