by Jeff Belisowski | Dec 14, 2022 | Market Statistics, Uncategorized
Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period last year, following the trend that unfolded since the commencement of interest rate...
by Jeff Belisowski | Nov 8, 2022 | Market Statistics
Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Greater Toronto Area (GTA) found some support near $1.1 million since the late summer. GTA home sales continued to adjust to substantially higher...
by Jeff Belisowski | Oct 11, 2022 | Market Statistics
The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44.1 per cent compared to September 2021. New listings were also down on a year-over-year basis by...
by Jeff Belisowski | Sep 12, 2022 | Market Statistics
There were 5,627 home sales reported through the Toronto Regional Real Estate Board’s (TRREB) MLS® System in August 2022, representing a year-over-year dip of 34.2 per cent – a lesser annual rate of decline compared to the previous four months. The August...
by Jeff Belisowski | Jul 7, 2022 | Market Statistics
As released by GTA REALTORS, here is a summary of June 2022 Market Stats. Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 3 down by 41 per cent compared to last year9s strong result. The number of transactions was also down...
by Jeff Belisowski | Apr 12, 2022 | Market Statistics
There were almost 11,000 Greater Toronto Area (GTA) home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace of price growth, with an average...
