Home sales have continued to remain strong in the month of October.  We have seen sales dip a little from September but sales continue to be very strong in comparison to 2019.  We had another record month of homes sales in October.   In October 2020 there were 10,563 sales in the Greater Toronto Area compared to 8,445 in October 2019 sales were up 25.1% compar...Read More

  September was another record month in the Greater Toronto Area’s housing market.  We had 11,083 sales which are up 42.3% in comparison to September 2019.  Following record sales in the third quarter of 2020 and for the first 9 months of 2020 sales are approximately 1% higher compared to the same time period in 2019.        &...Read More

  In a short period of time the COVID-19 pandemic crashed the global economy and for many dramatically altered lives.  When we entered 2020 no one could have ever imagined a virus outbreak that would close down the global economy and disrupt how everyone across the world lives their lives.    However, the Canadian red-hot real estate market appears to have bounced back really ...Read More

  The Greater Toronto Area real estate market has clearly been impacted by COVID-19.  However, real estate has been identified as an essential service, and Realtors have continued to work with clients that absolutely have to move.  Realtors are taking the necessary precautions to keep everyone safe by wearing gloves and masks and ensuring that clients viewing homes are healthy.&nbs...Read More

  The Greater Toronto Area real estate market has clearly been impacted by COVID-19.  However, real estate has been identified as an essential service, and Realtors continued to work with clients that absolutely had to move.  In the month of April, we have definitely seen a significant drop in sales volumes and listing volumes. In April we have seen sales volumes drop by 67% in ...Read More

  The housing market conditions in the York area continue to tighten up throughout 2019. In the month of October demand for housing continues to creep up with a drop in the number of properties for sale in comparison to October 2018.  SALES PRICES RISE In the month of October, we saw a decrease of 19.2% in new sales listings in comparison to October 2018  The tighter market con...Read More

  We saw a recovery in real estate sales activity in 2019, particularly in the second half of the year. Many home buyers who were waiting to see what was going to happen to the housing market after the introduction of the new mortgage stress test 2 years ago decided to not hold off further.  Buyer confidence in the real estate market has bounced back in the last six months of 2019 wh...Read More

  The hot Greater Toronto Area real estate market is continuing to heat up.  We started 2020 where we left of in 2019, with demand for housing outstripping the number of new and available home listings.  Increased demand has resulted in increases in the average sale price in comparison to a year ago. The volume of sales is up by 15.4% in January 2020 compared to January 2019. ...Read More

  We have seen a very hot housing market in the month of February.  Homes listed under $1M are quite often selling in bidding wars and often selling for over asking.  The shortage of listings and a dramatic spike in demand for the home is placing significant pressure on home prices in the Greater Toronto Area.   The recent softening of the mortgage stress test scheduled t...Read More

The Greater Toronto Area real estate market had total homes sales of 8,012 through the month of March and this reflects a 12.3% increase in comparison to March 2019.       However, despite the overall increase in sales volumes for March 2020 as a whole, there was a clear slowdown in market activity after March 15th.  The COVID-19 did not truly impact the Greater Toron...Read More