Market Update
Following the broader movement to reopen the economy in June, we experienced a very positive result in terms of home sales and selling prices. Before the onset of COVID-19, there was a great deal of pent-up demand in the market. This pent-up demand arguably increased...
Market Update
While the public health and economic concerns surrounding COVID-19 continue to impact the housing market, the May sales result represented a marked improvement over April. TRREB released updated Ipsos consumer intentions polling results in May that indicated that 27...
Market Update
The market was surprisingly resilient in April inspite of the COVID19 threat. The year started strongly breaking last year’s sales records and that continued in April. Buyers dropped so did Sellers. Since real estate is a numbers game, the drop in buyers...
Market Update
Despite a strong increase in sales for March 2020 as a whole, there was a clear break in market activity between the pre-COVID-19 and post-COVID-19 periods. For the purposes of this release, the start of the post-COVID-19 period was the week beginning Sunday, March...
Market Update
Greater Toronto Area REALTORS® reported 7,256 residential transactions through TRREB’s MLS® System in February 2020, representing a 45.6 percent increase compared to a 10-year sales low in February 2019. However, February 2020 sales were still below the 2017 record...
Market Update
In the month of march – Uxbridge is the leading city with 23% increase year over year in price gain. Brock had the biggest drop in prices with 15% negative change year over year. Ajax and Whitby had positive growth and demand continues to be steep in these...
