Market Update
“In 2022, we saw one of the biggest single-year shifts on record in Canadian housing activity, from record highs last winter to just below the 10-year average to end the year,” said Jill Oudil, Chair of CREA. “That said, the market’s adjustment to higher rates may be...
Market Update
Now, more than ever, Real Estate activity is shaping with economic conditions, interest rates, population growth, and government policies. Some highlights of December 2022 real estate activity: December Stats 2021 2022 CHANGE Total Transactions 6,013 3,117 –...
Market Update
Some highlights of November 2022 realestate activity: November Stats 2021 2022 CHANGE Total Transactions 8,979 4,544 – 49.4% Average Selling Price $ 1,162,564 $ 1,079,395 – 7.2% Total new Listings 10,044 8,880 – 11.6% Following are the actual sales...
Market Update
Some highlights of October 2022 realestate activity: October Stats 2021 2022 CHANGE Total Transactions 9,743 4,961 – 49.1% Average Selling Price $ 1,155,6242 $ 1,089,428 – 5.7% Total new Listings 11,749 10,390 – 11.6% Home prices in the GTA have...
Market Update
Supply remains an issue despite impace of higher mortgage rates. Some highlights of September 2022 realestate activity: September Stats 2021 2022 CHANGE Total Transactions 9,010 5,038 – 44.1% Average Selling Price $ 1,086,762 $ 1,135,027 + 4.3% Total new...
Market Update
Some highlights of August 2022 realestate activity: August Stats 2021 2022 CHANGE Total Transactions 8,549 5,627 -34.2% Average Selling Price $ 1,070,201 $ 1,079,500 +0.9% Total new Listings 10,615 10,537 -0.7% Following are the August sales in Greater Toronto...
