June 2021 Market Review

June 2021 Review Many news outlets have drawn attention to the fact that the number of transactions on the Toronto Regional Real Estate Board (TRREB) decreased from May 2021 to June 2021 by 7.07%.  This may be a function of buyer exacerbation, caution given the prior aggressive price increases in the market and the introduction […]

May 2021 Market Review

May 2021 Review Market activity has continued to slow down in May 2021 compared to April 2021. The Toronto Regional Real Estate Board (TRREB) reported 11,951 sales in May 2021, an increase of 160.1%  in output from May 2020. May has historically been the month with the strongest sales of any given year, however May 2021 […]

April 2021 Market Review

April 2021 Review Market activity began to slow down in April 2021 compared to March 2021. The Toronto Regional Real Estate Board (TRREB) reported April 2021 number of transactions dropped 12.7% compared to the number of transactions in March 2021, however, the number of transactions was triple that of April 2020; an increase of 362.1%.  […]

March 2021 Market Review

March 2021 Review Home sales continue to rise in March 2021 as purchasers took advantage of low borrowing costs. The Toronto Regional Real Estate Board (TRREB) reported March 2021 number of transactions nearly doubled the total transactions from March 2020 with an overall increase of 97%. It is important to note that the number of […]

February 2021 Market Review

February 2021 Review The month of February continued with the same momentum as the previous month, and record sales were achieved in Toronto and Greater Toronto Area. Compared to February 2020, the sales results for February 2021 as reported by the Toronto Regional Real Estate Board (TRREB) showed the following increases in the 416 area: […]

January 2021 Market Review

January 2021 Review In January 2021, home sales were up by more than 50% across all major segments including condominium apartments.  The results for the GTA as reported by the Toronto Regional Real Estate Board (TRREB) showed a 52.4% increase in the number of sold properties relative to January 2020. Increasing Sale Prices  On TRREB, […]