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June 2020 Review As the economy slowly started to re-open in June following the lag of COVID-19, we began to see this positively impact the real estate market as a whole. While the year-over-year comparison of June 2019 to June 2020 shows a slight decrease of 1.4 per cent for total residential transactions reported by […]
May 2020 Review May 2020 saw a 53.7 percent decrease in year-over-year sales compared to May 2019, as reported by the Toronto Regional Real Estate Board (TRREB). On the listing side, the number of new listings reported on TRREB’s MLS System in May was down by 53.1 percent compared to 2019, with 9,104 new listings […]
April 2020 Review As the COVID-19 lockdown situation intensified during the month of April, the Real Estate market experienced a dramatic drop in both properties listed and properties sold when compared to April 2019. The Toronto Regional Real Estate Board (TRREB) reported a 67% decrease in the number of sold properties throughout April 2020 when […]
March 2020 Review Despite growing concerns about the COVID-19 situation, on the Toronto Regional Real Estate Board (TRREB) there was a 12.3 percent increase in the number of sold properties throughout March 2020, compared to March 2019. When examining March 2020 in greater detail we note that much of the transaction history was driven by […]
February 2020 Review The February 2020 Real Estate market was characterized by three defining factors: a notable increase in successful sales, a moderate increase in new listings available and an upwards climb in the average sale price of all homes recorded on the Toronto Regional Real Estate Board’s (TRREB) MLS. Across the GTA there has […]
January 2020 Review Comparing January 2020 to January 2019, we have seen the number of sold properties on the Toronto Regional Real Estate Board (TRREB) increase by 15.4%. TRREB also reported that the MLS HPI Composite Benchmark Price* in the GTA (includes all 416 and 905) increased by 8.7% in January 2020 compared to January 2019. This is […]
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