October 2021 Market Report

October 2021 Review The real estate market continues to be a hot topic of conversation post Canada’s 2021 election. One thing that has not changed post-election is the behaviour of buyers looking to secure ownership of real estate. When reviewing October 2021 statistics noted below regarding number of transactions and average sale price, we see […]

September 2021 Market Report

September 2021 Review Number of Transactions The number of transactions in September 2021 increased relative to August 2021.  Toronto Regional Real Estate Board (TRREB) reports September 2021 as the third-highest number of transactions record for September with 9,046 total transactions.  This is however lower by 18% when compared to September 2020’s record of 11,033 transactions. […]

August 2021 Market Review

August 2021 Review Footnote: Source of statistical data is from the August 2021 Market Watch report of the Toronto Region Real Estate Board (TRREB) MLS. Monthly Percentage Change in Number of Units Sold –August 2021 – Illustration A Month-Over-Month Average Price Percentage Change – August 2021 – Illustration B Seasonally Adjusted Month-Over-Month Average Price Percentage […]

July 2021 Market Review

July 2021 Review Number of Transactions In July 2021 the number of transactions were down by 2% compared to June 2021 on a seasonally adjusted basis; however, property prices remain strong and this shows that there is continued demand for home ownership. The Toronto Regional Real Estate Board (TRREB) notes that transactions in July 2021 […]

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 […]