Toronto Real Estate News

Toronto real estate news. Market updates, MLS statistics, financial indicators and economic predictions by Jamie Sarner and his team

Shorter, but stronger February in Toronto’s Real Estate Market

Shorter, but stronger February in Toronto’s Real Estate Market

Pink Vertigo by Michael Muraz

Despite February 2016 being a leap year with one more day for successful closes on sales, 2017 scored 5.7 per cent more sales. Even one day short, Toronto real estate market activity didn't slow down. TREB REALTORS reported 8,014 sales through TREB’s MLS System, which is 431 sales more than …

8 Toronto Condos Developments We’re Looking Forward to This Year

8 Toronto Condos Developments We’re Looking Forward to This Year

Toronto and its people are always on the move. So the need for modern, walkable and distinctly designed homes are always on the top of homebuyers' minds, whether they're a student, a young professional, or today's urban family. We've compiled a list of 8 of the hottest condominium projects with occupancy taking place this year. …

New Year, Same Old Issue on Real Estate Front this January

New Year, Same Old Issue on Real Estate Front this January

Toronto at Night by Raphaël Duperret

New year picked up where the old one left off: The number of sales is increasing and listings are receding, making the price growth a difficult issue. Greater Toronto Area REALTORS® reported 5,188 residential transactions through TREB's MLS®  System in January 2017. That means 11.8 per cent compared rise …

Is Toronto Facing a Shortage of Family Friendly Condos?

Is Toronto Facing a Shortage of Family Friendly Condos?

For generations the image of the Canadian dream has been well defined: children playing in a lush suburban backyard as their parents arrive home from their jobs in the city. But that dream is changing.

More and more young families are choosing to live in the city rather than the surrounding areas. And with housing …

2016 was Record Breaking Year for Toronto Real Estate

2016 was Record Breaking Year for Toronto Real Estate

Skywalk sunset by Tyler Law  

2016 was a very successful sales year for the Toronto real estate market. As TREB President Larry Cerqua announced, it was a second consecutive year for home sales breaking record numbers. GTA REALTORS reported 113,133 home sales through TREB’s MLS System in 2015, including 5,338 sales in December. Compared to 2015, …

Top 20 Canadian Real Estate Blogs in 2016

Top 20 Canadian Real Estate Blogs in 2016

With the heart- and record- breaking year almost over it is high time to update our annual list of favourite real estate blogs. Agents and teams had a lot of work these past 12 months as the market grew. Surging home prices and plummeting number of listings caused both distress and enthusiasm. What is more, …

Strong price growth recorded in Toronto

Strong price growth recorded in Toronto

Downtown Toronto by Marco Bellucci

In November 2016 Toronto experienced strong sales as well as price growth. The alarming lack of listings was present through the entirety of 2016 and resulted in prices rising as much as 22.7 percent in year-over-year comparison. The average price in GTA was $776,684 for all home types. Toronto Real …

Sales Up in October

Sales Up in October

Photo by Rod Brazier

Toronto Real Estate Board has released the real estate market statistics for October 2016. According to the report, sales were up by 11.5 per cent year-over-year, with 9,768 transactions recorded through Toronto Real Estate Board MLS® System. The largest annual rate of sales growth – 22.2 per cent – was recorded …