Tag: buyers market

August 2022 GTA Toronto Housing Report stats.

August 2022 Market Report: GTA Home Sales & Prices Drop

Overview: a look at the August 2022 housing market numbers for Toronto and the GTA, with a focus on condos, rentals, and the impacts of the latest interest rate hike. The following headlines sum up the August 2022 housing market: Toronto Home Prices Drop 16% in Historic Five-Month Slump —Bloomberg Home prices and sales in August see month-over-month growth for…

June 2022 Housing Market Report for Toronto and GTA.

June 2022 Market Report: GTA Now A Buyer’s Market

Overview: a look at the June 2022 housing market numbers, Toronto’s transition into a buyer’s market, plus advice for buyers and sellers. That’s because, after years of waiting, Toronto has finally become a buyer’s market. In fact, the last time Toronto was in buyer’s market territory was in 2020, but that was short-lived as home sales and prices quickly broke…

Toronto skyline showing condos and streets.

The Future Of Toronto Real Estate Post COVID-19

Overview: a forecast of Toronto’s housing market post COVID-19, including home sales, prices, freehold properties, condos, the impact of vaccines, and more. As of May 1, 40% of Toronto adults have received their first dose of the COVID vaccine. That number is expected to accelerate, with the government setting a target to vaccinate everyone by this September—a mere 4 months…

Gooderham flatiron building; shows why people should buy a home now.

Why Now Is The Perfect Time To Buy A Home

Overview: a look at why the next few months are the perfect time to buy a home in Toronto and the GTA, including upcoming rule changes, market trends and the impact of COVID-19. What makes me so sure? Simple: they’ve gone up every month since 2018. That’s right—despite the first, second and now third wave of the pandemic, home prices…

Infographic of March 2021 housing market numbers for Toronto and GTA.

GTA Home Prices Hit Record High In March 2021

Overview: a look at the GTA and Toronto housing market’s record-breaking performance in March 2021, including sales, prices, trends, forecasts and more. Toronto home prices just hit a new all-time record —blogTO Average GTA home price sets new record, up almost 22% from last year —Daily Hive Toronto March home sales, prices blow past record set during the 2016 real…

Young couple holding picture frame with house.

Upsizing: Why Couples Are Picking Real Estate Over Weddings

Overview: a look at how COVID has inspired couples to invest their wedding budgets in real estate, whether it’s buying their first home or upsizing to something bigger in the city. Work, travel, school, recreation—COVID has turned every aspect of our lives upside down. Weddings are no exception. Many couples have had to cancel or postpone their big day because…

Chart of February 2021 housing market numbers for Toronto and GTA.

February 2021: Toronto’s Cold Winter & Hot Housing Market

Overview: an analysis of the February 2021 Toronto housing market, including sales, prices, competition, and the ongoing impacts of the COVID-19 pandemic and vaccine rollout. The short answer is no. In fact, despite stay-at-home orders and a brutally cold winter, Toronto’s housing market has been on fire. Sales, listing and average home prices are all up, while competition has been…

Toronto skyline showing 2021 Toronto condo market.

The 2021 Toronto Real Estate Market Forecast

Overview: a forecast of the 2021 Toronto condo market, including the impacts of vaccines, jobs, immigration, rental supply, the freehold market, price predictions and more. Before the pandemic, condo sales were strong, competition was fierce, and prices were soaring. Today, however, condos seem to have fallen out of favour. While freehold properties such as detached homes are seeing a boom…

Photo of syringe and covid 19 vaccines

The Impact of COVID Vaccines on Toronto Real Estate

Overview: a look at the potential impacts of COVID-19 vaccines on Toronto real estate, including buying, selling, renting and more. According to CTV News: Ontario is seeing almost a doubling of the rate of vaccines getting out of freezers and into arms… Just as the pandemic disrupted Toronto’s housing market, vaccines are set to do it once again. Buying, selling,…

Toronto skyline at night from Lake Ontario.

October 2020 Housing Market: GTA Shatters Records

Overview: a look at Toronto’s October 2020 Housing Market, including its transition to a buyers market, house vs condo sales, prices, the impacts of COVID-19, and more. Our last market report ended with the question: what does next month hold for Toronto’s housing market? We now have a definitive answer. According to the latest data, total sales, new listings, and…