Market Continues to Roar On

Market Continues to Roar On

The exceptionally strong start to the year from a volume perspective validates recent upbeat consumer survey results which pointed to robust buying intentions. However, despite the major uptick in volume, March 2016 sales fell just a whisker short of establishing a...
Market Continues to Roar On

Double Digit Volume and Price Growth

The average selling price in February was $685,278 – up by an eye-catching 14.9% versus the $596,320 average price in February 2015. All key housing types recorded double-digit price advances: detached homes (+16.1%), semi-detached homes (+16.1%), townhomes...
Market Continues to Roar On

2016 Off to a Solid Start

Resale inventory of homes remains very weak in historical terms (9,966 active listings at January month-end, down by 14.1% versus last year’s total of 11,600 active listings)....
Market Continues to Roar On

Record TREB® Home Sales in 2015

A relatively strong local economy in the GTA coupled with ultra low borrowing costs were the major factors behind the exceptional volume performance. If the market had benefited from more listings, the 2015 sales total would have been even greater. That said, it is...
Market Continues to Roar On

Double Digit Market Growth Continues

All key housing types recorded strong double digit volume advances in November, as per the following: detached homes (+13.3%), semi-detached homes (+18.3%), townhouses (+14.6%) and condo apartments (+16.0%). These results unequivocally suggest that the demand for home...
Market Continues to Roar On

Fall Resale Market Remains Brisk

Sales results continue to underscore the fact that many GTA households remain upbeat about home ownership as a high quality, long-term investment. With just two months left in the year, it is clear that we will see an annual record for home sales in 2015, far...
Irene Love