Record Start to Fall Resale Market

Record Start to Fall Resale Market

Barring a drastic shift in the economy over the next three months, total transactions will be at or very near the 100,000 mark for 2015. To put that number in some perspective, the current record annual number of transactions is 93,193 which was set back in 2007....
Record Start to Fall Resale Market

Double Digit Price Growth Continues

On a year-to-date basis (January thru August), total resale volume is up by a whopping 10.9% to 72,512 units. Even with four months remaining in the year, it is a virtual certainty at this point that 2015 will see an all-time sales volume record for the GTA....
Record Start to Fall Resale Market

Record Setting Market Continues

The double-digit growth in condo resales is particularly noteworthy given the number of pundits who have suggested a vulnerability in that segment due to perceived oversupply. Overall the market continues to be well on its way toward setting an all-time sales volume...
Record Start to Fall Resale Market

Record Sales Pace Continues

On a year to date basis (January through June) sales volume is now up by a substantial 12.3% versus last year. Given the current pace of sales, 2015 appears to be well on its way to setting an all-time sales record for the GTA. Ultra low borrowing and a stable economy...
Record Start to Fall Resale Market

Spring Market Still Setting Records

Despite a continued weak inventory situation, the TorontoMLS® system achieved record sales for the month of May. A total of 11,706 transactions occurred in May, up by a solid 6.3% versus the 11,013 units sold in May 2014 (which was the previous record total for the...
Record Start to Fall Resale Market

Double Digit Market Growth Continues

Home ownership is clearly being viewed as a high quality, long-term investment by both fi rst-time buyers and existing homeowners, both of whom were very active in the April market. Our current ultra low interest rates are also clearly going a long way to mitigate the...
Irene Love