Sotheby’s Top-Tier Real Estate Report 2018

Sotheby’s International Realty Canada’s Top-Tier Real Estate Report is a bi-annual study highlighting market trends for the most expensive homes in Canada’s largest urban centres. It is the only Canadian report to provide commentary on high-end real estate by comparing data for residential properties with values over $1 million. This report reveals the impact of …

Toronto June 2018 Market Report: Toronto Market Finally Normalizing

This June, just as we welcomed Garry Bhaura as the new Toronto Real Estate Board president, TREB could also report some happier news. After many buyers and sellers hesitated to enter the market with new mortgage stress test being implemented and other government policies regulating the market, we finally found a balance. Sales are picking …

Toronto March 2018 Market Report + Q1 Statistics

TREB reported 7,228 residential transactions through TREB’s MLS® System in March 2018. This result is indeed a 39.5 per cent compared to a record 11,954 sales reported in March 2017, but it’s really hard to compare data with a year that was considered record breaking. The truth is, in a year-over-year comparison, sales are down for …

Toronto February 2018 Market Report: Follow the Trend Lines

February 2018 happened to be a very turbulent month for our market. With 5,175 residential transactions reported through TREB’s MLS® System, the sales were down 34.9 per cent compared to the record 7,955 sales reported in February 2017. Indeed, this time last year, Toronto was experiencing a golden era of the seller’s market, where homes …

Toronto January 2018 Market Report: Headlines are Not Everything

Unless you’ve been living under a rock these past days, you probably noticed that the market started changing with the beginning of new year. GTA REALTORS® are reporting lower numbers of sales. There were exactly 4,019 residential transactions in January 2018, which is 22.0 per cent lower than in January 2017. The lowest number of …

Toronto December 2017 Market Report and Predictions for 2018

This past year could be described as the year of the condo. Condominium segment thrived as all the other segments experienced a roller coaster ride in 2017.  When we first entered the year with record sales and prices rapidly growing, everybody was in nervous anticipation of new government policies that were to bring some cooling …