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Market Insight for February 7

Market Insight for February 7 Toronto home sales jumped 10 per cent in January as buyers responded to lower mortgage rates, but the local real estate board cautioned that potential trade disruptions could slow down the housing market’s momentum. Despite this, the...

Market Insight for January 31

Market Insight for January 31 Two years ago, the federal government implemented a ban on foreign ownership, preventing non-Canadians from purchasing residential property across the country. Originally framed as a short-term measure to help “cool down” an overheated...

Market Insight for January 17

Market Insight for January 17 Preconstruction condo prices fell 15% in the Toronto region in the final quarter of 2024, as sales plunged to their lowest level in nearly three decades and a glut of unsold units hit a record high. It was the worst year since the late...

Market Insight for January 10

Market Insight for January 10 Is the Greater Toronto Area real estate market entering a promising phase with lower borrowing costs and renewed investor interest driving activity? Surprisingly, the market showed signs of life in November, with sales activity picking up...

Market Insight for December 6

Market Insight for December 6 Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. This meant that market conditions...