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Market Update for August 11

Market Update for August 11 Real estate investors are exiting the market as new listings in Toronto trend up, and interest rates remain high, experts say. In July, new listings increased by 11.5 percent annually, and condominiums had the highest percentage rise in...

Market Update for August 4

Market Update for August 4 The Greater Toronto Area’s real estate market appears to be balancing out, with sales trending lower as new listings gained steam in July. The number of home sales that took place in July did still show growth compared to the same time...

Market Insight for July 28

Market Insight for July 28 A survey of market experts says the Bank of Canada will unlikely hike interest rates again for the remainder of the year, and is expected to start cutting rates next spring, according to a report of economists and market participants...

Market Insight for July 21

Market Insight for July 21 Rents for GTA condos continue to soar, hitting an average of about $2,800 a month in the second quarter of 2023, an almost 32 per cent rise over the last two years. And the spike in rents has been even higher for micro units under 400 square...

Market Insight for July 14

Market Insight for July 14 TRREB Releases 2023 Q2 Condo Market Statistics Market conditions in the condominium apartment segment tightened markedly in the second quarter of 2023. Sales were up strongly on a year-over-year basis, whereas the number of new listings was...