Now that fall is here the real estate market is sending us puzzling signs. The GTA benchmark house price has continued to rise; however, condo prices are beginning to drop, and the market is running into strong headwinds. Homebuyers were sidelined March through May,...

Condominium prices, rents, and sales have taken a substantial hit from COVID-19, much more so than other housing types, leading many to wonder if condos will recover from the pandemic. For the moment, the news isn’t good. For example, second-quarter condominium sales...

Canadian real estate prices are growing at a breakneck speed. More homes were sold in July than any other month on record, with data going back more than 40 years. The performance of the housing market during this pandemic recession has been a big surprise. The price...

The real estate market remains hot! July was a record-breaking month for real estate as the GTA reported 11,081 sales - a 29.5% increase over July 2019 and a new record for the month of July. It’s hard to believe we are in a pandemic and the numbers for July are...

Toronto new condo sales fell to their lowest level as developers stopped launching projects when Covid shuttered the economy and slowed home building. There were only 1,385 new condo sales in April, May and June, the weakest activity since 2009 when the U.S. housing...

The Ontario government has lifted the ban on public open houses effective today in regions entering Stage 3 and Toronto is expected to follow suit by the end of the month. But is this such a good idea? Will sellers allow them? And will buyers attend? And what about...

Toronto home sales rebounded in June, with the average selling price up 12% from the same month last year to $1,022,138. (first time we have surpassed $1 million) For the GTA region, the average price of a home hit $930,869 also up 12%. Competition is heating up again...