by The Baldwin England Team | Sep 13, 2024 | Market Updates
Market Insight for September 13 Real estate analysts in the Greater Toronto Area (GTA) say the combination of elevated interest rates and an increase in newly completed condo units has resulted in an oversupply, which will take time to correct. A report by Rishi...
by The Baldwin England Team | Aug 30, 2024 | Market Updates
Market Insight for August 30 Toronto area new home sales continue to drop and hit an all-time low in July. Sales of newly built homes continue to decline, with July hitting an unprecedented low for the month. The number of new project releases has been minimal, and...
by The Baldwin England Team | Aug 9, 2024 | Market Updates
Market Insight for August 9 Greater Toronto Area (GTA) home sales in July 2024 were up compared to July 2023. While sales were up from last year, buyers continued to benefit from more choice in the GTA marketplace, with annual growth in new listings outstripping that...
by The Baldwin England Team | Aug 2, 2024 | Market Updates
Market Insight for August 2 Toronto’s housing market offered a rare moment of relief for renters, as average rents dropped for the first time in three years. According to Urbanation Inc., a real estate consulting and market research firm, average condo rents were down...
by The Baldwin England Team | Jul 12, 2024 | Market Updates
Market Insight for July 12 The average Canadian rents drop in June and Toronto rents hit new lows. Despite the typical trend of rent prices rising in the summer, those in Toronto and across Canada dipped in June compared to the month before, according to a report...
by The Baldwin England Team | Jul 5, 2024 | Market Updates
Market Insight for July 5 June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month last year, according to the Toronto Regional Real Estate Board (TRREB). Despite the Bank of Canada rate cut at the beginning of last month, many...
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