See what the average home price in Canada will be in 2020 Image

See what the average home price in Canada will be in 2020

​​​​​​​As we approach the beginning of a new decade, it’s fair to say that 2019 was a year of recovery for Canada’s resale housing market. Now let’s take a look at what 2020 may hold.

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The monthly report based on MLS systems across the country found that activity increased 0.6% month-to-month, making November the ninth straight monthly gain, with 20% more sales than the six-year low hit in February 2019.
Average rent for a 1-bedroom condo unit in the GTA nearly $2,000 Image

Average rent for a 1-bedroom condo unit in the GTA nearly $2,000

The Toronto Real Estate Board (TREB) released its resale and rental condo reports for the first quarter of 2018, announcing a notable increase in average selling price in the Greater Toronto Area (GTA).

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Average selling price of a resale condo unit surpasses $560,000 Image

Average selling price of a resale condo unit surpasses $560,000

The Toronto Real Estate Board (TREB) released its resale housing market figures for May 2018, as well as the results of a recent Ipsos poll on the importance of housing in the upcoming Ontario election.

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Average price for a new home in the GTA hits record high Image

Average price for a new home in the GTA hits record high

The Building Industry and Land Development Association (BILD) just released its GTA new home market figures for September 2015, announcing record high prices for the low-rise and high-rise markets. The new low-rise market saw an 18% year-over-year

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Average selling price up despite big drop in sales Image

Average selling price up despite big drop in sales

The Toronto Real Estate Board (TREB) just released its monthly resale housing market report for August 2017, announcing another month of low sales reported through the MLS.There were 6,357 home sales in the Greater Toronto Area (GTA) last month, which is

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Average rent hits record high as vacancy rate improves Image

Average rent hits record high as vacancy rate improves

Though there was a slight increase in rental supply in the second quarter of 2019, it doesn’t mean rent got more affordable for tenants in the Greater Toronto Area.

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The average selling price of a detached home in the GTA remains over $1 million Image

The average selling price of a detached home in the GTA remains over $1 million

The Toronto Real Estate Board (TREB) just released its resale housing figures for November 2016, reporting significant sales growth across the Greater Toronto Area (GTA) for all home types. There were 8,547 sales reported through the MLS last month,

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Average Price for New Low-Rise Hits Record High Image

Average Price for New Low-Rise Hits Record High

The Building Industry and Land Development Association (BILD) recently announced that as of September 30, 2014, new home sales in the Greater Toronto Area (GTA) are performing better than average!According to BILD’s official source for new market

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The average price of a new condo in Toronto could surpass $1,600 psf in five years Image

The average price of a new condo in Toronto could surpass $1,600 psf in five years

As we approach the end of 2019, we reached out to real estate consultant and analyst, Ben Myers, President of Bullpen Research & Consulting Inc., to get a clear picture of the state of the Greater Toronto Area’s housing market

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