The average selling price of a condo unit in the GTA is $415,326
The Toronto Real Estate Board (TREB) released its second quarter (Q2-2016) condo market figures for sales in the Greater Toronto Area (GTA), announcing that it’s a seller’s market. Between April and the end of June, there were 8,965 condo sales reported
New single-family home sales soar 136%, but activity remains below long-term average
The Building Industry and Land Development Association's monthly new home report announced there were 566 new single-family home sales in July 2019, which is a 136% year-over-year increase, according to Altus Group.
Average rent in Toronto expected to jump 7% to nearly $2,800 in 2020
The Greater Toronto Area’s rental market is struggling with a lack of supply and increasing rent. Looking ahead to 2020, it looks like the affordability struggles will continue.
Average price of a detached home in Toronto nears $1.3 million
The Toronto Real Estate Board (TREB) released its monthly resale housing figures for April 2016, announcing record high sales and aggressive price growth. There were 12,085 home sales reported through the MLS last month, which is 7.4% higher than the
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
Toronto Real Estate Board reveals total home sales and average price for 2018
The Toronto Real Estate Board released its resale market results for December 2018, as well as a few stats about 2018 as a whole. Overall, we can’t say we’re surprised by the numbers.
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.
How Much Money Did the Average Canadian Household Save in 2013?
Recently, Bank of Montreal (BMO) released its second annual BMO Household Savings Report. Based on the polling of 1,002 Canadians conducted by Pollara, BMO highlights the average savings of Canadian households in 2013, how much we plan to save in 2014,
Average price of a new condo in the Greater Toronto Area surpasses $800,000
The Building Industry and Land Development Association released its new home sales figures for January 2019, reporting that the Greater Toronto Area’s new home market is off to a good start this year!
National average home price expected to increase 1.4% in 2016
Trimart Research Corporation has released its final report of the year, announcing that new low-rise home sales have exceeded their annual forecast with over 23,000 sales across the Total Market Area (TMA). The Greater Toronto Area (part of the TMA)