Overview: a look at the May 2024 GTA housing data, including sales, prices and listings, plus the potential impacts of the June 5th interest rate cut on buyers and sellers. In our last Market Report, we made the following prediction: If the Bank of Canada (BoC) does cut rates, it…
Tag: home sales
GTA Home Prices Rise, Sales Fall & Listings Surge In March 2024
Overview: a look at how the GTA housing market performed in March 2024, a forecast of what’s to come, plus advice for buyers and sellers. Spring is a season of rebirth, and that’s what the GTA housing market experienced in March 2024. The first signs of this renewal were evident…
Canada’s Vacant Home Tax & Foreign Buyer Ban [Updated]
Overview: a look at Toronto’s Vacant Home Tax (VHT) and Canada’s Foreign Buyer Ban, plus their impact on home sales, prices, inventory and more. Two of the biggest include Toronto’s Vacant Home Tax (VHT) and The Prohibition on the Purchase of Residential Property by Non-Canadians Act. The goal of both…
2022-2023 GTA Housing Market Review & Forecast
Overview: a look back at the 2022 GTA housing market and predictions for 2023. Topics include home sales, prices, inventory, interest rates, inflation, mortgages and more. 2021 saw a buying frenzy due to record-low interest rates. 2022 saw a sharp drop in home sales and prices after multiple rate hikes….
GTA Home Sales & Prices Plunge In September 2022
Overview: a look at the September 2022 housing market numbers for Toronto and the GTA, including sales, prices and inventory. Plus insights on the condo market and immigration. Home sales, prices and listings were all down big in September, but there is a silver lining. It’s still a buyer’s market,…