Overview: a look at the May 2022 GTA housing market, its shift towards more balanced conditions, and why now is the perfect time to buy a home. This recent headline from The Star sums it up clearly: GTA home prices drop $121K from February peak as rising rates gut sales…
Tag: TRREB
GTA Housing Market Shows Signs of Cooling in March 2022
Overview: a look at the March 2022 GTA housing market, with insights on sales, prices, and inventory, plus advice for buying and selling. March was a remarkable month for Toronto real estate, with average home prices setting yet another record. The month also saw the first interest rate hike in…
February 2022 GTA Housing Market: Sales Dip, Prices Rip
Overview: a look at the February 2022 GTA housing market numbers, with insights on sales, prices, inventory, interest rates & new Shared Equity Program. Like the last few months, February saw falling sales, rising prices and lacklustre listings. However, there are also major changes on the horizon. For instance, interest…
Record Finish: GTA Home Prices Jump 24.2% In December
Overview: a look at the record-breaking December 2021 GTA housing market numbers, predictions for 2022, and advice for buying and selling in the new year. Despite freezing temperatures, a new variant and ongoing health restrictions, the December 2021 housing market once again broke records. While 2021 was a great year…
2021-2022 GTA Housing Market Review & Forecast
Overview: a year-end review of Toronto real estate and predictions for the 2022 GTA housing market. COVID continued to disrupt our jobs, lives, travel plans and the housing market. However, there were some positive developments, such as the accelerated vaccine rollout starting mid-April. As a result, schools, businesses and borders…