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July Toronto Real Estate News
Market News

Toronto Market Update | July 2020

Could it be the biggest and hottest summer that the market has seen?

With 11,081 sales recorded on TREB July broke records with a 29.5% increase over July 2019. Seasonally adjusted, sales were up by 49.5% compared to last month and driven primarily by low-rise homes.

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June Toronto Real Estate News
Market News

Toronto Market Update | June 2020

June reached an all-time high with average residential sale prices rising by 11.9%, up to $930,869, compared to June 2019. Seasonally adjusted sales were up by an incredible 83.8%.

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Bar Neon Bloordale patio
Local

Looking Back, Moving Forward

As June draws to a close and the city enters into Phase 2 of the COVID-19 recovery plan, it’s a perfect moment to look back at last month’s market performance and look forward to the reopening of local restaurants and bar patios. While we’re still in the early stages of recovery, there’s optimism and growing confidence – all great signs as we head into the summer months.

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May Toronto Real Estate News
Market News

Toronto Market Update | May 2020

May’s market conditions trended towards being balanced based on the year over year average price growth. Despite a decrease of -53.1% in new residential listings, 9,104 properties were listed for sale. Sales activity was down -53.7% year over year with 4,606 sales recorded, though seasonally

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Local

The Takeaway

Before you head out on your next grocery run, skip the supermarket line and try out one of these amazing local restaurants that have pivoted from dining room service to offering groceries and household essentials. And you’ll feel good about supporting a small business!

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April Toronto Real Estate News
Market News

Toronto Market Update | April 2020

In April, there were 6,174 properties listed, a decrease of -64.1% compared to April 2019. Residential transactions were down by -67% year over year, with 2,975 sales recorded. And the average selling price was $821,392, up by a nominal 0.1% year over year.

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