Market News Archive

The first six months of this year, new condo sales have outnumbered new house sales. According to RealNet Canada Inc., there were 1,764 new condos sold in the GTA in June. This brings it to a January-June total of 10,030 units. This means an increase…

Greater Toronto Realtors reported 8,442 sales through the Multiple Listing Service® (MLS®) in June. This represented a 23 per cent decrease compared to the record 10,955 sales reported in June 2009. Sales for the second quarter of 2010 amounted to 28,810 – up one per…

Toronto Real Estate Market Becoming More Balanced “Supply and demand has become more balanced in a number of major markets,” said CREA Chief Economist Gregory Klump. “Homebuyers now have more choice and are likely be in less of a rush to purchase than they were…

It’s been a very hot market the first few months of this year! Not a lot of sellers and a lot of buyers with low interest pre-approvals. Numerous multiple offers made sure times were tough for buyers. We started the year with about 11,000 listings…