GTA REALTORS® Release July 2022 Stats

Thursday Aug 4th, 2022

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market watch report toronto real estate board

There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 – down by 47 per cent compared to July 2021. Following the regular seasonal trend, sales were also down compared to June. New listings also declined on a year-over-year basis in July, albeit down by a more moderate four per cent. The expectation is that the trend for new listings will continue to follow the trend for sales, as we move through the second half of 2022 and... [read more]

GTA REALTORS® Release June 2022 Stats

Wednesday Jul 6th, 2022

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July real estate market watch report georgina ontario

TORONTO, ONTARIO, July 6, 2022 – Higher borrowing costs continued to impact home sales in June 2022. Sales totaled 6,474 – down by 41 per cent compared to last year’s strong result. The number of transactions was also down compared to May 2022, but this is often the case due to the seasonal nature of the market. The average selling price, at $1,146,254, remained 5.3 per cent above the June 2021 level, but continued to trend lower on a monthly basis. The MLS® Home Price... [read more]

GTA REALTORS® Release May 2022 Stats

Friday Jun 3rd, 2022

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real estate market georgina ontario

Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly and annual basis. Conversely, active listings at the end of May were up on a month-over-month and year-over-year basis. More balanced market conditions have provided buyers with more negotiating power. As a result, while benchmark and average home prices were up substantially compared to last year, selling prices trended... [read more]

GTA REALTORS® Release March 2022 Stats

Thursday Apr 7th, 2022

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trreb market watch

There were almost 11,000 Greater Toronto Area (GTA) home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace of price growth, with an average selling price of $1.3 million. The average selling price dipped slightly month-over-month, bucking the regular seasonal trend. “Now is the time for governments to govern and focus on measures that are proven to increase... [read more]

GTA REALTORS® Release February 2022 Stats

Thursday Mar 3rd, 2022

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market report TRREB february 2022 georgina ontario real estate

February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history. New listings dropped, but by a marginally lesser annual rate than sales, pointing to a modest move to a slightly more balanced market. Competition between buyers, however, remained tight enough to support double-digit price growth year-over-year. Greater Toronto Area (GTA) REALTORS® reported 9,097 sales through the Toronto Regional Real... [read more]

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