Home prices on average remain steady in spite of an April year-over-year drop in sales of 67% according to the Toronto Regional Real Estate Board. Across the entire geographic area covered by the Toronto Regional Real Estate Board, the average price moved up 0.1%. The COVID-19 pandemic also resulted in a 64.1% drop of new […]

The Toronto Regional Real Estate Board recently released mid-month sales figures — a practice they have not done for several years. What’s the significance of this? ‘Real time’ market data has become in high demand as buyers and sellers and real estate agents try to make sense of the market amid the COVID-19 pandemic. Sure, […]

Over the past seven days (March 21 to March 27), the number of sales reported on the Toronto Regional Real Estate Board have been down. But that’s okay. Real estate professionals are taking safety measures to prevent the spread of COVID-19. Home sellers who are cautious about buyers looking around their homes are rejecting showing […]

With two months into the 2020 real estate market, home sales have set a new record price for February historical sales. The average home price in February 2020 was $910,290 which is an increase of 16.7% over February 2019. February sales leaped 45.6% amounting to 7,256 — a significant increase over 2019. What’s interesting about […]

Yesterday the Toronto Regional Real Estate Board conducted its annual market outlook meeting. Right away I want to share two figures they’ve forecasted — and I’m going to explain to you why 2020 could be a record breaking year for real estate. The board’s forecast for 2020’s average sale price is $900,000. This is significant […]