Jun 6, 2022 | Covid-19, Life and Times, Market Update
Hi! Andrea Bertucci here with our Real Estate Market insights.Housing market conditions have indeed continued to evolve throughout May. Sales were down, and active listings were up. GTA realtors reported just over 7,000 sales in May 2022, down 38% from May 2021....
May 20, 2022 | Life and Times, Market Update
As you likely already know, interest rates have been on an upward trajectory since January, and we’re starting to see the intended effect on overall inflation and the real estate market. The Federal Government’s objective is to bring the inflation rate to...
Apr 6, 2022 | Market Update
TORONTO, ONTARIO, April 5, 2022 – There were almost 11,000 Greater Toronto Area (GTA) homesales 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...
Nov 8, 2021 | Market Update
Did you ever think you’d live to see the day when the average price of a detached home in Toronto hit almost $1.8 million?That’s a 21% jump from last year alone. New listings in October were down 34% overall in with would-be sellers sitting on the sidelines, unwilling...
Oct 12, 2021 | Market Update
Phew! I don’t know about you, but September felt like a marathon. With back to school, crazy traffic again and, of course, puppy training. Queue the Covid Puppy. Heading into the Fall real estate market, conditions are the tightest they have been as new listings in...
Apr 29, 2021 | Market Update
As we get into the 2nd half of the Spring real estate market, I will say it’s been a very active market. You might be wondering what is fuelling demand? Why are so many people on the move, especially during this pandemic? The answer continues to be the same – a...
