Real Estate Blog

Real Estate Blog

OCTOBER 2024: REAL ESTATE MARKET REPORT

The Bank of Canada began lowering its benchmark rate on June 5th of this year. It did so again in July, September, and on October 23rd it made its ...

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SEPTEMBER 2024: REAL ESTATE MARKET REPORT

It would appear that three 0.25 percent benchmark rate cuts by the Bank of Canada, the last coming in early September, have finally stimulated the ...

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AUGUST 2024: REAL ESTATE MARKET REPORT

August may be the last month of one of the worst residential resale market periods since the early 1990’s. Only 4,975 properties were reported sold ...

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JULY 2024: REAL ESTATE MARKET REPORT

July’s resale housing market performance improved marginally compared to July 2023. It is not, unfortunately, an indication of an improving market.

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JUNE 2024: REAL ESTATE MARKET REPORT

The Bank of Canada, as anticipated, reduced its benchmark rate in June, but it did not have the desired market effect. In fact it had the opposite ...

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MAY 2024: REAL ESTATE MARKET REPORT

The April 2024 Market Report concluded with the following forecast for May for the Toronto and Region resale market: “The average sale price will ...

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APRIL 2024: REAL ESTATE MARKET REPORT

A number of commentators have focused on April’s negative variances compared to market results achieved in April 2023.

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MARCH 2024: REAL ESTATE MARKET REPORT

March produced the first year-over-year negative variance in 2024. Both January and February saw positive variances. In March 6,560 residential properties ...

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FEBRUARY 2024: REAL ESTATE MARKET REPORT

Both January and February of this year have started stronger than the same two months in 2023. Year-to- date, 9,817 residential resale properties ...

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JANUARY 2024: REAL ESTATE MARKET REPORT

This first month of 2024 unfolded as anticipated. As 2023 came to an end, an air of optimism began to spread through the Toronto and Region residential ...

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