Real Estate Blog

Real Estate Blog

FEBRUARY 2025: REAL ESTATE MARKET REPORT

Real estate markets are generally influenced by local factors such as employment, the local economy, supply, affordability, and, ultimately, the domestic ...

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JANUARY 2025: REAL ESTATE MARKET REPORT

The first month of 2025 prompts a reference to Hugh MacLennan’s 1945 novel (Two Solitudes), primarily because it is Canadian, and secondly, because ...

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DECEMBER 2024: REAL ESTATE MARKET REPORT

2024 has now come to an end, and unfortunately, it finished, to quote T.S. Eliot, not with a bang, but a whimper.

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NOVEMBER 2024: REAL ESTATE MARKET REPORT

The Toronto and Region residential resale market is ending 2024 positively, albeit modestly, compared to 2023.

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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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