The Canadian real estate market continues to tighten, with the number of home sales increasing in February while new listings declined. This trend tells us that buyers were more active than sellers, pointing towards a spring market that could be turning in favour of...
Similar to CREA’s data, the Toronto Regional Real Estate Board’s (TRREB) Marketwatch shows us one of the worst year-over-year drops in house prices on record. The average sold price declined by 17.9 per cent from February 2022. Many in the industry...
The Canadian real estate market has continued its descent below the 10-year average for another month, with sales down three per cent from December to January. While these holiday months are typically the two slowest months of the year, the last two months have been...
January is typically a slow month for transactions, but the Greater Toronto Area’s real estate market appears to be off to an exceptionally slow start this year, with most metrics significantly trailing January 2022. Industry anecdotes point to a lot of buyers...
Home sales in Canada edged up slightly between November and December, a trend not often seen at the tail end of a calendar year. CREA is releasing national statistics for December 2022, and while there are no surprises, there are reasons to pay attention to the...
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