by Daniel Foch | Oct 5, 2023 | Boards & Associations, Columnists
By September of last year, Toronto’s real estate market had suffered seven months of price declines and one of the slowest September markets we’ve seen on record. The market was largely stabilized up by supply, or rather, the absence of it. We saw a...
by Daniel Foch | Sep 16, 2023 | Boards & Associations, Columnists
Once again, sales volume has continued to fall in Canadian real estate — although this time, it was probably to be expected. According to monthly statistics from CREA, national home sales declined 4.1 per cent month-over-month in August, which is...
by Daniel Foch | Sep 7, 2023 | Boards & Associations, Columnists
By most accounts, August 2023 looked remarkably similar to August 2022. We saw a little less volume and a little more price than last year, according to the latest data from the Toronto Regional Real Estate Board’s (TRREB) Market Watch. The average price of a...
by Daniel Foch | Aug 16, 2023 | Boards & Associations, Columnists
Canada’s real estate market continued to cool in July, despite the summer heat. Months of inventory rose for the first time after falling for seven consecutive months since January. Sales-to-new listings ratio continued its steep downtrend for the fourth...
by Daniel Foch | Aug 4, 2023 | Columnists, News
In its Market Watch for July, the Toronto Regional Real Estate Board (TRREB) states that the real estate market was more balanced, and I’d generally agree with that. The market is behaving in a fashion that doesn’t favour buyers or sellers. This is...