by Daniel Foch | Jul 17, 2023 | Columnists
The quarterly number of homes sold in Canada just increased for the first time since 2021. Transactions in June 2023 came in 4.7 per cent above June 2022 — the largest jump in two years, according to CREA’s June data. Perhaps the resurrection in...
by Daniel Foch | Jul 13, 2023 | Columnists
The Bank of Canada delivered another 25 basis points to the economy Wednesday — increasing the central bank’s overnight rate to 5.0 per cent. This furthered a historic tightening in monetary policy that brought interest rates from record lows back to rates we...
by Daniel Foch | Jul 6, 2023 | Boards & Associations, Columnists
The spring market is over. This June, 7,481 homes sold on the Toronto Regional Real Estate Board’s MLS — 16.5 per cent more homes sold than last June. TRREB’s analysts mention that Toronto’s real estate market posted a relatively strong June market...
by Daniel Foch | Jun 16, 2023 | Columnists
For the first time in several years, the number of homes sold in Canada went up on a year-over-year basis. The market saw 1.4 per cent more transactions than this month last year, continuing its growth towards the 10-year monthly moving average. This movement is a...
by Daniel Foch | Jun 2, 2023 | Boards & Associations, Columnists
Toronto’s real estate market posted an impressive culmination to its spring market rally, with a few notably positive indicators from the Toronto Regional Real Estate Board’s (TRREB) May data: The average price up 3.7 per cent since last month, though...
