by Daniel Foch | May 16, 2023 | News
Spring has finally brought a breath of fresh air to the real estate market in Canada. The Canadian Real Estate Association released its numbers for April, and we saw an 11.3 per cent increase in home sales, our third consecutive month of increasing volume and the...
by Daniel Foch | May 4, 2023 | Boards & Associations, News
There are not enough houses for sale. While this may sound like an oversimplification, inventory scarcity continues to be the major theme in Toronto real estate. Since April of last year, sales are down just 5.2 per cent, while new listings and active listings are...
by Daniel Foch | Apr 17, 2023 | Boards & Associations, Columnists, News
For the first time in over a year, the primary measure of Canadian house prices has stopped falling. When measured by the aggregate composite house price index (HPI), the average Canadian house price is $686,371, 13.7 per cent below March of last year but up since...
by Daniel Foch | Apr 5, 2023 | Boards & Associations, Columnists, News
Toronto’s real estate market continues to be characterized as “tight” by the Toronto Regional Real Estate Board (TRREB). TRREB’s March 2023 Market Watch shows active listings down for the first time in several months and new listings down an...
by Daniel Foch | Mar 15, 2023 | News
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...
