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...
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...
