by Daniel Foch | Nov 9, 2023 | Boards & Associations, Columnists
For the first time in decades, Toronto real estate is in a buyer’s market. October marks another month of bad records for Toronto real estate. With sales down 5.8 per cent since the same month last year, the region has posted one of the lowest numbers of October home...
by REM Editorial Team | Oct 12, 2023 | News
As the autumn chill sets in across the Greater Toronto Area (GTA), the region’s real estate market is experiencing equally frosty conditions. While property prices have remained relatively stable, declining interest from buyers has resulted in stiffer...
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 REM Editorial Team | Sep 26, 2023 | News
Housing affordability is a hot-button issue for Canadians as sky-high interest rates coupled with limited inventory make owning a home unattainable for so many. According to CREA, the benchmark price for a home in Canada reached $757,600 in August, compared to...
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...