Market

Our Monthly Market Report looks at how well major forecasts for Toronto area home prices are holding up six months after the start of the Covid-19 crisis.

Data

How is Toronto Real Estate Hot With Unemployment at 14%?

by John Pasalis

In spite of three months of economic free fall due to COVID-19, the Toronto real estate market seems to be returning to its pre-pandemic vigour.

Data

Are Home Prices Going to Fall 18% As CMHC Predicts?

by John Pasalis

Canada's top mortgage body just shared some pretty bleak expectations - should we take heed?

Data

Corona Crisis Week 10: Are Toronto Condo Prices Really Down 10%?

by John Pasalis

Why the widely reported drop in condo prices in last week's news was misleading.

Data

Corona Crisis Week 9: Toronto Area Real Estate Market Heating Up

by John Pasalis

The market is now more competitive than it was four weeks ago.

Data Toronto and GTA

Toronto Area Home Sales Hit a Record Low in April

by John Pasalis

The Greater Toronto Area saw a record low 2,942 home sales in April 2020.

Condo

Average Condo Rents Fall in Toronto

by John Pasalis

The average rent for a condo across the Toronto area is down, while units for rent climb.

Data Toronto and GTA

Corona Crisis Week 7: Signs of Stability in Toronto’s Real Estate Market

by John Pasalis

An increase in months of inventory suggests buyers as slowly re-entering the market - but not all regions across the Toronto area are picking up at the same speed.

Data

Corona Crisis Week 6: Is Toronto’s Real Estate Market Stabilizing?

by John Pasalis

Home sales numbers continue to be down across Toronto and the GTA, but an equal drop in new homes for sale appears to be keeping prices stable.

Data

Corona Crisis Week 5: Toronto Area Home Sales Down Sharply

by John Pasalis

The Greater Toronto Area saw a sharp decline in both sales and new listings as home buyers and sellers adjust to the reality of the Coronavirus crisis.

Data

Corona Crisis Week 4: Best and Worst Performing Real Estate Markets in the GTA

by John Pasalis

Some markets in the Greater Toronto Area are showing signs of the type of slowdown that requires buyers and sellers to act carefully.

Data

Corona Crisis Week 3: Toronto's Real Estate Market Hits the Brakes

by John Pasalis

Toronto real estate market sales have dropped sharply in the third week of Ontario's state of emergency due to Coronavirus pandemic.

Data

Toronto Home Prices in 2008 Financial Crisis vs. Corona Crisis (So Far)

by John Pasalis

While the Coronavirus (COVID-19) crisis is unprecedented, its impact on the real estate market can be seen in terms of demand and supply effects which tend to be more familiar.

Data

COVID-19's Impact on Toronto Real Estate? Here's a Look Back at SARS

by John Pasalis

While our present situation is very different, we can take some lessons from the past.

Neighbourhood Toronto and GTA

Market

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An interesting development in Picton, Ont., provides a glimpse into a possible future business model for real-estate brokerages.