May 2022 Market Update: Significant Data Changes as Market Cools
The slowdown we were first seeing on the ground over the past two months is now showing in the numbers.
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The slowdown we were first seeing on the ground over the past two months is now showing in the numbers.
While March 2022 housing market numbers were well above those of 2021 and 2020, there are some signs of cooling as average prices fall slightly from February.
The numbers for February continued to show a hot market.
Cold weather and snow storms in January did nothing to cool down Toronto’s red hot housing market.
Record year of 119,532 home sales, surpassing the previous record of 112,288 in 2016.
Colder weather has had no effect on Toronto’s red hot housing market which continued to show signs of heating up last month.
The Toronto Area real estate market once again posted strong numbers in October.
Average house prices jump up after months of holding steady as new listings remain historically low and average condo prices rise slightly.
A 56% decline from inventory levels year-over-year as the fall market is expected to remain as competitive as it has been this summer.
July's market numbers show that new listing supply for houses is falling faster than for condos.
The Toronto area market is still competitive and favouring sellers - but things are cooling down.
House sales of 7,825 in May are up 157% over last year - but this is due to the anomalies of the COVID-19 lockdown last year - and sales volumes have been trending down since...
The most important trend of note now is the start of a gradual cooling down in the market for houses across the Greater Toronto Area.
With 79% of houses and 63% of condos selling over the asking price in a pandemic no less, average home buyers are stressed - and confused.
This month we explore low inventory levels and demand shock in Toronto's housing market.
This month we explore the booming housing market in Toronto and across Canada and how new macro-prudential policies can be introduced to help cool the market.
'Excessive exuberance' on display in the Toronto area real estate market right now.
This month we look at Toronto's emerging housing bubble in the suburbs, how it's different from 2017 and how it will end this time around.
In this post we look at the condominium neighbourhoods within the Toronto and GTA area that have performed well in terms of home price appreciation during 2020.
Given the year we’ve had and the impacts of the COVID-19 pandemic, it’s interesting to note which neighbourhoods within the Toronto and GTA area have performed well in terms of...
In this month's Move Smartly report, we look at key trends to keep an eye on in the Toronto real estate market during 2021.
In this month's Move Smartly report, we look back at 2020 and how COVID-19 impacted the Toronto real estate market.
This month's Move Smartly report discusses when Toronto's downtown condo market will return to normal and the many vulnerabilities it faces.
This month's Move Smartly report investigates the rapid acceleration in demand and house prices in Toronto's suburban markets.
Our lead story in this month's Move Smartly Report unpacks conflicting reports about the condo market.
This month, The Move Smartly Report digs into where Toronto's surge in condo rental supply is coming from.
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.
The Greater Toronto Area saw a record low 2,942 home sales in April 2020.
The average rent for a condo across the Toronto area is down, while units for rent climb.
Realosophy's John Pasalis talks to BNN's Greg Bonnell about why sharply rising prices - particularly in Toronto's condo sector - might be a cause for concern.
The Toronto Area real estate market is heating up and getting competitive this winter as sales and prices rise and the number of new listings falls.
Why momentum is swinging back to the regions - and types of homes - that were hit hardest in last few years.
All Toronto area regions saw sales grow by double digits - except for Halton.
August home sales in the Greater Toronto (GTA) area were up 13% over the same month last year based on Realosophy Realty's analysis of sales through the Toronto Real Estate...
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