3/3/2023 | Posted in GTA Real Estate by Sheru Asnani
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February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022.

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  2/3/2023 | Posted in GTA Real Estate by Sheru Asnani
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As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were ... More

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  12/6/2022 | Posted in GTA Real Estate by Sheru Asnani
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Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same ... More

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  11/23/2022 | Posted in GTA Real Estate by Sheru Asnani
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The market is still reeling from the pronounced slowdown seen in the overall Canadian housing sector this year, new report says

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Real Estate & Mortgage News

  11/3/2022 | Posted in GTA Real Estate by Sheru Asnani
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Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Greater Toronto Area (GTA) found some support near $1.1 ... More

Real Estate & Mortgage News

  11/1/2022 | Posted in Canada Living by Sheru Asnani
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The federal government is planning a massive increase in the number of immigrants entering Canada, which will have a huge effect on the real estate market.

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  10/27/2022 | Posted in Rental Market by Sheru Asnani
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The cost of renting a one-bedroom condominium in Toronto is now up more than 20 per cent year-over-year, as higher borrowing costs leave some would-be buyers on the ... More

Real Estate & Mortgage News

  10/5/2022 | Posted in GTA Real Estate by Sheru Asnani
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The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022.

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  9/2/2022 | Posted in GTA Real Estate by Sheru Asnani
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There were 5,627 home sales reported through the Toronto Regional Real Estate Board’s (TRREB) MLS® System in August 2022, representing a year-over-year dip of 34.2 ... More

Real Estate & Mortgage News

  8/4/2022 | Posted in GTA Real Estate by Sheru Asnani
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There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 - down by 47 per cent compared to July 2021. Following ... More

Real Estate & Mortgage News

  7/19/2022 | Posted in Rental Market by Sheru Asnani
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GTA rent prices rose by “the fastest pace on record” in the second quarter of this year with the average one-bedroom unit being leased out for nearly $2,200 a ... More

Real Estate & Mortgage News

  7/13/2022 | Posted in GTA Real Estate by Sheru Asnani
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Royal LePage has cut its home price forecast for this year amid a series of aggressive interest rate hikes which have pushed up the cost of borrowing and cooled the demand for ... More

Real Estate & Mortgage News

  7/6/2022 | Posted in GTA Real Estate by Sheru Asnani
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Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 – down by 41 per cent compared to last year’s strong result. The number of ... More

Real Estate & Mortgage News

  6/4/2022 | Posted in GTA Real Estate by Sheru Asnani
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The tide continued to shift in favour of homebuyers in the Greater Toronto Area (GTA) last month amid higher borrowing rates.

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Real Estate & Mortgage News

  6/3/2022 | Posted in GTA Real Estate by Sheru Asnani
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Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly ... More

Real Estate & Mortgage News

  6/1/2022 | Posted in Rental Market by Sheru Asnani
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A new report says the average monthly GTA rent increased 12% for all property types this April to $2,204 from $1,974 in April 2021.

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  5/26/2022 | Posted in New Developments by Sheru Asnani
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However, some asset classes continue to boom compared with before the pandemic

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Real Estate & Mortgage News

  5/4/2022 | Posted in GTA Real Estate by Sheru Asnani
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The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis.

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Real Estate & Mortgage News

  5/4/2022 | Posted in GTA Real Estate by Sheru Asnani
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Greater Toronto Area (GTA) new condominium sales reached their highest Q1 on record with 8,253 units sold, rising 55% year-over-year and exceeding the 10-year average (5,154 ... More

Real Estate & Mortgage News

  4/22/2020 | Posted in GTA Real Estate by Sheru Asnani
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Greater Toronto Area REALTORS® reported 1,654 home sales through TRREB’s MLS® System during the first 17 days of April – down by 69 per cent compared to the ... More

Real Estate & Mortgage News

  4/22/2020 | Posted in GTA Real Estate by Sheru Asnani
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Toronto home sales tumbled in the first half of April, down 69 per cent compared with the previous year, as the coronavirus pandemic led to an economic slowdown and a huge ... More

Real Estate & Mortgage News

  4/14/2020 | Posted in Canadian Housing Market Predictions by Sheru Asnani
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According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable ... More

Real Estate & Mortgage News

  4/3/2020 | Posted in GTA Real Estate by Sheru Asnani
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Despite a strong increase in sales for March 2020 as a whole, there was a clear break in market activity between the pre-COVID-19 and post-COVID-19 periods.

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Real Estate & Mortgage News

  2/6/2020 | Posted in Toronto Real Estate by Sheru Asnani
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TRREB President Michael Collins announced that Greater Toronto Area REALTORS® reported 4,581 home sales through TRREB’s MLS® System in January 2020 – up by ... More

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  2/4/2020 | Posted in Commercial Real Estate by Sheru Asnani
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Altus Group Limited has released its 2020 GTA Flash Report, which provides a comprehensive review of the real estate market in the Greater Toronto Area (GTA) based on 2019 ... More

Real Estate & Mortgage News

  1/7/2020 | Posted in GTA Real Estate by Sheru Asnani
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The MLS® Home Price Index Composite Benchmark was up by 7.3% on a year-over- year basis in Dec 2019. From June 2019 onward, the annual growth rate in the MLS® HPI ... More

Real Estate & Mortgage News

  1/7/2020 | Posted in New Developments by Sheru Asnani
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There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group.

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