Search results for: “market watch”
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Market Watch
<< Market Data Full ReportArchiveQuick Overview Charts Please note: The PropTx MLS® System, of which TRREB is a part, has added a number of new client boards over the last year. Many of these boards’ Members trade within the Greater Toronto Area and broader Greater Golden Horseshoe regions. As a result, historic data have been…
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Market Watch Historic Dashboard
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Market Watch Archive
<< Market Data Full ReportMarket WatchQuick Overview Charts
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Demand for Home Ownership Rising: Market Trends to Watch in 2023
An uncertain economic outlook, high inflation, and rising interest rates challenged home buyers, sellers, and owners in 2022. How did this past year impact the real estate market? And how is it shaping market trends for 2023? Sean Simpson, Senior Vice President at Ipsos Public Affairs, joins Ready to Real Estate host and TRREB Chief…
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2025 Ends with More Affordable Market and Paves the Way for Year of Recovery
Annual Greater Toronto Area (GTA) home sales declined in 2025 compared to 2024, as economic uncertainty weighed on consumer confidence. Over the same period, listing inventory remained elevated, allowing for selling prices to be negotiated downward, helping improve affordability. “The GTA housing market became more affordable in 2025 as selling prices and mortgage rates trended…
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Quick Market Overview Charts
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Renewed Consumer Confidence Key to Housing Market Recovery
Greater Toronto Area (GTA) home sales, new listings, and average selling price were down compared to a year earlier in November 2024. Intending homebuyers remained on the sidelines awaiting more positive economic news. “There are many GTA households who want to take advantage of lower borrowing costs and more favourable selling prices. What they need…
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GTA Housing Market: More Choice, Greater Affordability for Buyers
Home sales in the Greater Toronto Area (GTA) were down year-overyear in October, while new listings were up. Market conditions continued to favour homebuyers, as average selling prices were negotiated down alongside lower mortgage rates. “Buyers who are confident in their employment situation and ability to make their mortgage payments over the long term are…
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GTA Housing Market Sees Boost in September Following Interest Rate Cut
September home sales increased in the Greater Toronto Area (GTA) compared to a year earlier, as more homebuyers sought to take advantage of more affordable monthly mortgage payments. Buyers continued to respond to substantial choice in the marketplace by negotiating the average selling price downward. “The Bank of Canada’s September interest rate cut was welcome…
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GTA March Market: More Affordable and More Choice
Homeownership in the Greater Toronto Area (GTA) became more affordable in March 2025 compared to the previous year. On average, both borrowing costs and home prices have declined over the past year, making monthly payments more manageable for households looking to buy a home. “Homeownership has become more affordable over the past 12 months, and…
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TRREB 2025 Market Outlook: What’s Next for Housing, Affordability, and Traffic?
The Greater Toronto Area (GTA) is at a turning point. Affordability challenges, housing supply shortages, and growing traffic congestion continue to shape the way people live, work, and invest in the region. But what’s ahead for 2025? The much-anticipated 2025 Market Outlook and Year in Review report explores the key trends driving the real estate market and…
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Housing Market Gets More Affordable in 2024 with Lower Rates and Prices
The Greater Toronto Area (GTA) housing market experienced a transitionary year in 2024. Annual sales were up slightly compared to 2023, and new listings were up significantly year-over-year. Buyers benefited from substantial negotiating power on price, especially in the condominium apartment market. Average selling prices in 2024 dipped in comparison to 2023 as a result.…