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Toronto Market Report

Record breaking sales for April! Read more in our latest Market Report.

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RE/MAX Condos Plus, Your Toronto Condo Experts

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Toronto Condo Market Reports

  • Market Report June-July 2016

    Sales Commentary Toronto real estate recorded another record sales month in May, just like April and March. Sales on TREB were 12,870 units and 10.6% higher than May of last year. May sales were 6.6% higher than April and some experts are arguing that on a ‘seasonally adjusted’ basis that the market is slowing. The reality is that the spring market this year started in mid-February and last year it did not start until April. Of course the market is slowing. The number of ‘new’ listings in May was down 6.4% from May of last year and the ‘active’ listing count is 30% lower than last year. So what ...

  • Market Report May/June 2016

    Sales Commentary Record breaking sales continued through April on the Toronto Real Estate Board. Sales topped the 12,000 unit mark and were ahead by 7% over 2015. Condo sales were ahead by 17% but detached and semi-detached sales in Toronto were actually lower by 4% and 11% respectively. TREB’s House Price Index shows that detached housing is higher by 13% over this time last year. By comparison, condos are higher by 6%. We are witnessing multiple offers, not just for low rise, but for condos and leases across the spectrum. Governments are pointing the finger at those supposed foreign buyers for causing unprecedented price increases. The reality is a lack ...