FORM Condos

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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

  • July-August 2016 Market Report

    Sales Commentary June sales mark the halfway point of the calendar year but in terms of sales on the Toronto Real Estate Board, it usually represents 54% of the year’s sales. That means we will hit 111,000 sales in 2016 versus 101,000 in 2015 which was the previous record. If you recall, all of the bank economists were calling for lower sales this year while our Brokerage was forecasting another record year in 2016! But to keep everything in perspective, sales per 100,000 people are lower today than in 2007. In other words, the increase in sales has been caused by population growth and not by people selling (read flipping ...

  • 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 ...