Deja Vu

Toronto‚Äôs real estate market had higher sales and prices compared to a year ago.  Sales increased modestly by 3% as the average price rose on the relative strength of detached properties.  Despite a more active July market, there are headwinds on the horizon. As housing prices accelerated in Q2 2023, the Bank of Canada raised…

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Market Momentum

The Toronto market continued to rebound in May.  Sales transactions increased for the first time on a monthly basis with 23% more transactions in May 2023 compared to May 2022.  Prices are slightly down from a year ago, but month-on-month sales have increased since the beginning of the year.  The average price of $1,197,021 in…

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