Categories for Market Updates

Coming Soon to TRREB’s MLS® System: 2-Bedroom, 2-Washroom near DVP & Dundas, Toronto

Coming Soon to TRREB’s MLS® System, For Sale: A 2-bedroom, 2-full-washroom condo apartment complete with a parking spot, storage locker and a bike rack for 2 bicycles. Enjoy natural light and a view of a 6-acre park in this corner unit with floor-to-ceiling windows, 9-foot ceilings and a wraparound balcony. ...

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Quote: “Market conditions remained much more balanced in July 2022 compared to a year earlier.”

“Market conditions remained much more balanced in July 2022 compared to a year earlier. As buyers continued to benefit from more choice, the annual rate of price growth has moderated. The MLS® Home Price Index (HPI) Composite Benchmark was up by 12.9 % year-over-year. The average selling price was up ...

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Video: GTA Market Update with Miia – June 2022

Average home prices increased year-over-year, but decreased month-to-month. How long will this last? Watch the video here to hear my thoughts: https://www.youtube.com/watch?v=4NpCdwbkce4 And don’t miss the blooper at the end! Questions? Text/Call: 416-725-3544 Email: miiakellyrealestate@gmail.com Miia #GTArealestate #Torontorealestate #Pickeringrealestate #Ajaxrealestate #Whitbyrealestate #Oshawarealestate #marketupdate #realestateagent ...

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Quote: Impact of Interest Rates Not Forever

“The shorter term impact of higher interest rates will not be with us forever. Supply remains the long-term challenge.” – Toronto Regional Real Estate Board Market Watch Report dated June 3, 2022.   Questions? Text/Call: 416-725-3544   Email: miiakellyrealestate@gmail.com   Miia   #GTArealestate #Torontorealestate #Pickeringrealestate #Ajaxrealestate #Whitbyrealestate #Oshawarealestate #marketupdate #realestateagent ...

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Quote: Buyers Waiting for a Bottom

“Bank of Canada rate hikes, including the 50-basis point hike on June 1, are impacting home buyers in the short term. There is now a psychological aspect where potential buyers are waiting for a bottom in price. This will likely continue through the summer. However, as home buyers adjust to ...

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Quote: “… some home buyers have moved to the sidelines…”

“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. As has been the case with previous rate tightening cycles, some home buyers have moved to the sidelines to determine how they will reposition ...

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Quote: “… the market has eased somewhat during March…”

“Anecdotal information suggests that the market has eased somewhat during March, likely due to a combination of more supply, high prices, and the psychological impacts of the first interest rate increase by the Bank of Canada since 2018 and heightened uncertainty stemming from the Russian invasion of Ukraine.” Excerpt from ...

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GTA Market Update Video with Miia Kelly – March 2022

What’s happening in the market? What does this mean for home buyers? What does this mean for home sellers? What if you’re buying AND selling? Hear my thoughts on these topics by watching this video. Miia   Questions? Text/Call: 416-725-3544 Email: miiakellyrealestate@gmail.com #GTArealestate #Torontorealestate #Pickeringrealestate #Ajaxrealestate #Whitbyrealestate #Oshawarealestate #marketupdate #realestateagent ...

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Oshawa’s Average Home Price Edges Close to that of Toronto!

I used to refer to Oshawa as the hidden gem of affordable homes. Not anymore…. Last month, Oshawa’s average home price was only about $52K lower than that of Toronto. And the average home price of Toronto was lower than that of Pickering, Ajax and Whitby. . I know that ...

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Average Home Prices – Toronto, Pickering, Ajax, Whitby, Oshawa

Average home prices were up by over 30% year-over-year for Pickering (+33.2%), Ajax (+31.9%), Whitby (+31.2%) and Oshawa (+36.9%) in November 2021 compared to November 2020. The average home price for Toronto is relatively more affected by the condo apartment market since it has more of this type of home ...

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