MLS® Home Price Index (“HPI”) From month-to-month over the past 12 months, the HPI demonstrated an upward price trend. There were some relatively flat months, including, most recently, from March 2021 to April 2021 (+1.24%). Overall, from April 2020 to April 2021, detached home prices in Vaughan went up ...
Continue ReadingWhy are sales up so much (+362.1%) when comparing year-over-year, but down (-12.7%) when comparing month-over-month? Have average home prices levelled off? Watch this month’s video to find out: Or, read the video script below: Hi, it’s Miia here with your monthly update. Today I’ll talk about why home sales ...
Continue ReadingThese figures, which compare April 2021 to April 2020, demonstrate how much of an outlier the sales of April 2020 were. April 2020 was the first full month of the pandemic and people who were buying and selling homes had not yet adjusted to our new normal world. April 2021 ...
Continue Reading“ ‘Despite a modest slowing in market activity in April compared to March, selling prices for all major home types remained very high. Low borrowing costs during COVID-19 clearly had an impact on the demand for and price of ownership housing. While the pace of price growth could moderate in ...
Continue ReadingAs I’ve noted in previous posts, April of 2020 was an unusual month, as it was the first full month of the pandemic in the GTA; in addition to the volume of sales being down, average home prices were also down in April 2020. So, here we see that the ...
Continue Reading“ ‘While sales remained very strong last month, many REALTORS® noted a marked slowing in both the number of transactions and the number of new listings. It makes sense that we had a pullback in market activity compared to March. We’ve experienced a torrid pace of home sales since the ...
Continue ReadingA quick glance across the map… Questions? Call or text me at 416-725-3544. Miia #GTArealestate #Torontorealestate #Pickeringrealestate #Ajaxrealestate #Whitbyrealestate #Oshawarealestate #marketupdate #realestateagent ...
Continue ReadingAs the condo apartment market recovery has been well underway, so too has the City of Toronto’s average home price, which has been back up over a million dollars for the past couple of months. The gap in average home prices amongst Toronto, Pickering, Ajax and Whitby got much smaller ...
Continue ReadingApril marked the first full month of the pandemic in 2020, so when we compare April 2021 to last year, we see rather unusual numbers. The number of homes sold in April 2021, as recorded on TRREB’s MLS system, was up by 362.1% compared to April 2020. There were 2,957 ...
Continue ReadingGTA REALTORS® Release April Statistics . For the full report, visit: https://trreb.ca/files/market-stats/market-watch/mw2104.pdf . Stay tuned for my monthly video, charts and quotes over the next few days. . Questions? Call or text me at 416-725-3544. . Miia . #GTArealestate #Torontorealestate #Pickeringrealestate #Ajaxrealestate #Whitbyrealestate #Oshawarealestate #marketupdate #realestateagent ...
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