Categories for Market Updates

Quote: “…the continued popularity of suburban low-rise properties…”

“ ‘It’s clear that the historic demand for housing experienced in the second half of last year has carried forward into the first quarter of this year with some similar themes, including the continued popularity of suburban low-rise properties. It’s also evident that the supply of listings is not keeping ...

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Average Home Prices by Home Type

Although the condo apartment average home price is -3.7% compared to February 2020, condo prices are beginning to recover month-to-month. They appear to have bottomed out in December and January, and are on an upswing. . Average Condo Apartment Prices: – December 2020 $600,840 – January 2021 $600,830 – February ...

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The Condo Apartment Recovery Story Continues

“GTA REALTORS® reported 10,970 sales through TRREB’s MLS® System in February 2021 – a 52.5% increase compared to 7,193 sales reported in February 2020. Looking at all areas of the GTA combined, the condominium apartment segment led the way with a 64% sales increase compared to last year, with similar ...

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Average Home Prices: Toronto, Pickering, Ajax, Whitby and Oshawa

It used to be that the average home prices in Pickering, Ajax and Whitby were the middle ground between Toronto and Oshawa. For now, Toronto’s average home price has blended in with the next few municipalities to its East. Oshawa remains significantly more affordable, for now. . Pickering’s average home ...

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February Market Performance Statistics

Last month in the GTA, the number of home sales was up by 52.5%, new listings were up by 42.6% and the average home price was up by 14.9%, compared to February of 2020. . “Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained ...

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“Pandemic Does Not Appear to Have Dampened Home Buying Intentions.”

  “In November/December 2020, Ipsos polled GTA consumers on their home buying intentions in 2021. While COVID-19 presented a period of uncertainty, the pandemic does not appear to have dampened home buying intentions. The share of survey respondents who indicated they were likely (combined very likely and somewhat likely responses) ...

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February Market Update Video

Why did Toronto’s average home price go below that of Pickering, Ajax and Whitby? When will Toronto’s condo apartment market recover? . Watch this month’s video here to find out:   Video Script Hi, it’s Miia here with your monthly update. Today I’ll talk about why Toronto’s average home price ...

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Condo Apartment Sales Up By 85.5% Year-Over-Year

Sales were strong in January. What a great start to the year in all segments. Condo apartments are doing exceptionally well with respect to the number of sales. If this keeps up, condo prices will recover quickly. . Questions? Call or text me at 416-725-3544. . Miia . #GTArealestate #Torontorealestate #Pickeringrealestate #Ajaxrealestate #Whitbyrealestate #Oshawarealestate #marketupdate #realestateagent ...

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Potential Renewed Growth in Condo Prices This Year

“Price growth was driven by the low-rise market segments, while the average condo apartment price was down in Toronto. However, if we continue to see condo sales growth outstrip condo listings growth, we could start to see renewed growth in condo prices later this year.” . Questions? Call or text ...

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Average Selling Price up by 15.5% Year-Over-Year

“The average selling price for January 2021 was up by 15.5% to $967,885 year-over-year. . The MLS® HPI Composite Benchmark was up by 11.9% over the same period.” . -TRREB Market Watch Report -February 8, 2021 . Questions? Call or text me at 416-725-3544. . Miia . #GTArealestate #Torontorealestate #Pickeringrealestate ...

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