“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) to purchase a home to live in over the next year was 30% – in line with the 29% share reported in the fall 2019 and 2018 surveys. Home buying intentions were highest in Peel Region and Toronto – over 30 per cent in both cases.”
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Excerpt from the Toronto Regional Real Estate Board, Year in Review and Outlook 2021 report.
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