GTA Home Sales Report Jan 2021

By: William C

GTA Home Sales Report Jan 2021

Tags: Monthly Market Report, GTA Real Estate, Average GTA Home Price, Toronto, Markham, Richmond Hill

As we enter into the secod month of 2021, let's make a better outlook on the GTA Home Market after the status of last month was out.  2021 OUTLOOK  The expected combine home sales reported through TRREB’s MLS® System for the GTA, South Simcoe County and Orangeville are expected to reach 105,000; This strong sales growth will be supported by continued economic recovery,...Read More

Is the GTA Home Price in December Dropping? (Dec 2020 GTA Home Market Report)

By: William Chan

Is the GTA Home Price in December Dropping? (Dec 2020 GTA Home Market Report)

Tags: Monthly Market Report, GTA Real Estate, Average GTA Home Price, Toronto, Markham, Richmond Hill, HOme Marking Dropping

Now the year 2020 ended, it is Time again to look at what happen to GTA Home market in the last month of 2020. In December 2020, TRREB recorded a new listing year to year increase at 66% which when from about 3500 to 5800.  As it may be a result of the struggling condo market but it is also a result of the hot freehold market. The increase of new listing is a combination of both Freehold an...Read More

By: William Chan

Home Sales Report of GTA September 2020

Tags: MONTHLY MARKET REPORT, GTA REAL ESTATE, AVERAGE GTA HOME PRICE, TORONTO, MARKHAM, RICHMOND HILL, Sep 2020 REAL ESTATE MARKET

Looking back to the September Home GTA Home Sales Statistic, there were 11,083 numbers of transaction which was up by 42.3% compare to last September. The average day on market was 16 days in September (which was 17 in August and 24 days in May). The average days on market in 2019 was 23 days. When we look at the first 9 months of sales it was up by 1% compared to the same period last yea...Read More

GTA August 2020 Monthly Home Sale Report

By: William Chan

GTA August 2020 Monthly Home Sale Report

Tags: MONTHLY MARKET REPORT, GTA REAL ESTATE, AVERAGE GTA HOME PRICE, TORONTO, MARKHAM, RICHMOND HILL, August 2020 REAL ESTATE MARKET

Even in Mid August 2020, many realtors already noticed that the sales were strong. When the number came out for the month, we saw a strong rebound in GTA home sales and it continued with a record month which reported 10,775 residential sales a 40.3% jump in the MLS compared to August 2019 in a year over year basis for all major home types (both City of Toronto and other GTA regions). It was wel...Read More

GTA June 2020 Monthly Market Report

By: William Chan

GTA June 2020 Monthly Market Report

Tags: Monthly Market Report, GTA Real Estate, Average GTA Home Price, Toronto, Markham, Richmond Hill, June 2020 Real Estate Market

As Ontario and GTA are slowly opening back, the main concern of both buyers and sellers is what happened last month to GTA housing market. According to the number provided by TRREB, the Average House Price in GTA was $930,869 which was up by 11.9% compared to last year. The MLS® Home Price Index Composite Benchmark was up by 8.2 per cent year-over-year in June. The actual and seasonally-...Read More

By: William Chan

2020 May Monthly Market Report

Tags: May Monthly Market Report Greater Toronto Area Average Home Price Toronto Markham Richmond

  In the Market Report, the Average House Price in GTA was $863,599 with both Number of Sales and the numbers of New Listings were dropped. The Total Number of Sales was 4,606 and there were 9,104 new listings in the month of May. Furthermore, Market Report shows the average Days on Market was 24 days for all listing sold in the month of May. However, with the current social distancing, we ...Read More

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