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Toronto’s market shows signs of balance in July
In its Market Watch for July, the Toronto Regional Real Estate Board (TRREB) states that the real estate market was more balanced, and I’d generally agree with that. The market is behaving in a fashion...
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July sees minor dip in home sales, GTA decline drives national drop
Canada’s real estate market continued to cool in July, despite the summer heat. Months of inventory rose for the first time after falling for seven consecutive months since January. Sales-to-new...
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Deja vu: Toronto market sees minimal change year-over-year in August
By most accounts, August 2023 looked remarkably similar to August 2022. We saw a little less volume and a little more price than last year, according to the latest data from the Toronto Regional Real...
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Canadian home sales see second month of decline as prices hold steady
Once again, sales volume has continued to fall in Canadian real estate — although this time, it was probably to be expected. According to monthly statistics from CREA, national home sales declined...
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September in Toronto: ‘Fall market, or falling market?’
By September of last year, Toronto’s real estate market had suffered seven months of price declines and one of the slowest September markets we’ve seen on record. The market was largely stabilized up...
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September sees home prices dip while sales continue to decline
House prices have eased as the national home sales declined by 1.9 per cent between August 2023 and September 2023, according to data from the Canadian Real Estate Association. This is now the third...
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Toronto: In buyers’ market territory for first time in decades
For the first time in decades, Toronto real estate is in a buyer’s market. October marks another month of bad records for Toronto real estate. With sales down 5.8 per cent since the same month last...
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Canadians feeling the strain as weak sales persist
It seems that the interest rate reality is finally catching up to the Canadian housing market, with very few positive data points to report when it comes to home sales in October 2023, as the Canadian...
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GTA’s November slump likely to close out the year
The Great Toronto Area (GTA) real estate market remained in a slump in November. Monthly sales reached numbers not seen since 2008, a year in which just 3,640 properties sold in November on the...
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The silver lining of Canada’s real estate market recession
The Canadian real estate market is in a recession — a place it’s been for well over a year now. This means that the amount of earnings available within the industry has been in contraction, regardless...
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