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Toronto Market Watch: July 2021 Update

Posted on Aug 11, 2021 in Blog

The Toronto Regional Real Estate Board (TRREB) report for July 2021 indicates that the market has hit its lowest month in home sales this year with a 15% decline in the number of sales and a 5.9% decrease in the average selling price in the city of Toronto.

Year-over-year dynamics were also negative with an 8.6% drop in the number of sales. While th...

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Posted on Jul 15, 2021 in Blog

There was a slight cool-down of the market in June, however, the heated start of the year still resulted in year-over-year growth. 

In June, a total of 3,850 properties were sold in the city of Toronto with an average price of $1,079,749.

The average selling price of a detached home was $1,699,881, which is an 11.6% increase over the year and a 0.9% d...

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May 2021: Market Watch Update for City of Toronto

Posted on Jun 09, 2021 in Blog

The month of May continued to showcase the decrease in home sales in Toronto. According to the TRREB report, there was a 12.3% drop in the number of sales as well as a decrease in sales in each particular home type compared to April 2021. The average sales price, however, continued to grow with a 2.6% increase reported this month.

The year-over-year...

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April 2021 Toronto Market Watch: Key Insights

Posted on May 12, 2021 in Blog

Don’t let the numbers confuse you! 

The April 2021 market watch report by TRREB released last week is the first time we could make a year-over-year comparison in a pandemic-hit market. The lockdown started in April 2020 resulting in a massive drop in sales numbers. As a result, this year we see over 300% sales increase in most home types.

For a better...

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Toronto Real Estate Market Update: March 2021

Posted on Apr 14, 2021 in Blog

March 2021 market watch report by Toronto Regional Real Estate Board (TRREB) indicates that the competition for all home types in the city of Toronto remained intense. 

The average selling price of a detached home grew by 19.4%, reaching over $1.75m, and the number of sales soared by 74.1%. Semi-detached listings saw a sales growth of 105.7% and a pr...

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Posted on Apr 12, 2020 in Blog

What are your goals for the kitchen? Have you always wished you had a pot filler faucet right above the stove to quickly fill a pot of water for pasta? A beverage fridge is a popular add-on in many reno’s. How about a faucet that serves up boiling water on demand?

The ideal time to renovate your kitchen is summertime when the barbeque is getting ful...

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