According to a ranking done by Maclean’s “Canada’s Best Communities ranking, Whitby was ranked highest amongst the other municipalities in Durham Region. The magazine ranked 415 communities across Canada and Whitby came in as the top Durham Region community with a 55th place showing. Ajax was second at 66, followed by Clarington at 96.   Uxbridge was 145, two places in front...Read More

The Toronto Real Estate Board reported another year-over-year increase in the level of home sales during the month of July. The number of transactions reached 8,595, up 24.3% when compared to the same month last year.   The overall average selling price during July 2019 was $806,755 – up by three per cent compared to the average sale price recorded in July 2018. Modest price growth and ...Read More

The Toronto Real Estate Board reported another year-over-year increase in home sales during the month of June. The number of transactions reached 8,860, up 10.4% over the same month last year. Sales volume over the first six months of 2019 are up 8.5% when compared against the first half totals of 2018.   The overall average selling price in June 2019 was $832,703 – up by three per cent...Read More

The federal housing agency (CMHC) has lowered its assessment of the health of the national housing market to “moderate,” from “high,” according to a report issues on Thursday. Canada Mortgage and Housing Corp. cited evidence of easing price acceleration for the country as a whole, primarily supported by much better fundamentals and prices in the Toronto and Vancouver market...Read More

The Toronto Real Estate Board reported that 7,187 residential sales through TREB's MLS System during March 2019. This result was in line with 7,188 sales reported in March 2018. For the first quarter of 2019, sales were down by one per cent compared to Q1 2018. The average price achieved during March was up marginally to $788,335. The average selling price for Q1 2019 compared to the same peri...Read More

  The Toronto Real Estate Board reported a total of 77,426 residential transactions through TREB’s MLS® System in 2018.  That is a 16.1% decline when compared to 92,263 sales reported during 2017.  The overall average sale price for a house or condo during 2018 was $787,300, down by 4.3% for all home types combined across the TREB market area.  Home prices were up v...Read More

Greater Toronto Area REALTORS® reported 6,455 sales through TREB's MLS® System during September 2018, which represents an increase of 1.9% over the volume set in September 2017. The average selling price for all home types reached $796,786, an increase of 2% from the same month a year ago. During the past few months, the market has demonstrated increasing resilience, as consumers gain...Read More

Greater Toronto Area REALTORS® reported 6,839 sales through TREB's MLS® System during August 2018, which represents an increase of 8.5% over August 2017. The average selling price for all home types reached $765,270, an increase of 4.7% over the same month a year ago.   During the past few months, the market has demonstrated increasing resilience, as consumers gain confidence....Read More

  The Toronto Real Estate Board reported 6,961 home sales through TREB's MLS® system during July 2018 – up 18.6% compared to the July 2017 sales total. The average selling price during July was $782,129, up 4.8% when compared to the average price achieved during July 2017. On another positive note, seasonally adjusted sale prices and activity are up, pointing towards a more rob...Read More

  Canadian house prices are expected to climb during the second half of 2018, driven by price gains in the GTA as buyers have begun to demonstrate their adaptation to the new mortgage rules, which cooled the market in the first half of the year.   A new forecast by Royal LePage predicts home prices will rise 4.5% nationally by the year’s end, potentially reaching a national aggreg...Read More