Toronto housing market Archives - Mortgage Rates & Mortgage Broker News in Canada

Greater Toronto home sales dip in December to cap ‘transitionary’ 2024: board

January 7, 2025 No Comments

Greater Toronto home sales fell slightly last month to cap a year that saw buyers take advantage of “substantial negotiating power” on price.

Greater Toronto home sales continue post-rate cut surge: real estate board

December 4, 2024 No Comments

Greater Toronto home sales jumped again last month on a year-over-year basis, with one real estate expert saying the most recent interest rate cut in October was enough to start luring buyers back into the market.

Greater Toronto home sales jump in October after Bank of Canada rate cuts: board

November 6, 2024 No Comments

The Toronto Regional Real Estate Board says home sales in October surged as buyers continued moving off the sidelines amid lower interest rates.

Toronto home sales rose in September as buyers took advantage of lower rates, prices

October 3, 2024 No Comments

Home sales in the Greater Toronto Area rose in September as buyers began taking advantage of a more accessible market, said the Toronto Regional Real Estate Board.

Toronto-area home sales decline in August, but rate cut could spur activity: board

September 5, 2024 No Comments

The Toronto Regional Real Estate Board says home sales in August fell from last year as average home prices edged lower.

Home sales in Canada’s largest cities picked up in June, but remain sluggish

July 8, 2024 No Comments

The Bank of Canada’s rate cut last month likely contributed to the uptick in resale activity, but experts caution that the market remains sluggish by historical standards.

Greater Toronto home sales down 16% in June despite Bank of Canada’s rate cut: board

July 4, 2024 No Comments

The Toronto Regional Real Estate Board says home sales in June declined 16.4% from last year, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut.

Spring housing market stalls as homebuyers remain on the sidelines

June 9, 2024 No Comments

Canada’s typically busy spring housing market stalled as homebuyers largely chose to wait on the sidelines for confirmation of the Bank of Canada’s first rate cut.

Canada’s largest cities saw home sales surge in January

February 7, 2024 No Comments

The year started with a jump in home sales in Canada’s largest urban centres, with gains exceeding 30% in Toronto, Vancouver and Calgary.

Housing market cooldown continued in November, but few signs of widespread selling related to renewal shock

December 7, 2023 1 Comment

The slowdown in housing activity across the country continued in November, but so far there aren’t signs of widespread distressed selling, figures show.

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