Blog

March update on February 2023 Market Stats

The Toronto Regional Real Estate Board (TRREB) has released the MLS sales data for February 2023. With 4783 home sales reported by local Realtors, transactions were down 47% from February 2022, the last full month before the Bank of Canada began hiking the interest...

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February 2023 Market Update

The Toronto Regional Real Estate Board (TRREB) has released the MLS sales data for January 2023. With 3100 home sales reported, transactions were down 34% from the 10-year average and 44.6% year-over-year. Though new listings were down 3.7%, they decreased at a slower...

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Toronto’s new Vacant Home Tax

As a property owner, you should be aware of the Vacant Home Tax that was passed by the Toronto City Council in July of 2021 and which took effect on January 1 of 2022. But were you aware that there is a declaration notice that must be filled out by February 2 of 2023...

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2022 Peak Average Price to September 2002 Comparison.

2022 Peak Average Price to September 2002 Comparison.

How do the price adjustment savings stack up? In a comparison of the February 2022 average home price, which was the peak of the 2022 market, to the September 2022 average home price, we see that there is a savings of the amount of down payment required and the total...

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