Market Updates

With an average price of $1,062,256 across the GTA, there was an increase of +12.6% compared to last year.

With an average price of $1,089,536 across the GTA, there was an increase of +17.0% compared to last year.

Last week, I had the pleasure of helping two people find two rental units downtown. I've seen the same pattern over many years, so I'll tell you exactly what I told them: There is always a spike in activity in the Summer months leading up to September because of the start of the school year.The smart students already secured a place in June.  By July, most students only begin to think about...

With an average price of $1,090,992 across the GTA, there was an increase of +32.8% compared to last year.

As you may have heard, there is a new "Stress Test" that will be taking place on June 1, 2021. I had the opportunity to ask Chris Molder, a mortgage broker from Tridac Mortgage, about the changes and how it affects home buyers. The stress test is increased from 4.79% to 5.25% and now affects both insured and uninsured mortgages. So if you need a mortgage of $1,000,000, your purchasing power is...

With an average price of $10,90,992 across the GTA, there was an increase of +32.8% compared to last year.

With an average price of $1,097,565 across the GTA, there was an increase of +21.6% compared to last year.

With an average price of $1,045,488 across the GTA, there was an increase of +14.9% compared to last year.

With an average price of $967,885 across the GTA, there was an increase of +15.3% compared to last year.

With an average price of $932,222 across the GTA, there was an increase of +11.3% compared to last year.