While Toronto and the wider Greater Toronto Area's (GTA) resale market began showing signs of life in October, data from the Building Industry and Land Development Association (BILD) shows new homes sales remained "notably low."In total, there were 765 new home sales recorded in Toronto and the GTA,...| STOREYS
With more interest rate cuts "all but guaranteed" for the coming months, sales ticked up — though nominally — in August as would-be-homebuyers continued to hold out for lower rates, shows findings from the Canadian Real Estate Association's (CREA) August statistics report.“Despite some fledgling sig...| STOREYS
"Sales gains are now three for three in the months following interest rate cuts, which is a trend even though the increases weren’t headline-grabbing,” said Shaun Cathcart, CREA’s Senior Economist in the Canadian Real Estate Association's (CREA) September statistics report. The report shows that hom...| STOREYS
Learn what interest rate means in Canadian real estate, how it works in holding deposits and documents, and why it's important for a secure property transaction.| Storeys
After a supply surge allowed for relatively high sales activity in October and November, Canadian home sales "dipped" in December, according to the Canadian Real Estate Association's (CREA) final statistics package of 2024. Still, we're doing better than we once were.Month over month, overall nation...| STOREYS
New sales data shows Toronto's housing market is finally starting to wake up just in time for winter.According to the Toronto Regional Real Estate Board (TRREB), October homes sales in the GTA increased on both a monthly and yearly basis, while new listings ticked up at a lower rate than last year.“...| STOREYS
The Bank of Canada's interest rate cuts seem to have finally made an impact, according to the Greater Vancouver and Fraser Valley real estate boards.| STOREYS