MLS Housing Market Charts Archive

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June 25, 2020/by Mahyar Rezapour

Latest News

Developers to launch hundreds of new condo units in Toronto as demand returnsMay 23, 2023 - 10:16 pm
Real estate developers are launching hundreds of new condo units in the Toronto region this year, as buyer demand grows after months of fretting over higher interest rates. Ever since the Bank of Canada announced in late January that it would take a break from hiking interest rates, activity in the residential real estate market […]
Toronto rental and housing scams are becoming a huge problemMay 23, 2023 - 10:04 pm
Toronto Police are seeking a suspect in yet another housing scam investigation, just the latest in a string of similar scams where fraudsters rent or even sell homes they do not own. In the most recent case, police allege that between November 2022 and February 2023, 49-year-old Cem Devrim Turetken listed units on apartment rental […]
Underused Ontario schools could be sold by Ford government for housing in new education billApril 18, 2023 - 10:11 pm
The Ford government tabled new legislation that will give itself the power to convert underutilized schools in Ontario into affordable housing or sell off the properties on the open market, in a major overhaul of education policies. The new bill, called the Better Schools and Student Outcomes Act, includes sweeping new measures aimed at standardizing […]
Canada inflation rate hits 13-month lowMarch 21, 2023 - 9:57 pm
Annual price growth is now at its lowest level since January 2022 The annual pace of inflation in Canada cooled again in February, with a 5.2% year-over-year increase in the consumer price index meaning it is now at its lowest level since January last year. New figures released by Statistics Canada on Tuesday morning showed […]
Toronto home prices inch upwards in FebruaryMarch 3, 2023 - 11:00 pm
Sales remain low across the city’s housing market Toronto’s home price index rose by 1.1% in February over the previous month but continued to plummet on a yearly basis, with sales volumes across the city also remaining subdued. The Toronto Regional Real Estate Board (TRREB) revealed that the home price index (HP) sat at just […]
Bank of Canada makes first rate hike of 2023January 25, 2023 - 4:50 pm
The Bank also gave a significant update on its plans for future rate announcements The Bank of Canada has announced a quarter-point hike to its benchmark policy rate, a move that marks its eighth consecutive rate increase and the first of 2023 – although it also indicated that it could be its last for some […]
GTA Condo, Purpose-Built Rental Completions to See Record-Breaking YearJanuary 16, 2023 - 6:24 pm
Just under 32,000 new condo units are slated for completion in the Greater Toronto Area (GTA) in 2023, according to real estate consulting firm Urbanation. Urbanation President Shaun Hildebrand tells STOREYS the figure may more realistically be in the ballpark of 25,000 to 30,000 units — he says the industry typically falls short of its […]