Will Home Prices Continue to Drop?

By: Michelle Poirier

Will Home Prices Continue to Drop?

Tags: Toronto Housing Market Report, Toronto Home Prices, Price drop

  I hope you are having a great summer! September 7th Interest Rate Announcement: As we near the end of the season and get ready for the fall real estate market, one thing that’s on everyone’s mind is the upcoming Bank of Canada interest rate announcement scheduled for Sept. 7th. Economists from major banks are expecting Bank of Canada Governor Tiff Macklem to announce an addit...Read More

January 2022 Housing Market Report

By: Michelle Poirier

January 2022 Housing Market Report

Tags: Housing Market Report, Toronto Housing Prices, Toronto Home Prices, is this a good time to sell, selling your home in Toronto

LOWEST INVENTORY IN TWO DECADES: TORONTO, ONTARIO, February 3, 2022 – Demand for ownership housing remained very strong from a historic perspective in January 2022. At the same time, listings remained in short supply, resulting in tight market conditions and very strong year-over-year price growth. There were 5,636 sales reported through the TRREB MLS® System in January 2022 – ...Read More