Positive News in GTA Compared to Vancouver

In encouraging economic news, residential home sales were up 18.6 per cent in the GTA for the month compared with last July, the Toronto Real Estate Board said Friday. In addition the average selling price of the 6,961 homes that changed hands during the month rose 4.8 per cent on an annual basis to $782,129. July’s climb follows a 2.4 …

Real Estate Prices Edge Higher in GTA Markets

The Toronto housing market showed some improvement in home sales this June along with the average selling price. 8,082 homes were sold by Toronto Real Estate Board (TREB) members through the MLS in June; a 17.6% jump from May 2018 and 2.4% more than in June of last year. Policy changes such as the B-20 mortgage guidelines which tightened lending …