Solid Housing Market Continues

Garry Bhaura, President of the Toronto Real Estate Board (TREB) announced the continuation of moderate price growth in November 2018 compared to November 2017. The MLS® Home Price Index (HPI) Composite Benchmark was up by 2.7 per cent year-over-year. The average selling price was up by 3.5 per cent year-over-year to $788,345. Greater Toronto Area REALTORS® reported 6,251 residential transactions …

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 …