News and updates about the Toronto Market. Here, you can view market reports and featured listings. Read ReaLawState’s take on the state of the Toronto Real Estate market.

Toronto New Build Home Prices Rise Thanks to Incredibly Strong Condo Market

By |2019-02-28T11:22:32-04:00February 26th, 2019|All Posts, Toronto Market|

Toronto New build home sales in the GTA are up, thanks to extremely strong new condominium sales. New Data released by Altus Group* via the Building Industry and Land Development Association (BILD), shows a total of 1,362 new homes sold in January 2019. This number is up by 14 per cent compared to January of [...]

Toronto January Market Indicates Climb for 2019

By |2019-02-28T11:22:37-04:00February 26th, 2019|All Posts, Toronto Market|

The January Toronto Market is off to a strong start! Reported in the MLS® for January 2019 was a total of 4,009 home sales. Although prices appeared to continue their decline, it should be noted that the rate of price change began slowing significantly, potentially indicating a turnaround going into February. Further, when compared to [...]

Month in Review: October 2018

By |2019-02-28T11:22:45-04:00November 8th, 2018|All Posts, Toronto Market|

Total Residential Transactions October 2017 vs. October 2018: 7,069 to 7,492 (up 6%) Seasonally Adjusted: 6, 987 to 6,920 (down -1%) Average Selling Price October 2017 vs. October 2018: $780,104 to $807,340 (up 3.5%) Seasonally Adjusted: $802,783 to $810,881 (up 1%) Total New Listings October [...]

2018 Market Trends in the GTA

By |2019-02-28T11:25:20-04:00January 3rd, 2018|All Posts, Toronto Market|

  With the days of cheap borrowing coming to a halt as we see increasing interest rate hikes and tighter mortgage rules on the horizon, Canada’s seemingly impermeable inflated market bubble finally seems to be bursting. For the first time in ages, a significant cooling in home prices is predicated in Toronto and Canada at [...]

Thinking about buying a pre-construction condo?

By |2019-02-28T11:27:42-04:00August 10th, 2017|All Posts, Professional Advice, Toronto Market|

Thinking of buying a pre-construction condo in Toronto? Before you fall completely in love with the model suite there are some key things to keep in mind. Many people don’t realize you can work with a realtor when buying pre-construction as opposed to buying directly from the builder. The person in the sales centre works [...]