February 2021 Market Report and Sales Stats

Monday Mar 15th, 2021

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GTA Housing Market Report

Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. With multiple buyers continuing to compete for many available listings, double-digit annual price growth was the norm throughout the GTA, with stronger rates of growth in the suburbs surrounding the City of Toronto.   GTA REALTORS® reported 10,970 sales through TRREB’s MLS® System... [read more]

January 2021 Market Report and Sales Stats

Tuesday Feb 16th, 2021

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January 2021 home sales amounted to 6,928 – up by more than 50% compared to January 2020. This strong start to 2021 included sales growth across all major segments including condominium apartments, both in the City of Toronto and surrounding GTA regions.   New listings were also up on a year-over-year basis in January, but not by the same annual rate as sales. This means market conditions tightened compared to January 2020, resulting in the continuation of double-digit... [read more]

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