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October, 2018 Toronto Real Estate Market Update

TORONTO, ONTARIO, November 5, 2018

There were 14,431 new Listings entered into TREB's MLS® System in October 2018 – down 2.7 per cent compared to October 2017. The fact that sales were up and new listings were down year-over-year in October suggests that market conditions became tighter.

"Annual sales growth has outstripped annual growth in new listings for the last five months, underpinning the fact that listings supply remains an issue in the Greater Toronto Area. With municipal elections in the rear view mirror, all levels of government need to concentrate on policies that could remove impediments to a better-supplied housing market, including facilitating the development of a broader array of medium density housing choices," said Jason Mercer, TREB's Director of Market Analysis. Full Report

Toronto Condo Update for Q3, 2018

October  18, 2018 – "Recent survey results from Ipsos revealed that the vast majority of young people in the GTA are concerned about home ownership. Nearly 92% of respondents agreed that the goal of home ownership is becoming more difficult for younger people in the city. With these insights in mind, it makes sense that relatively more affordable home ownership alternatives like condo apartments have been very popular with home buyers over the past year," said Jason Mercer, TREB's Director of Market Analysis. Full Report

 

LOOKING FOR A HOUSE OR CONDO?

Stunning 4 Bdrm Move-In Ready Detached House On Premium Corner Lot. In Grand Central Neighborhood Of New Sub-Division In Bradford. Steps To Schools,Parks,Rec Centre,Library,Shopping,Public Tranport On Doorsteps,Mins To Hwy 400 & Go Station. Thousands In Upgrades,Dark Stained Superior Hardwood Floor W/Matching Oak Staircase & 2nd Floor Landing Area,Kitchen W/Granite Counter Top & S/S Appl, 4 Spacious Bdrms,3 Walk-In Closets,Master W/4Pc Ensuite.

CONDOS FOR SALE

Welcome To Unit 1706 Of Bellaria Tower Iv. This Beautiful Corner Unit Features Exceptional Views Of East, South And North, One Of The Biggest Balconies (190 Sqf.). Superior Finishes From The Floor To 9Ft' Smooth Ceiling. Functional Floor Plan. Elite Premium Kitchen Cabinets, Modified Kit. Built In Closet Organizers. Upgraded Elf's In All Rooms & Bath. Laundry With Sink, Full Size W/D. Concierge/Gate House 24Hrs

Pre-construction Condo Listings

Pre-construction Condo Listings