The October 2024 Greater Toronto Area (GTA) real estate market showed strong year-over-year growth, driven by a surge in home sales and increased buyer activity due to the Bank of Canada’s interest rate cuts. With GTA REALTORS® reporting a 44.4% rise in sales compared to October 2023 and a slight uptick in average home prices, market conditions have tightened, creating a more competitive landscape. New listings increased modestly, providing choices for buyers but keeping price growth moderate. Explore how improved affordability, economic trends, and policy measures are shaping the GTA housing and condominium markets.

Greater Toronto Area (GTA) home sales surged in September 2024, marking an 8.5% increase from the previous year as buyers capitalized on favorable market conditions. The Toronto Regional Real Estate Board (TRREB) reports changes in mortgage lending guidelines and lower borrowing costs have sparked renewed interest in homeownership, especially among first-time buyers. With new listings up 10.5%, buyers now have more negotiating power, resulting in moderate price adjustments. Discover key insights into the GTA’s evolving real estate market, including economic indicators, interest rates, and market recovery trends.

The Toronto Regional Real Estate Board (TRREB) welcomes the changes to mortgage rules announced by Deputy Prime Minister and Minister of Finance Chrystia Freeland.

TORONTO, ONTARIO, September 5, 2024 – Greater Toronto Area (GTA) home sales were down on a year-over-year basis in August 2024. New listings were up slightly over the same period.

July 4, 2024 – June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month last year, according to the Toronto Regional Real Estate Board (TRREB).

For many, vehicles are required when running a circuit of errands to fulfill a variety of daily necessities. In the near future, all that will be needed is an elevator.

As Canada’s largest city, each of Toronto’s neighbourhoods have a unique character that can appeal to a variety of people from students to young professionals, retirees, or families.

March 2024 home sales reported through TRREB’s MLS® System were lower than the March 2023 result, due in part to the statutory holiday Good Friday falling in March this year versus April last year. Despite a better-supplied market compared to last year, there was enough competition between buyers to see a moderate increase in the average March home price compared to last year’s level.

If you’re considering purchasing a new home, one of the key factors to consider is whether the home’s value will increase or decrease over the next several years to ensure you’re making a smart purchase.

Nestled in the heart of Toronto, Yorkville is a vibrant and upscale neighborhood that offers a unique blend of luxury living, cultural attractions, and a bustling urban atmosphere. Renowned for its high-end shopping, fine dining, and beautiful architecture, Yorkville is a sought-after destination for residents and visitors alike. In this detailed description, we will explore what makes Yorkville such a great place to live, highlighting its schools, amenities, and the overall charm of the neighborhood.

With 50 Scollard, the developer set out to build something for the ages.

At this point in the architecture history of downtown Toronto, with each new building aspiring to outshine what came before, it’s not easy to build something iconic.

But when Lanterra Developments, the company behind much-praised projects like Ice Condominiums at York Centre, The Brit Residences at Bay and Wellesley and One Bedford, acquired 50 Scollard Street, they knew they had all the ingredients to make something special. The prime Yorkville location, at the corner of Bay and Scollard across from the Peter Clewes-designed Four Seasons Hotel and Residences Toronto, certainly demanded excellence and elegance.

Toronto has garnered quite the reputation among residents and visitors alike—and for good reason. Its landscape is comprised of a vibrant art sphere, burgeoning craft brewery scene, international film stage, and sought-after historical neighbourhoods. The most revered of these carry with them a few marked characteristics: innovative architecture, abundant amenities, and exceptional overall livability.