Strong buyer demand in the face of a constrained supply of homes for sale continues to be the story again this month. Continued low interest rates are expected to maintain healthy buyer activity, while reluctant sellers and the changing season are likely to drag the inventory of homes for sale lower into the late summer […]
Detached housing values have shown remarkable resilience in the first half of 2020, with 95 per cent of Greater Toronto real estate districts posting solid gains in average price, according to a report released today by RE/MAX of Ontario-Atlantic Canada. The RE/MAX 2020 Hot Pocket Communities Report examined trends and developments in 65 Toronto Regional Real Estate […]
The Benchmark Home Price for single detached homes, according to CREA’s HPI, continues to correct in most markets of the GTA. Overall home prices are beginning to soften, though they remain above Jan 2017 peak levels. Benchmark homes are representative of standardized homes for specific sub areas. Their physical characteristics remain fixed over time. Benchmarks […]
