Blog | Michael Kagan Real Estate

GTA Real Estate Market Report, February 2022

February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history. New listings dropped, but by a marginally lesser annual rate than sales, pointing to a modest move to a slightly more balanced market. Competition between buyers, ...

GTA Real Estate Market Report, January 2022

TORONTO, ONTARIO, February 3, 2022 – Demand for ownership housing remained extraordinarily strong from a historic perspective in January 2022. At the same time, listings remained in short supply, resulting in tight market conditions and extraordinarily strong year-over-year price growth. There were 5,636 sales reported through the TRREB MLS® System in ...

GTA Real Estate Market Report, December 2021

TORONTO, ONTARIO, January 6, 2022 – A record 121,712 sales were reported through TRREB’s MLS® System in 2021 – up 7.7 per cent from the previous 2016 high of 113,040 and up 28 per cent compared to 2020. Record demand last year was up against a constrained supply of listings, with new ...

GTA Real Estate Market Stats, November 2021

Home sales reached a new record for the month of November and the average selling price also reached a new all-time high. New listings were down substantially compared to last year for all market segments – further highlighting the inherent supply issue across all home types in the Greater Toronto ...