Share The numbers for August 2009 are in, and the story continues to revolve around the shortage of supply, and increasing demand leading to upward pressure on price. In August, Toronto Real Estate Board reported 8,035 sales (up 27% from the previous year). The graph below illustrates the dramatic change in inventory that we have [...]
Share A couple of weeks ago, I wrote that the Toronto Real Estate Board reported the BEST JUNE ON RECORD in terms of sales. The Toronto Real Estate Board has just released a Press Release with the numbers for the first 2 weeks of July – and we GTA REALTORS(R) are on course for reporting [...]
Share Say goodbye to the short lived Buyers Market, because if the facts are anything to go by we are entering a period of a Seller’s Market. Jason Mercer, TREB’s Senior Manager of Market Analysis states “the re-emergence of seller’s market conditions has exerted upward pressure on home prices. Look for sales to remain high [...]
