Market Update

Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

Good News For Buyers: Interest Rates Stay Unchanged – BOC Bank of Canada maintains policy rate, continues quantitative tightening FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario April 12, 2023 The Bank of Canada today held its target for the overnight rate at 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening. […]
Uxbridge Real Estate Update – March 2023   Real estate activity in Uxbridge, Ontario for March 2023 showed a slight decrease in the average selling price of homes compared to March of the previous year. The average selling price for a home in Uxbridge in March 2023 was $1,329,780, which is a 9.6% decrease from the previous year’s average selling price of […]
Prohibition on the Purchase of Residential Property by Non-Canadians Act   On January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act and associated Regulations (the “Act”) came into force and effect. As the name suggests, the Act bans Non-Canadians, as defined by the Act, from directly or indirectly purchasing certain Residential Property in Canada for a period of two […]
February 2023 Real Estate Market Update Videos Durham Region Real Estate Market Update York Region Real Estate Market Update Greater Toronto Area Real Estate Market Update Township Of Uxbridge Real Estate Market Update Town Of Whitchurch-Stouffville Real Estate Market Update Town Of Ajax Real Estate Market Update City Of Pickering Real Estate Market Update Town Of Whitby Real Estate Market Update City […]
February 2022 Real Estate Market Update For The Greater Toronto Area GTA HOME SALES AND LISTINGS DROP IN FEBRUARY Uptick in Homebuying Expected Later This Year TORONTO, ONTARIO, MARCH 3, 2023 – February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022. However, the number of new listings also dropped substantially year-over-year. The result was that the […]
January 2023 Market Update GTA REAL ESTATE MARKET STARTS THE NEW YEAR THE SAME AS IT ENDED LAST YEAR TORONTO, ONTARIO, FEBRUARY 3, 2023 – As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On […]
Market Update Rental Report: POPULATION GROWTH AND HIGH INTEREST RATES DRIVE RENTAL DEMAND IN GTA   TORONTO, ONTARIO, January 31, 2023 – Average condominium apartment rents continued to increase by double-digit annual rates in the fourth quarter of 2022. However, while market conditions remained tight enough to support very strong rent growth, there was more balance in the rental marketplace compared to the same period a year earlier in 2021. […]
TRREB: GTA CONDO SALES DOWN WHILE PRICES REMAIN FLAT TORONTO, ONTARIO, January 31, 2023 – Selling prices for condominium apartments bucked the overall downward trend in the housing market during the fourth quarter of 2022. The average selling price in Q4 2022 stayed in line with the average in Q4 2021. “While condo market conditions have become more balanced over the past year, there […]
Don't Miss Our Next Post
Subscribe Now
December 2022 Peterborough & Kawartha Lakes Market Update  
A Look Back At The 2022 GTA Housing Market Sign Up for Neighborhood News Today!   Home Sales & Listings Down While Selling Price & Rent Up  TORONTO, ONTARIO, January 5, 2023 – The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were […]
Interest Rate Hikes Drive Down Home Sales and New Listings in November Know How Much Your Home Is Worth By Visiting: www.QuickHomeValues.ca Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. What is happening in your community or postal code? Do you want to know what’s trending in another area? Find out using NEIGHBOURHOOD NEWS by entering the […]
Market Update Canadian Housing Market Snapshot For September 2022 Canadian Real Estate Snapshot for September 2022 The Canadian real estate market has seen a shift downwards in many areas for sales activity with many interest rate hikes by the Bank of Canada in response to the recession. As for the province of Ontario, we have seen a 37.7% decrease in the number of sales […]
Facebook Twitter LinkedIn YouTube Instagram Pinterest Blogger TikTok

Terms Of Use | Privacy Policy | Accessibility Statement | Fair Housing Notice

© 2023 Coldwell Banker Canada. All Rights Reserved. Coldwell Banker®, the Coldwell Banker logo, Coldwell Banker R.M.R. Real Estate, Brokerage and the Coldwell Banker Global Luxury logo are registered service marks owned by Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.