Market Update - Gerald Lawrence - Managing REALTOR®

Market Update, Market Update, Market Update, Market Update, Market Update, 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 […]
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 […]