Mar 19, 2021
Toronto Market Update March 2021
Average Price Hits $1 Million. You read that right. For the first time ever, the average price of a home in the GTA has hit the $1 million mark. The writing’s been on the wall for months. Over the last year, we’ve watched the numbers climb steadily higher despite the global pandemic and resulting lower immigration rates.
Feb 15, 2021
Toronto Market Update February 2021
The Freehold Frenzy has gripped Southern Ontario– from Hamilton to Bowmanville and everywhere in between, prices are way up and competition is fierce.
We’re seeing a lot of parallels between the market this past month and the market in 2017. Multiple offers are the norm, homes are going way over their listed price and inventory is LOW, but unlike 2017, the 416 isn’t the only area affected; we’re seeing it all over the GTA.
AND, there’s virtually no immigration right now.