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GTA Housing Market Resurgence: Sales Surge, Price Stability, and Future Trends – Market Watch, TRREB February 2024

Explore the GTA housing market’s resurgence with a notable sales surge, price stability, and future trends. TRREB’s latest report unveils positive momentum for potential homebuyers in the Greater Toronto Area for February 2024.

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Strong Sales Surge and Market Tightening Pave the Way for Spring Optimism – Jan 2024 TRREB Market Update

Dive into TRREB’s comprehensive market update, exploring the dynamics of GTA real estate in 2023, with a keen eye on anticipated shifts in 2024

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Charting the Path Ahead: TRREB Market Update Chronicles GTA Real Estate from 2023 to the Anticipated Shifts in 2024

Dive into TRREB’s comprehensive market update, exploring the dynamics of GTA real estate in 2023, with a keen eye on anticipated shifts in 2024

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Navigating Affordability, Listings Surge, and Future Harmonies – TRREB Market Update November 2023

Explore the November 2023 GTA real estate landscape: Affordability challenges, listing surges, and future projections. Dive into the trends now!

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TRREB Report September 2023: Impact of High Interest Rates on the GTA Housing Market

Stay updated on the GTA housing market with TRREB’s September report, covering challenges, future prospects, available listings, and vital insights for first-time buyers.

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GTA Real Estate Market More Balanced in July 2023 – TRREB Market Update

The July 2023 housing market report reveals a remarkable surge in home sales and new listings, bringing a much-needed balance to the Greater Toronto Area’s real estate landscape.

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Housing Surge & Inflation Shift: Implications for the Housing Market – June 2023

Discover the Canadian housing surge and inflation shift’s impact. Gain insights into housing starts and inflation’s implications for the real estate market in June 2023. Stay informed on the dynamic landscape of Canadian housing.

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June 2023 Strength and Challenges in GTA Home Sales and Average Selling Price – TRREB Market Update

In June 2023, home sales and average selling prices in the Greater Toronto Area (GTA) remained strong, surpassing last year’s levels. However, seasonally adjusted sales saw a slight decline compared to the previous month. Despite higher borrowing costs, the demand for homeownership remained robust. Limited inventory affected sales, and the average selling price increased by 3.2%. The GTA’s real estate market faces challenges in housing supply and affordability, necessitating immediate action from government leaders to rectify the crisis.

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Bank of Canada Raises Rates again for Price Stability

Bank of Canada keeps key rate steady On March 8, 2023 after eight hikes, citing tight labor market and high inflation. Economists watching indicators for rate cut. Is it too early to be optimistic?

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Strong Demand and Supply Shortage Drive GTA Housing Market – TRREB May 2023 Market Update

The Greater Toronto Area (GTA) housing market experienced robust sales growth in May 2023, driven by high demand. However, the limited supply of homes for sale led to increased competition and soaring prices, highlighting the need for addressing the ongoing supply shortage. Let’s dive deeper into TRREB’s May 2023 Market Update in this post.

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Expanding Housing Options in Toronto: Multiplexes for a Growing City

Toronto, the dynamic and rapidly growing city, continues to attract newcomers seeking opportunities and a vibrant urban lifestyle. With an estimated 700,000 new residents expected by 2051, it is crucial to address the housing needs of both current and future Torontonians. To cater to the diverse household sizes and compositions across the city, Toronto must offer a range of housing options. Unfortunately, while the housing market has seen substantial growth in mid- and high-rise apartment buildings concentrated in densely populated areas, the supply of low-rise housing, particularly multiplexes, has lagged behind demand. However, a recent development suggests positive changes on the horizon.

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Impact of Housing Starts on Prices: April 2023 Highlights

April 2023 housing starts in Canada: 240,403 units, slight decline in overall trend, growth in Vancouver (36%), Toronto (54%), Montréal (43%), multi-unit starts offsetting declines in single-detached starts. Total SAAR at 261,559 units, urban starts up 26%, multi-unit starts up 33%, rural starts estimated at 19,974 units.

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Toronto’s Condo Rental Market Struggles to Keep Up with Population Growth – Q1 Rental Report by TRREB

Q1 2023 GTA saw a 4% increase in condo rentals, but tight market conditions resulted in a significant YoY rent increase – 15.1% for one-bedroom and 9.2% for two-bedroom units.

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Tighter Market, Higher Price – TRREB Market Update April 2023

The Greater Toronto Area’s housing market continued to tighten in April 2023, with fewer listings leading to more competition between buyers and supporting an improvement in selling prices.

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Secret to a Harmonious Rental Relationship: Expert Tips to Avoid Conflicts with Your Landlord or Tenant

Looking to maintain a positive relationship with your landlord or tenant? Check out our tips and tricks for tenants, including paying rent on time and keeping the rental unit clean, and for landlords, including keeping the property in good condition and communicating effectively. By following these guidelines, you can make your rental experience a pleasant one.

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