TORONTO, February 4, 2015 - Toronto Real Estate Board President Paul
Etherington announced a strong start to 2015, with robust year-over-year sales
and average price growth in January. Greater Toronto Area REALTORS® reported
4,355 home sales through the TorontoMLS system during the first month of the
year. This result represented a 6.1 per cent increase over January 2014. During
the same period, new listings were up by 9.5 per cent. "The January
results represented good news on multiple fronts. First, strong sales growth
suggests home buyers continue to see housing as a quality long-term investment,
despite the recent period of economic uncertainty. Second, the fact that new
listings grew at a faster pace than sales suggests that it has become easier
for some people to find a home that meets their needs," said Mr.
Etherington. The average selling price for January 2015 home sales was up by
4.9 per cent year-over-year to $552,575. The MLS® Home Price Index (HPI)
Composite benchmark was up by 7.5 percent compared to January 2014. "Home
price growth is forecast to continue in 2015. Lower borrowing costs will
largely mitigate price growth this year, which means affordability will remain
in check. The strongest rates of price growth will be experienced for low-rise
home types, including singles, semis and town houses. However, robust enduser demand
for condo apartments will result in above-inflation price growth in the
high-rise segment as well," said Jason Mercer, TREB's Director of Market
Analysis
TORONTO, ONTARIO, August 6, 2025 – The Greater Toronto Area (GTA) experienced the best home sales result for the month of July since 2021. Sales were also up relative to listings, suggesting a modest tightening in the market compared to last year. “Improved affordability, brought about by lower home prices and borrowing costs, is starting to translate into increased home sales. More relief is required, particularly where borrowing costs are concerned, but it’s clear that a growing number of households are finding affordable options for homeownership,” said Toronto Regional Real Estate Board (TRREB) President Elechia Barry-Sproule. GTA REALTORS® reported 6,100 home sales through TRREB’s MLS® System in July 2025 – up by 10.9 per cent compared to July 2024. New listings entered into the MLS® System totalled 17,613 – up by 5.7 per cent year-over year. On a seasonally adjusted basis, July home sales increased month-over-month compared to June 2025. New listings also rose compared...
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