December 2019 Market Stats

Toronto Real Estate Board President Michael Collins reported that December 2019 residential sales reported through TREB's MLS® System by Greater Toronto Area REALTORS® were up by 17.4 per cent year-over-year to 4,399. Total sales for calendar year 2019 amounted to 87,825 – up by 12.6 per cent compared to the decade low 78,015 sales reported in 2018. On an annual basis, 2019 sales were in line with the median annual sales result for the past decade.

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Lina Risi
A Special Holiday Announcement

Normally at this time of the year, we send out holiday cards. But this year we thought, there has to be a better use for all of the money that we spend printing and mailing cards. Don't get us wrong, we love to send out our holiday cards and are truly touched when we receive them…

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Lina Risi
Movember 2019

Once again Postcard Homes is a proud participant of Movember and looking to raise $2,000 to tackle some of the biggest health issues faced by men: prostate cancer, testicular cancer, and poor mental health.

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Lina Risi
March 2019 Market Stats

Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB’s MLS® System in March 2019. This result was inline with 7,188 sales reported in March 2018. For the first quarter of 2019, sales were down by one per cent compared to Q1 2018.

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Lina Risi
February 2019 Market Stats

Toronto Real Estate Board President Gurcharan (Garry) Bhaura announced that Greater Toronto Area REALTORS® reported 5,025 homes sold through TREB's MLS® System in February 2019. This sales total was down by 2.4 per cent on a year-over-year basis. Sales were also down compared to January 2019 following preliminary seasonal adjustment.

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Lina Risi
Toronto's Missing Middle Housing

A new report commissioned by the Toronto Real Estate Board (TREB) recommends that the best solution to the city’s housing affordability crunch is to build more affordable units, but that can only happen if a “fundamental shift” occurs in both Official Plan policies as well as in the attitude of many elected officials.

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Lina Risi
Finance Minister Bill Morneau under pressure to help first time home buyers

Paul Taylor, chief executive officer of Mortgage Professionals Canada, said interest rates have risen five times since mid-2016, which has helped cool down overheated housing markets, and it is not necessary to ensure borrowers can withstand such a large increase in rates. He is urging the federal government to require borrowers to qualify at a rate 0.75 per cent above the negotiated rate.

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Lina Risi
January 2019 Market Stats

TREB President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 4,009 home sales through TREB's MLS® in January 2019 – up by 0.6 per cent compared to January 2018. On a preliminary seasonally adjusted basis, sales were up by 3.4 per cent compared to December 2018.

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Lina Risi
December 2018 Market Stats

Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB’s MLS® System in 2018. This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017. Total new listings entered into TREB’s MLS® System were down by 12.7 per cent over the same period to 155,823.

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Lina Risi