by Mahmud Naqvi | May 2, 2021 | Market Update
April Real Estate sales activity was consistent across the Greater Toronto Area. Partly due to the expectations of higher stress test qualifications proposed by OSFI. So far it’s not implemented yet or announced other than the recommendation posting last month....
by Mahmud Naqvi | Apr 3, 2021 | Market Update
March sales activity was record setting but ended with softening conditions. Its highly likely that April activity will be defining the future of sales for the next 6-12 month period. Following is the March sales activity in Greater Toronto Area’s major cities:...
by Mahmud Naqvi | Mar 5, 2021 | Market Update
Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. With multiple buyers continuing to compete for many available listings, double-digit...
by Mahmud Naqvi | Feb 1, 2021 | Market Update
Unprecedented activity in December 2020 saw home prices go 10%-40% higher in GTA cities. Most cities had double digit gains with King city leading the pack with 42% gain year over year. Toronto core had a drop in prices reflecting the consumer behaviour of moving out...
by Mahmud Naqvi | Jan 12, 2021 | Market Update
The Greater Toronto Area housing market followed an unfamiliar path in 2020. Following the steep COVID-induced drop-off in demand during the spring, home sales roared back to record levels throughout the summer and fall. A strong economic rebound in many sectors of...
