Second quarter regional highlights: Aggregate price of a home in Canada rose 25.3% year-over-year in the second quarter Demand expected to outstrip supply with upward pressure on prices, yet the pace of increases should moderate as peak price appreciation was reached in early Q2 Greater Montreal’s aggregate home price forecast to increase 17.5% year-over-year; the highest in Canada among forecasted regions Detached house prices continue to outpace condo appreciation, but the... [read more]

In July, 9,390 properties were sold in the GTA; a 15% of decline from the record setting in July of 2020. However, volume remains higher than is typical this time of the year. In terms of price, the average price across all property types continues to climb hitting 1,062,256 which is 12.6% higher than a year ago. Our stats indicate that the market remains competitive and houses are selling faster than they did in July 2020. Last month, the total days on market for all sold property types across... [read more]