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Residential transactions remained high in May 2021 but fell short of the 2016 record. May 2021 figures were also below this year’s March peak. Market conditions remained tight enough to push the average selling price to an all-time record in May despite the receding sales over the last two months.
Record home sales in the Greater Toronto Area (GTA) continued for a third straight month in March 2021 across the Greater Toronto Area (GTA) with buyers taking advantage of favorable borrowing costs and continued improvement in many sectors of the economy.
The year 2021 started with a great ray of hope with the news about more and more effective COVID vaccines in the market. Real estate prices and the way multiple bids were being presented seemed out of control with most of the offers being unconditional.
Despite an unprecedented year due to COVID-19, including necessary public health restrictions and uncertainty surrounding the economy, Greater Toronto Area REALTORS® reported over 95,000 home sales in 2020 – the third-best result on record. The average selling price reached a new record of almost $930,000.
As has been said many times in 2020, this holiday season is truly going to be very different than in any other year. With the province going into lockdown starting December 26th, the little ones in our communities might be missing their usual holiday break activities such as visiting friends and family or team sports at the local recreation centers.
One may have to get a little more creative than usual when planning holiday-themed activities, but the Maple Tree Realtors has you covered with a list of safe and fun activities to keep your kids entertained!
Home sales in the Greater Toronto Area (GTA) were up again year-over-year for the fifth month in a row consistently. Sales and new listings reached record levels for the month of November as well.
Sales and new listings reached record levels for the month of October. However, year-over-year growth rates for sales and new listings diverged in some market segments.
Happy Halloween from Maple Tree Realtors!
At Maple Tree Realtors, we have been doing all in real estate, be it a condo or a house or even a commercial office, sale of a small business, or a building.
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