According to a number of forecasts, buyers, sellers and renters can expect the same ol’ issues to persist throughout the new year, such as crunched affordability, a lack of supply, and heating conditions in the nation’s biggest markets.
If you paid any attention to the housing market at all this year, you know there were some big moves made on a national, provincial, and municipal level. With that in mind, we reviewed all of 2019 and put together a list of 2019 highlights.
The monthly report based on MLS systems across the country found that activity increased 0.6% month-to-month, making November the ninth straight monthly gain, with 20% more sales than the six-year low hit in February 2019.
According to recent figures from RE/MAX, year-to-date uber-luxury home sales in the GTA have exceeded 2018 levels. As of the end of October, there were 102 home sales above $5 million, which is 8.5% higher than the same period a year ago.