New high-rise sales booming in the GTA as the new low-rise supply dwindles
The Building Industry and Land Development Association (BILD) just released its new home sales figures for May 2016, announcing that new high-rise sales are surging due to the shrinking new low-rise inventory. According to Altus Group, BILD’s trusted
The average selling price of a detached home in the GTA remains over $1 million
The Toronto Real Estate Board (TREB) just released its resale housing figures for November 2016, reporting significant sales growth across the Greater Toronto Area (GTA) for all home types. There were 8,547 sales reported through the MLS last month,
Brampton is Absolutely Dominating the New Low-Rise Market
The latest report by Trimart Research Corporation highlights the top five cities with the most new low-rise sales in the Total Market Area (TMA). As expected, Brampton is in the lead by a significant margin with 2,520 sales so far this year. Milton is in
Resale Market on Course for a New Record for Home Sales this Year
The Toronto Real Estate Board (TREB) released its monthly resale housing market figures for July 2015, announcing a big jump in sales and a very low inventory of homes.There were 9,880 sales reported through the MLS system last July, marking an 8%
East Gwillimbury and Caledon Selling Like Crazy
The Trimart Research Corporation’s latest report announced that the Total Market Area (TMA) saw 3,065 new low-rise sales in May 2015, which is the highest sales have been for the month since 2004. The majority of May’s success is due to very successful
Low-Rise Momentum Strong Through Holiday Season
According to the Trimart Research Corporation, the record breaking fall season built up a ton of momentum for the Total Market Area’s (TMA) new low-rise market, so November sales are showing strong sales figures compared to last year. In the last two
New Low-Rise Sales Heat Up with the Summer
Along with the temperature, new low-rise sales are reaching new heights, despite the summer being a typically slow season for the market, says Trimart Research Corporation. Last month, Brampton hit 4,074 year-to-date sales, securing its spot at the top
The top 10 cities with the most new low-rise sales in 2016
The latest report from Trimart Research Corporation unveils the top 10 cities in the Total Market Area (TMA) with the most new low-rise sales in 2016. By a landslide, Brampton came in first with 4,336 new low-rise sales last year. Milton followed in
Average price of a detached home in Toronto nears $1.3 million
The Toronto Real Estate Board (TREB) released its monthly resale housing figures for April 2016, announcing record high sales and aggressive price growth. There were 12,085 home sales reported through the MLS last month, which is 7.4% higher than the
There will soon be an increase in new low-rise inventory
According to Trimart Research Corporation, the Total Market Area (TMA) has seen 14,496 new low-rise sales this year, as of the end of July 2016. That equals 59.2% of Trimart’s annual forecast. With only 1,107 sales in July, the industry did see a pretty
