June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the regular seasonal trend. The average selling price in June increased by double digits compared to last year as well, but the annual rate of increase moderated compared to the...

Home sales in the Greater Toronto Area were historically high in May 2021, but fell short of the 2016 record and were below this year's March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May.

There has been strong demand for ownership...

First-time homebuyers have a lot riding on their home-purchasing readiness. We've all heard that a home is probably one of the most expensive purchases you'll make in your lifetime. Potential buyers often dream of cool features, such as marble countertops and open concept living, but the reality of...