Canadian Home Sales Swell In February 2020

While the number of real estate transactions improved in about 60% of all local markets in February, the big national increase was largely the result of a 15% jump in activity in the Greater Toronto Area.

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Toronto’s Spring Market Bidding Wars Skew Canadian Real Estate Stats

With Toronto's eternal imbalance of low housing supply and omnipresent buyer demand - bidding wars - which tend to appear during the seasonal cycles of real estate when conditions are particularly ripe, have re-emerged with a vengeance this spring. The result? Soaring values and precedent-setting prices which are skewing Canadian Real Estate statistics.

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Canadian Home Sales Decline In January 2020

Transactions were down in a little over half of all local markets in January compared to December. That said, sales activity was still up 11.5% compared to January 2019, marking the best sales figures for the month in 12 years.

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