Market update week ending July 7th

10 July 2023
Eileen Wylie

The average price of a home in the GTA is slightly higher than this time last year, but a bit flat month-over-month, according to the latest numbers from the Toronto Regional Real Estate Board (TRREB). Data shows that the average GTA price was about $1.182 million in June compared to roughly $1.146 million last June. Meanwhile, home sales are up 16.5 per cent from last June while listings dropped 3 per cent over the same period.


Market update week ending June 30th

10 July 2023
Eileen Wylie

Olivia Chow Is Now Mayor of Toronto. Here’s How She Plans To ‘Fix’ Housing. Olivia Chow was elected Mayor of Toronto during Monday’s by-election. And now the conversation shifts to what she will do to solve some of the chronic housing problems facing Toronto — and mind you, that will be without the help of strong mayor powers, which Chow has maintained she will not be utilizing during her term.