Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

Real Estate • Real Estate • 29 October 2022

Market Watch September 2022

by Muhammad Chaudhary

The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44.1 per cent compared to September 2021. New listings were also down on a year-over-year basis by 16.7 per cent to 11,237. This was the lowest number of new listings reported for the month of September since 2002. This is especially troublesome given that the stock of homes in the GTA increased markedly over the last 20 years.

Market Watch – Quick Overview

Source (TREB Market Watch)

See Full Report

 

Related Articles
Real Estate Market Watch November 2022 GTA REALTORS® Release November Stats Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period last year, following the trend that unfolded since the commencement of interest rate hikes in the spring. New listings were also down substantially […]
Market Watch April 2020 was the first full month of the pandemic, when the economic impact of COVID-19 was arguably the worst, which explains the year-over-year increase. We have also provided month over month trends for 2021 for better context and deeper market insights. For a breakdown of TRREB’s MLS® System housing figures for April, view our latest Market […]

Muhammad Ashraf Chaudhary Broker

M.Sc, PMP, ABR

CENTURY 21 President Realty Inc. Brokerage

INFO & SERVICES

#246-80 Maritime Ontario Blvd., Brampton, ON L6S0E7

Off: (905) 488-2100

Direct: 416-294-7611

Achaudhaary3080@gmail.com

Muhammad.Chaudhart@century21.ca

Muhammad.chaudhary@c21.ca

 

Find a Home

Terms & Conditions

Privacy Policy

link to Muhammad Ashraf Chaudhary Facebook page Link to Muhammad Ashraf Chaudhar's Twitter page Link to Muhammad Ashraf Chaudhary's Instagram page link to Muhammad Ashraf Chaudhary's YouTube page
C21 Canada logo

Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2020 Century 21 Canada Limited Partnership © 2020 Century 21 Canada Limited Partnership

The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association. Not intended to solicit properties currently listed for sale or buyers under contract.

Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage operation. This e-mail message contains confidential information intended only for the use of the individual or entity named above. Any unauthorized use or disclosure is strictly prohibited. If you have received this communication in error please immediately delete the e-mail and either notify the sender at the above e-mail address or by telephone.

© 2021 MoxiWorks