Burlington Real Estate News - Local Housing Market Coverage

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New home sales in the GTA spiked in June compared to the same time last year, and yet, were still significantly below the 10-year average.With the spring market in full swing, competition for GTA real estate is heating up as low listings leave would-be buyers with few options.On Demand: Toronto Housing Market Continues to Tighten as Inventory Lags and Sales Jump

Home sales in the GTA jump up significantly in March, further tightening a housing market that was already struggling with inventory levels.Expert: Market Demand Is ‘Strong, Stable, But Shifting Locations’ "Purchasers are using every penny they have saved. Developers are struggling to make projects work. And this data nerd expects we won’t see much relief ‘til sometime mid next year."Home prices in the GTA were down 17.9% in February compared to the same month last year — the final month before the rate hike cycle began.GO Train riders taking the Lakeshore West line should brace themselves for six months of service cuts, including trains that travel one stop.

With 130,000 people at Toronto's Pearson airport everyday, Learn more about why it is crucial to have a Union Station West at Pearson.The Toronto Real Estate Board found that there was an annual increase in average price in the Halton region.

 

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