Thursday, April 24, 2025 / by Shiela Balanay
Shiela Balanay | #Ontario Blog
Residential sales data from Ontario's MLS® Systems showed a total of 31,062 homes sold in the first three months of the year, marking a significant drop of 20.7% compared to the same period in 2024. The average year-to-date price for homes was $846,188, reflecting a 2.8% decrease compared to last year. This slight dip presents potential opportunities for buyers, as the market finds a healthy balance amid evolving economic conditions, including tariff considerations. As we move into spring, this period of stabilization may offer a more approachable landscape for both buyers and sellers. ...
Saturday, March 22, 2025 / by Shiela Balanay
Ontario MLS® home sales and listings fell in February due to tariff uncertainty
Residential sales across Ontario, reported through MLS® Systems, reached 18,853 units in the first two months of the year—a significant drop of 18.9% compared to the same period in 2024. The year-to-date average price was $839,711, reflecting a slight decrease of 1.7% from the first two months of 2024.
Monday, February 24, 2025 / by Shiela Balanay
Ontario MLS® Home Sales Down, New Listings Up in January
Residential sales activity through MLS® Systems of real estate boards in Ontario totaled 8,912 units in January 2025, marking a 10.1% decline from January 2024. Meanwhile, the average resale home price in Ontario was $834,050, reflecting a modest 1.3% increase from January 2024.
Saturday, January 18, 2025 / by Shiela Balanay
Ontario MLS® Home Sales in 2024 Surpass 2023 Totals
Residential sales activity through MLS® Systems of real estate boards in Ontario reached 180,881 units in 2024, a modest increase of 3.1% compared to 2023. The annual average home price for 2024 was $865,287, reflecting a slight decline of 0.6% from 2023. This steady sales growth and a marginal price adjustment highlight a balanced and resilient real estate market in Ontario.
Saturday, December 21, 2024 / by Shiela Balanay
Ontario MLS® Home Sales Gain Momentum in November!
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 163,344 units in November 2024, a modest increase of 3.3% compared to November 2023. The average price of resale residential homes sold across the province in November 2024 was $863,634, down only 0.5% from November 2023. ...