Toronto Real Estate Pulse February 2021
Monday Feb 15th, 2021
As the lockdown continues in Toronto, I hope you and your family are doing well and getting through.
Markets trends observed at the end of 2020 continued in the first month of 2021 with the low-rise property market remaining strong and the condo and rental markets showings signs of a bottom.
See below for updated market reports, including Q4 data for the condo and rental markets.
Earlier this month, the Toronto Regional Real Estate Board released their annual Market Year in Review & Outlook Report. This report is an excellent source of information on the real estate market and expectations for 2021.
Market Watch Report (January 2021)
Home Price Index Report (January 2021)
Rental Market Report (Q4 2020)
Condo Market Report (Q4 2020)
GTA Residential Development Market Update (Q3 2020)
Commercial Realty Watch (Q3 2020)
Bank of Canada Release (January 20, 2021)
Residential Mortgage Rates
Residential Mortgage Rate Charts
Mortgage Calculator & Mortgage Affordability
Commercial Mortgage Rates - Contact me
Follow my Facebook Page for real estate updates.
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Are you thinking about selling your property? Request a free property assessment and go-to-market strategy.
New restrictions fail to dampen Canadian consumer confidence in January (Financial Post)
New forecast says 2021 will be second-best year ever for Toronto home sales (Livabl)
Canadians 'overdoing it' with work-from-home trend: CIBC’s Tal (BNN Bloomberg)
The most housing-friedly recession ever (Financial Post)
Pandemic optimism and bubble warnings leave investors wondering who to trust (CBC)
5 Predictions for Canadian Retail in 2021: Expert Comment (Retail Insider)