The Reasons Behind the Surge in the GTA Real Estate Market in 2021
Thursday Apr 08th, 2021Share
According to a recent report released by the Toronto Regional Real Estate Board (TRREB), things are looking out to be quite promising for the Greater Toronto Area (GTA) real estate market in 2021. In addition to selling prices forecasted to break the $1 million record, sales across all market segments are projected to hit the ceiling this year. It is amazing to see that the pandemic hasn’t wreaked havoc on the overall demand of property around the GTA region. In the Infographic below, we look at some booming stats from the first quarter of 2021, as well as delve deep into some of the probable reasons for this surge looking ahead.