The Toronto Real Estate Board (TREB) reported a total of 11,303 sales in April 2015, the highest number ever recorded for the month and a 17 per cent increase over April 2014. New listings also increased over the previous year, jumping up five per cent.

According to the Canada Mortgage and Housing Corporation (CMHC), an increase in Ontario housing starts in the multi-family sector over the last several months can be attributed to low vacancy rates, growing prices in the detached housing market and increasing urban intensification.

The demand for office property fueled a $10.3 billion investment surge in commercial sectors across the Greater Toronto Area (GTA) during 2014 and retail investment

According to Toronto condominium market analysts Urbanation Inc., a total of 21,605 new condominium apartments were sold in the Greater Toronto Area last year, making 2014 the third best year on record for new condo sales. The number represents a 51 per cent increase over 2013. Sales of existing condos grew 14 per cent, year-over-year, to a record 17,819 units.

A report released by RealNet Canada Inc. (RealNet) and the Building Industry and Land Development Association (BILD) found that, in 2014, ten years after the Ontario government introduced its Greenbelt legislation and began promoting urban intensification, condominium completions hit record highs. Market analysts agree this is no coincidence.

As stated in a report from RealNet Canada Inc. (RealNet), new home sales across the GTA increased by a substantial 41 per cent, year-over-year, in 2014. With 39,736 transactions, the new home industry created thousands of jobs for Canadians while ensuring further job retention for years to come, says the Building Industry and Land Development Association (BILD).

According to the latest rental market survey from Urbanation Inc. (Urbanation), Toronto’s condo rental market broke records in 2014. Condominium apartments rented through the MLS system exceeded the previous year’s record, growing 15 per cent year-over-year, to 22,765 units.

At the end of the 2014 calendar year, Greater Toronto Area home sales, reported through the TorontoMLS system, registered a 6.7 per cent increase over the 2013 sales figure, according to the Toronto Real Estate Board (TREB). In 2014, a total of 92,867 sales were recorded, with 4,446 of them taking place in December.