Sales Up as Market Remains Tight in AprilTuesday, May 8, 2012
Interest in single-detached homes has been very high, both in Toronto and the surrounding regions. Growth in single-detached listings has not kept up with demand, which means competition between buyers in this market segment increased
Double-Digit Price Growth Due to Tight Market Thursday, April 5, 2012
The GTA resale market has not suffered from a lack of willing buyers this year. Buyers have been spurred on by the positive affordability picture brought about by low mortgage rates. The challenge has been a lack of inventory.
TIght Market Pushes the Average Price Above $500kMonday, March 5, 2012
Competition between buyers has exerted very strong upward pressure on the average selling price. Price growth will continue to be very strong until the market becomes better supplied.
2012 Strong Sales/Price Growth ContinuesMonday, February 6, 2012
REALTORS® reported 4,567 sales this past January; 8.8 % higher than the 4,199 sales in January 2011. Low inventory levels have kept competition between buyers strong, resulting in robust annual rates of price growth over the past year.
Canadian Real Estate Association Revises 2012 ForecastWednesday, January 18, 2012
The Bank of Canada kept its trend-setting Bank Rate at 1.25 per cent on January 17th, 2012. This marks the 11th consecutive policy meeting in which borrowing costs have been left unchanged.
Second-Best Year on Record for SalesThursday, January 5, 2012
Greater Toronto REALTORS® reported 4,718 transactions December 2011. The December result capped off the second-best year on record with a total of 89,347 transactions in 2011.
Healthy Fall Market Continues in November (2011)Tuesday, December 6, 2011
We have seen strong annual sales growth through the 2011 fall market. The increase in transactions has been broad‐based, with strong growth across low‐rise and high‐rise home types throughout the Greater Toronto Area,
Pace of October Home Sales Remain Brisk in GTAThursday, November 3, 2011
Greater Toronto REALTORS® reported 7,642 home sales through the TorontoMLS® in October 2011. This represented an increase of 17.5 per cent compared to the 6,504 transactions reported in October 2010.
September Rounds Out a Strong Third QuarterWednesday, October 5, 2011
Greater Toronto REALTORS® reported 7,658 transactions in September – a 25 % increase over September 2010. Sales during the first three quarters of 2011 amounted to 70,588, representing a 2.6% increase compared to the first nine months of 2010.
Strong August Home Sales for GTA in 2011Thursday, September 8, 2011
With market conditions remaining tight in the GTA, the average selling price continued to grow strongly in August – up by more than 10 per cent year-over-year to $451,663.
July Sales and Average Price on Toronto MLS Up Compared to 2010 Monday, August 8, 2011
Greater Toronto REALTORS reported 7,922 transactions through the TorontoMLS system in July 2011, representing a 23% increase over July 2010.
Toronto House Sales and Average Price Up in JuneTuesday, July 5, 2011
The number of transactions during the first six months of 2011 amounted to 48,189 – down by 4.5 per cent compared to the first half of 2010. The number of transactions during the first six months of 2011 amounted to 48,189 – down by 4.5 per cent co
May 2011 House Sales and Prices IncreaseFriday, June 3, 2011
Greater Toronto REALTORS® reported 10,046 sales in May 2011 – up six per cent compared to May 2010.
Tight Market Results in Strong Price Growth in GTA, April 2011Thursday, May 5, 2011
Market conditions tightened markedly over the last year. April 2011 sales accounted for 62 per cent of new listings during the month – up substantially from 53 per cent in April 2010. Tighter conditions resulted in the average April selling price g
Second Best March on RecordTuesday, April 5, 2011
Greater Toronto REALTORS® reported 9,262 transactions through the Toronto MLS® system in March 2011, representing the second best March result on record. The number of transactions was 11 per cent lower than the record result reported in March 2010.
Average Selling Price Up in February 2011Friday, March 4, 2011
While not representing a record, February 2011 sales were 50 per cent higher than the number reported in February 2009 during the recession and slightly higher than the average February sales over the previous ten years.
Good Start to 2011 in the Greater Toronto AreaFriday, February 4, 2011
Greater Toronto REALTORS® % reported 4,337 transactions through the TorontoMLS® system in January 2011. This result was 13 per cent lower than the record result reported in January 2010.
2010 - Third Best Year for Existing Home SalesWednesday, January 5, 2011
Greater Toronto REALTORS® reported 4,395 existing home sales for the month of December, bringing the 2010 total to 86,170 – down by one per cent compared to 2009.
November 2010 Sales Strong in Greater Toronto AreaFriday, December 3, 2010
Greater Toronto REALTORS reported 6,510 existing home sales in November – down 13 per cent from 7,446 sales in November 2009. New listings were also down 13 per cent annually to 8,642.
October 2010 Price Growth Reflects Healthy Housing Market ConditionsWednesday, November 3, 2010
The average price for October transactions was $443,729 – up five per cent compared to the average of $423,559 reported in October 2009. The average selling price through the first nine months of the year was $430,802.
September 2010 Housing Market Conditions in GTA Remain HealthyTuesday, October 5, 2010
Greater Toronto REALTORS® reported 6,310 sales through the MLS® this month. This represented a 23 per cent decrease compared to the 8,196 sales recorded during the same period in 2009.
August 2010 Sales and New Listings Down, Prices UpFriday, September 3, 2010
Greater Toronto REALTORS® reported 6,232 sales through the Multiple Listing Service® (MLS®) in August 2010. This represented a 22 per cent decrease compared to the 8,035 sales recorded during the same period in 2009.
July 2010 Sales and New Listings Down, Average Price UpThursday, August 5, 2010
Greater Toronto REALTORS® reported 6,564 sales in July 2010 – a 34 per cent dip from the record 9,967 sales reported in July 2009. New listings, at 10,825, dropped to the lowest level for the month of July since 2002.
June 2010 Housing Trends in GTATuesday, July 6, 2010
June gave us a much more balanced market. Greater Toronto Realtors reported 8,442 sales through the MLS in June. This represented a 23% decrease compared to the record 10,955 sales reported in June 2009.
Hot Household Trends for 2010Saturday, January 9, 2010
2010 rings in various household trends that reflect the current economic situation and the desire to live within our means. Preserving the environment is also popular as people continue to purchase eco-friendly products and materials.