1 - 14 October MLS sales

Gordon Shirbon
Broker

Coldwell Banker Terrequity Realty, Brokerage
Independently owned and operated

211 Consumers Rd., Ste. 105 , Toronto, ON M2J 4G8

Direct: (416)495-2280 Phone: (416) 496-9220 Fax: (416) 496-2144 Toll: (800) 496-9220

1 - 14 October MLS sales

October 18, 2011

GTA REALTORS® RELEASE MID-MONTH RESALE MARKET FIGURES

Toronto, October 18, 2011 –Toronto Real Estate Board reported 3,477 sales on the TorontoMLS® in the first 2 weeks of October 2011 representing a 20 % increase over the 2,890 sales reported during the same period of 2010. New listings for the same period were up 21 per cent to 6,249.

The average selling price during the first two weeks of October was $475,743 – up 7.5 per cent compared to the same period in 2010.

We seem to be moving into a more balanced market with the increase in listings being higher than the increase in sales. We can predict if this trend continues, a moderation in the rate of house price increase and a more balanced market.

Toronto MLS® Sales and Average Price October 1 – 14 2011

1
                                                           2011                                                       2010
                                                Sales                    Average Price             Sales                     Average Price
City of Toronto ("416")          1408                    $524,553                      1,237                    $499,740

Rest of GTA ("905")               2,069                   $442,527                    1,653                     $400,088

GTA 3,477 $475,743 2,890 $442,742

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April 2012 – GTA MLS Sales.

Toronto, May 3, 2012 – GTA Realtors® reported 10,350 MLS sales for April 2012, 18% higher than the 8,778 sales recorded in April 2011. Sales of single-detached homes were up by 22 % for an average sale price of $650,147.

The average transaction price for April 2012 was $517,556 – up 8.5 % over April 2011. Condo apartments were up by 4% to $339,978.

Affordability remains good and despite the usual hand wringing by the big banks over consumer indebtedness, interest rates look to remain low for the foreseeable future.

Summary of TorontoMLS Sales and Average Price
March 1 - 31
2012				2011
Sales		Average Price		Sales		Average Price
City of Toronto ("416")	3,682		$548,354		3,610		$498,050
Rest of GTA ("905")	6,008		$477,006		5,376		$428,155
GTA	9,690		$504,117		8,986		$456,234

2011 MLS

TORONTO, January 5, 2012 The Toronto Real Estate Board reported 4,718 MLS transactions through the TorontoMLS® system in December 2011. This gave a total of 89,347 for the year – up four per cent in comparison to 2010 and is the second best year on record under the current Toronto Real Estate Board (TREB) boundaries. This despite an extended shortage of listings. . We could have sold more had we the product and possibly kept the year on year price increase below 8%. An increase from the $431,276 of 2010 to $465,412 in 2011. A more sustainable 4% increase is forecast for 2012 to an average price in the $480,000’s

Summary of TorontoMLS® Sales and Average Price
December 1-31			2011				2010
Sales		Ave. Price			Sales			Ave. Price
City of Toronto "416"	1,948			$474,270		1,818			$463,580
Rest of GTA "905"	2,770			$435,378		2,468			$411,383
GTA	4,718			$451,436		4,286			$433,523