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

August GTA sales Reprt

September 23, 2010 - Updated: September 23, 2010

Mid-Month Resale Housing Statistics

 

TORONTO, September  2010

 

 

 TREBreported 2,623 MLS®  sales (MLS®) during the first half of September 2010. A 22 per cent decrease compared to the 3,361 in the same period of 2009. However the strength early in the year was sufficient to get year-to-date sales up to 65,455, a six per cent increase over 2009.

 

 

Average price for mid September  was $412,367 – up five per cent from the average of $393,818 recorded in the same period of 2009 and up from the $411,012 of August 2010.

 

May’s average price of $446,593 is this year’s peak. As unit sales fall, average price will inevitably follow. More of a correction than a bursting bubble

 

 

Summary Of September Sales And Average Price

September                                                       2010                                                        2009

                                                                    Sales               Average Price                  Sales              Average Price

City of Toronto ("416")                            978                  $435,643                        1,280                $415,126

Rest of GTA        ("905")                        1,645                  $398,529                        2,081                $380,712

GTA                                                          2,623                  $412,367                        3,361                 $393,818

Source: Toronto Real Estate Board


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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

                   

 

 

 




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