Change - The Only Constant

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

Change - The Only Constant

April 19, 2010 - Updated: April 19, 2010

All Change for The New (Old) Reality

TORONTO, April 16, 2010 – During the first two weeks of April the Toronto real Estate Board reported 4,601 sales through the MLS®.
This is a 25 per cent increase over the 3,681 sales recorded during the the first 2 weeks of same period in 2009. New listings increased by 48 per cent annually to 9,512 as the market reacted to the average price increases over the past several months tempting more Sellers into the Market. We are moving to a more balanced, normal market
The average price for April mid-month transactions was $430,271 – up 12 per cent compared to the average of $383,361 recorded during the first 14 days of April 2009.
The average annual rate of price increase will continue to decline as 2010 is compared to the improving market of a year ago to our usual single digit annual price increase. Look for a relatively quiet Summer with further moderation in prices, much more like a traditional market compared to the insanity of the earlier part of the year. My spies are already reporting a reduction in the number of Multiple Offers in the marketplace. Here's to an active and sustainable market.

Summary Of April Sales And Average Price

                                                                                                               APRIL
                                                           2010                                                                                                     2009
                                         Sales                      Average Price                                                                Sales                Average   Price
City of Toronto ("416")     1,837                          $470,532                                                                    1,494                   $412,987
Rest of GTA ("905")         2,764                          $403,514                                                                    2,187                   $362,785
           GTA                      4,601                          $430,271                                                                    3,681                   $383,161
Source: Toronto Real Estate Board

Filed under: market report mid april sales

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MID - JANUARY GTA MLS

GTA REALTORS® RELEASE MONTHLY MARKET FIGURES

TORONTO, February 3, 2012 – Toronto Real Estate Board reported 4,567 MLS sales in January 2012, up 8.8 % from the 4,199 sales reported in January 2011.

The average transaction price for January 2012 was $463,534 – up by almost 9% compared to January 2011.

The hope was that higher prices would produce more listings as the market tries to find equilibrium. But as usual the Buyers are out before the sellers are ready and the resulting imbalance has caused an immoderate price increase and heartache for buyers as they are again forced to compete for scarce listings.

Summary of TorontoMLS® Sales and Average Price
January 1 - 31
2012				2011
Sales		Average Price		Sales		Average Price
City of Toronto ("416")	1,705		$499,045		1,677		$446,458
Rest of GTA ("905")	2,862		$442,380		2,522		$412,000
GTA	4,567		$463,534		4,199		$425,762

ed 1,506 MILS during the first two weeks of January 2012., a 6% increase over the first 14 days of January 2011. New listings were also

2011 GTA MARKET REPORT

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