GTA, July, Homes Sales statistics

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

GTA, July, Homes Sales statistics

August 19, 2009

In July 2009, Greater Toronto REALTORS® reported a record 9,967 sales, up 28 per cent from July 2008.The average price for July transactions was $395,414 – up by six per cent compared to the same month last year. Average price, at $385,808 is down by less than one-half of one per cent.

In July the median price was $339,900, from the $325,000 recorded during July of 2008.

Low interest rates and improved perception of economic conditions are fueling a market very short on inventory. It seems likely that 2009 total sales will exceed 2008 by a comfortable margin – just as long as we can get sufficient listings to satisfy buyer demand.

Now is a great time to move up. The upper end of the market is not as active as the mid to lower price range. This could be the best opportunity in years to move up to the 20 year house.

Filed under: median mean prices market activity

« Back to Posts / Permalink

| | Share

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