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

Mid July GTA Realty Report

July 20, 2010

Toronto Real estate Board reported 2,790 MLS® sales through during the first two weeks of July 2010 representing a a 37 per cent decrease compared to the 4,437 in the same period last year. New listings were down by by eight per cent  to 5,184. Last summer existing home sales were unusually high after a very slow start to 2009 and continued strong throughout the rest of 2009  increasing in intensity through the first 5 months of 2010. Year over year unit sales will be down year in the second half of 2010. Year-to-date sales are up by more than 18 %  2010 will end up one of the strongest years on record probably in the low 80,000 units.
The average price for July mid-month transactions was $427,931 – up eight per cent compared to the average of $394,750 recorded during the first 14 days of July 2009. Growth in average transaction price will slow as  sales of  units declines.

Summary Of July Sales And Average Price


July                                                    2010                                                                2009


                                                        Sales               Average  Price                   Sales                  Average  Price
                                                                                                                                                       
      City of Toronto    ("416")            1,115                        $458,426                 1,703                       $419,754
        Rest of GTA      ("905")            1,675                        $407,631                 2,734                       $379,174
      GTA                                           2,790                        $427,931                 4,437                       $394,750



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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

                   

 

 

 




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