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 March Market Report

March 22, 2010

GTA REALTORS® REPORTING BEST MARCH EVER 

TORONTO, MARCH 17, 2010 - Greater Toronto REALTORS® reported 4,353 sales through the Multiple Listing Service® (MLS®) during the first two weeks of March.

This represented a 70 per cent increase over recession hit March of 2009 when only 2,562 sales were recorded .

This is  16 per cent higher than the previous high reached in 2006.

Toronto consumers are demonstrating their faith in the strength and resilience of the GTA Market, and with one eye on the probable interest rate hikes threatened for the last 2 quarters of the year.

The average price for March mid-month transactions was $440,153 – a 20 per cent increase over 2009. New listings within the Toronto Real Estate Board boundaries were up 34 per cent to 8,540

 

 

March

                                             2010                                        2009

                                      Sales     Average Price             Sales     Average Price

City of Toronto ("416")  1,726        $491,680                   987      $400,454

Rest of GTA ("905")     2,627         $406,298                1,575      $343,594

             GTA                  4,353       $440,153                2,562      $365,499


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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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