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February 3, 2012 GTA REALTORS® RELEASE MONTHLY MARKET FIGURES
TORONTO, February 3, 2012 - Toronto Real Estate Board reported 4,567 MLS sales in J [...] January 19, 2012 - Updated: January 19, 2012TORONTO, January 17, 2012 - GTA REALTORS® reported 1,506 MILS during the first two weeks of January 2012., a 6% increase over the first 1 [...] January 5, 2012
December 2011 MLS
TORONTO, January 5, 2012 The Toronto Real Estate Board repoted 4,718 MLS tran [...] December 19, 2011TORONTO, December 16, 2011 -- Greater Toronto REALTORS® reported 2,699 transactions through the TorontoMLS® system during the first 14 days of [...] December 8, 2011
Toronto, December 6, 2011 - Greater Toronto REALTORS® reported an increase of 11% in MLS residential transactions to 7,092, new listi [...] November 28, 2011
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When: Thursday, December 1, 2011
[...] November 16, 2011
TORONTO, November 16, 2011 - The TorontoMLS® system reported 3,379 transactions for the first two weeks of November, a more tha [...] November 3, 2011Toronto, November 3, 2011 - TorontoMLS®reported 7,642 home sales in October 2011. An increase of 17.5 % over the 6,504 transactions repor [...] October 18, 2011GTA REALTORS® RELEASE MID-MONTH RESALE MARKET FIGURES
Toronto, October 18, 2011 -Toronto Real Estate Board reported 3,477 sales on the [...] October 6, 2011 - Updated: October 18, 2011September 2011 Monthly Resale Data
Toronto, October 5, 2011 - The Toronto Real Estate Board reported 7,658 transactions through the TorontoMLSÂ [...] |
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.
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Summary of TorontoMLS® Sales and Average Price
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January 1 - 31
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2012
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2011
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Sales
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Average Price
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Sales
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Average Price
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City of Toronto ("416")
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1,705
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$499,045
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1,677
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$446,458
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Rest of GTA ("905")
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2,862
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$442,380
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2,522
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$412,000
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GTA
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4,567
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$463,534
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4,199
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$425,762
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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
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Summary of TorontoMLS® Sales and Average Price
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December 1-31
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2011
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2010
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Sales
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Ave. Price
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Sales
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Ave. Price
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City of Toronto "416"
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1,948
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$474,270
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1,818
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$463,580
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Rest of GTA "905"
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2,770
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$435,378
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2,468
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$411,383
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GTA
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4,718
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$451,436
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4,286
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$433,523
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