Gordon Shirbon :: Coldwell Banker Terrequity RealtyManaging Broker

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

Posts tagged with: gta resalehomes stats

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Mid August 2011 MLS sales

August 16, 2011

Toronto Real Esate Board Releases Mid-August Resale Market Data
Toronto, August 16, 2011 – 3,214 sales were reported by TorontoMLS® system during the first
half of August, a 22.5 per cent increase over the first 2 weeks of August 2010. Year-to-date sales have very nearly caught up 2010, down abut 0.5%.
The average selling price was up by almost 7% on an annualized basis to $440,150.

Price increases still show a seller's market but the rate of increase seems to be slowing as an increase in new listing s continues. this should lead to greater price stabilization as we move through to 2012. The Bank of Canada seems to be indicating that as the economy slows it will be forced to keep interest rates low.

August 1 - 14 2011

                                                                                                          2011                                                                        2010
                                                                                            Sales                       Average Price                           Sales                     Average Price
City of Toronto ("416")                                                        1,201                       $443,078                                 1,008                     $427,106
Rest of GTA ("905")                                                            2,013                       $438,404                                 1,614                     $402,868
GTA                                                                                    3,214                       $440,150                                 2,622                     $412,186
Source: Toronto Real Estate Board

Tagged with: gta resalehomes stats

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April 2012 – GTA MLS Sales.

Toronto, May 3, 2012 – GTA Realtors® reported 10,350 MLS sales for April 2012, 18% higher than the 8,778 sales recorded in April 2011. Sales of single-detached homes were up by 22 % for an average sale price of $650,147.

The average transaction price for April 2012 was $517,556 – up 8.5 % over April 2011. Condo apartments were up by 4% to $339,978.

Affordability remains good and despite the usual hand wringing by the big banks over consumer indebtedness, interest rates look to remain low for the foreseeable future.

Summary of TorontoMLS Sales and Average Price
March 1 - 31
2012				2011
Sales		Average Price		Sales		Average Price
City of Toronto ("416")	3,682		$548,354		3,610		$498,050
Rest of GTA ("905")	6,008		$477,006		5,376		$428,155
GTA	9,690		$504,117		8,986		$456,234

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