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Posts tagged with: mls salesMarch 8, 2012GTA REALTORS® FEBRUARY SALES DATA
Toronto, March 5, 2012 – The Toronto Real Estate Board REALTORS® reported 7,032 MLS® sales in February 2012 – up 16 % over February 2011. New listings were up by a lesser 11 per cent to 12,684. Over the first 28 days of February, sales were up by 10% and new listings by 6%.
“No change there then. A mere 2 month’s inventory, still a strong seller’s market evidenced by the Sale Price to List Price ratio of 99% .
The average transaction price in the TREB market area was $502,508 in February – up 11 per cent over to February 2011. The Composite MLS® Home Price Index for TREB, which provides a less volatile measure of price growth compared to the average price, was up by 7.3 per cent compared February 2011.
Market price looks set to continue upward unless the improved numbers tempt more sellers into the Market Place. Bank of Canada said to day that economic data shows that our economy is improving they are going to keep the overnight rate at 1% so we can look forward to a strong market for the rest of 2012.
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Summary of TorontoMLS® Sales and Average Price February 1 – 29
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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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2,686
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$553,519
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2,527
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$497,180
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Rest of GTA ("905")
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4,346
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$470,981
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3,531
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$421,946
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GTA
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7,032
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$502,508
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6,058
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$453,329
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February 16, 2012 GTA REALTORS® Report Mid-February Resale Market Figures
Toronto, February 16, 2012 –Toronto Real Estate Board reported 3,206 MLS® sales in the first 14 days of February 2012 – up by over 9% compared to the 2,933 sales in the same period in 2011. New listings were up by 13 per cent over the same period.
Hopefully some relief in sight for Buyers as the increase in available listings over Sales should help to bring some balance to the Market.
The average selling price during the first 14 days of February was up by 9 % to $491,493 –compared to the first 14 days of February 2011.
Sale price to list price ratio was at a tight 99% reflected in the relatively short days on market of an average of 25 days
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Summary of TorontoMLS® Sales and Average Price
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February 1 - 14
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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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1,214
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$543,068
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1,244
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$499,489
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Rest of GTA ("905")
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1,992
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$460,061
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1,689
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$414,958
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GTA
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3,206
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$491,493
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2,933
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$450,811
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December 19, 2011TORONTO, December 16, 2011 -- Greater Toronto REALTORS® reported 2,699 transactions through the TorontoMLS® system during the first 14 days of December 11 % above the same period in 2010. Year-to-date sales amounted to 87,407 – up 4.3 % compared to 2010.
The average selling price for this period was $460,967 – up 6% in comparison to December 2010. A sustainable level of price growth compared to the frothy 10 - 11 % seen earlier in 2011. More new listings have helped slow the rate of price increase.
Summary of TorontoMLS® Sales and Average Price
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December 1 - 14
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2011
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2010
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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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1,139
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486,414
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1,057
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472,181
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Rest of GTA ("905")
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1,560
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442,388
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1,374
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407,143
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GTA
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2,699
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460,967
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2,431
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435,421
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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.
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Summary of TorontoMLS Sales and Average Price
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March 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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3,682
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$548,354
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3,610
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$498,050
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Rest of GTA ("905")
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6,008
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$477,006
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5,376
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$428,155
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GTA
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9,690
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$504,117
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8,986
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$456,234
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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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