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Posts tagged with: torontoFebruary 3, 2012 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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Tagged with: average price number of transactions toronto gta April 18, 2011Toronto Real Estate Board Mid April Market Report
TORONTO, APRIL 18, 2011 ‐‐ TREB reported 4,444 sales for the first two
weeks of April 2011 – three per cent down over the same period of 2010. New listings were down 21 per cent compared to 2010.
The average transaction price for the first two weeks of April was $483,165, a 12 per cent increase over the $430,271 reported during the same period last year.
Market activity was still strong reflecting the positive economic environment being enjoyed in the GTA. The 20 to 35 basis point increase in fixed mortgage rates seeming to have little to no effect on sales. The main constriction in the market place seems to be the dearth of listings as the 21% decrease in new listings would indicate. Prices remain healthy and competition between buyers for the properties which are available is leading to numerous multiple offers. The 12% price increase is reflective of this and will hopefully tempt sellers into the Market.
2011 2010
Sales Average Price Sales Average Price
City of Toronto ("416") 1,760 $540,229 1,837 $470,532
Rest of GTA ("905") 2,684 $445,746 2,764 $403,514
GTA 4,444 $483,165 4,601 $430,270
Tagged with: average price sales atats gta toronto suburbs September 2, 2009TORONTO, August 18, 2009 - In the first two weeks of August, Greater Toronto
REALTORS reported 3,832 sales up 27 per cent compared to the first two
weeks of August 2008. The average price for these transactions was up three per
cent year-over-year to $383,796.
Year-to-date sales, at 54,303 are up slightly compared to 54,138 in 2008. Average
price, at $385,603 is down by less than half of a point.
Things have really picked up. real Estae has proven to be the best, safest long term investment. Plus it keeps you warm in winter and dry when it's raining
August 2009 August 2008
Sales Average Price Sales Average Price
City of Toronto ("416") 1,465 $391,252 1,192 $394,563
Rest of GTA ("905") 2,367 $379,181 1,827 $360,326
GTA 3,832 $383,796 3,019 $373,844
Tagged with: toronto gta mid august resales |
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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