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: unit sales

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Normalising market, mid November 2010

November 18, 2010

TORONTO, November 16, 2010 -- Toronto Real estate Board reported 3,076 sales MLS® sales during the first two weeks of November 2010.
This is a 16 per cent fewer than the 3,666 sales year on year the same period in November 2009.

Total year-to-date sales were 78,526 – up a little from 2009 following the pattern already established form the last several months. Average price for mid November transactions was $437,554 – up over five per cent compared Mid November 2009's $415,066 .

I recognise this. It is a normal market in recovery mode from the over-spiced market conditions of early 2009 - 2010

Tagged with: average price unit sales mls stats

Mid October GTA Sales

October 19, 2010

TORONTO, October 18, 2010 – TREB reported 3,012 MLS® sales in the first two weeks of October 2010. A 17 % from the 3,631 sales in first two weeks of October 2009. Year-to-date sales were 71,988, a increase compared to 2009.

The market is continuing to do what markets do best which is to adapt to changing conditions. Month on month sales decreases are moderating, showing the true strength of the GTA realty market.

The average transaction price for October mid-month was $444,644 – up 7% compared to 2009’s price of $414,479.

Summary Of October Sales And Average Price

October

2010 2009

Sales Average Price Sales Average Price

City of Toronto ("416") 1,273 $500,807 1,489 $455,001

Rest of GTA ("905") 1,739 $403,531 2,142 $386,311

GTA 3,012 $444,644 3,631 $414,479

Source: Toronto Real Estate Board

Tagged with: market stats unit sales average price

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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