Tag Archive for Tag: average selling price

Tag: average selling price Toronto Real Estate TREB Published October, 2019 Resale Market Figures

  Toronto Real Estate TREB Published October, 2019 Resale Market Figures   Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 8,491 residential sales through TREB’s MLS® System in October 2019. This result represented a 14 per cent increase compared to 7,448 sales reported in October 2018. GTA-wide, sales were up on a year-over-year basis for all major home types.   “A strong regional economy obviously fuels population growth. All of these new households need a place to live and many have the goal of purchasing a home. The problem is that the supply of available listings is

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Tag: average selling price Toronto Real Estate TREB Published September, 2019 Resale Market Figures

  Toronto Real Estate TREB Published September, 2019 Resale Market Figures   Toronto Real Estate Board published that Greater Toronto Area REALTORS® reported 7,825 sales through TREB’s MLS® System in September 2019. This result represented strong year-over-year sales growth of 22 per cent compared to 6,414 sales reported in September 2018. It is important to note, however, that sales remain well-below the record September 2016 peak of more than 9,800 sales.   On a preliminary seasonally adjusted basis, the September 2019 sales level remained in virtually the same as the August 2019 result.   The supply of listings continued to

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Tag: average selling price Toronto Real Estate TREB Published August, 2019 Resale Market Figures

  Toronto Real Estate TREB Published August, 2019 Resale Market Figures   Toronto Real Estate Board (TREB) President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,711 residential sales through TREB’s MLS® System in August, 2019. This result represented a 13.4 per cent increase compared to 6,797 sales reported in August, 2018. On a month-over-month basis, after preliminary seasonal adjustment, sales were up by 0.8 per cent.   “GTA-wide sales were up on a year-over-year basis for all major market segments, with annual rates of sales growth strongest for low-rise home types including detached houses. This reflects the fact

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Tag: average selling price Toronto Real Estate TREB Published July, 2019 Resale Market Figures

  Toronto Real Estate TREB Published July, 2019 Resale Market Figures   Toronto Real Estate Board (TREB) announced that Greater Toronto Area REALTORS® reported 8,595 sales through TREB’s MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018. On a month-over-month basis, sales were up by 5.1 per cent, after preliminary seasonal adjustment.   New listings entered into TREB’s MLS® System in July 2019 were up by 3.7 per cent  compared to July 2018 and by a much lesser annual rate than sales, With annual growth in sales far outstripping annual growth in new listings, market conditions clearly

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Tag: average selling price Toronto Real Estate TREB Published June, 2019 Resale Market Figures

  Toronto Real Estate TREB Published June, 2019 Resale Market Figures   Toronto Real Estate Board (TREB) announced that Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase compared to June 2018. Over the same time period, total new listings remained at a similar level for the month of June, 2019 and active listings at month-end of June, 2019 were down by 5.7 per cent.   Sales and new listings statistics for the first half of 2019 compared to first half of 2018 painted a similar story to that

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Tag: average selling price Toronto Real Estate TREB Published May, 2019 Resale Market Figures

    Toronto Real Estate TREB Published May, 2019 Resale Market Figures     Toronto Real Estate Board President announced that Greater Toronto Area REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019. This result represented a substantial increase of 18.9 per cent over the 15-year low in May 2018, Please note that the result was still below the average for month of May sales for the previous ten years, which stands at almost 10,300.   The year-over-year uptick in sales experienced so far in the second quarter of 2019 suggests that the share of likely home buyers

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Tag: average selling price Toronto Real Estate TREB Published February, 2019 Resale Market Figures

  Toronto Real Estate TREB Published February, 2019 Resale Market Figures   Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 5,025 homes sold through TREB’s MLS® System in February 2019. This sales total was down by 2.4 per cent on a year-over-year basis. Sales were also down compared to January 2019 following preliminary seasonal adjustment.   “The OSFI mandated mortgage stress test has left some buyers on the sidelines who have struggled to qualify for the type of home they want to buy. The stress test should be reviewed and consideration should be given to bringing back 30 year amortizations

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Tag: average selling price Toronto Real Estate TREB Published January, 2019 Resale Market Figures

  Toronto Real Estate TREB Published January, 2019 Resale Market Figures   Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 4,009 home sales through TREB’s MLS® in January 2019 – up by 0.6 per cent compared to January 2018. On a preliminary seasonally adjusted basis, sales were up by 3.4 per cent compared to December, 2018. “It is encouraging to see the slight increase in January transactions on a year-over-year basis, even with the inclement weather experienced in the GTA region during the last week of the month. The fact that the number of transactions edged upwards

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Tag: average selling price Toronto Real Estate TREB Published December, 2018 Resale Market Figures

    Toronto Real Estate TREB Published December, 2018 Resale Market Figures   Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB’s MLS® System in 2018.  This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017.  Total new listings entered into TREB’s MLS® System were down by 12.7 per cent over the same period to 155,823.   The overall average selling price for 2018 transactions, at $787,300, was down by 4.3 per cent year-over-year for all home types combined across the TREB market area.  

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