Greater Toronto REALTORS® reported 3,012 sales through the Multiple Listing Service® (MLS®) during the first two weeks of October 2010.
This represented a 17 per cent decrease compared to the 3,631 sales recorded during the same period in 2009. Year-to-date sales amounted to 71,988, representing a three per cent increase compared to 2009.
“The GTA resale market is balancing ...
Posted by Sara Kareer
on October 19, 2010
GTA Housing Market Conditions Remain Healthy in September
Greater Toronto REALTORS® reported 6,310 sales through the Multiple Listing Service® (MLS®) in September 2010. This represented a 23 per cent decrease compared to the 8,196 sales recorded during the same period in 2009. Through the first nine months of the year, sales amounted to 69,069 – up four per cent ...
Posted by Sara Kareer
on October 6, 2010
August Sales and New Listings Down, Prices Up
Greater Toronto REALTORS® reported 6,232 sales through the Multiple Listing Service® (MLS®) in August 2010. This represented a 22 per cent decrease compared to the 8,035 sales recorded during the same period in 2009. New listings decreased by one per cent year-over-year to 10,488.
"The prospect of interest rate ...
Posted by Sara Kareer
on September 23, 2010
Greater Toronto REALTORS® reported 2,732 sales through the Multiple Listing Service® (MLS®) during the first two weeks of August 2010.
This represented a 29 per cent decrease compared to the 3,832 sales recorded during the same period in 2009. New listings, at 4,770 were down eight per cent compared to the first two weeks of August 2009.
“Throughout the better part of the ...
Posted by Sara Kareer
on August 24, 2010
Greater Toronto REALTORS® reported 6,564 sales in July – a 34 per cent dip from the record 9,967 sales reported in July 2009. New listings, at 10,825, dropped to the lowest level for the month of July since 2002.
“The level of July sales remained below the expected long-term trend. The market has become more balanced following record monthly sales through most of the winter and ...
Posted by Sara Kareer
on August 24, 2010
Market More Balanced in June
Greater Toronto REALTORS® reported 8,442 sales through the Multiple Listing Service® (MLS®) in June. This represented a 23 per cent decrease compared to the record 10,955 sales reported in June 2009. Sales for the second quarter of 2010 amounted to 28,810 – up one per cent annually. Year-to-date sales through June were up 23 per cent ...
Posted by Sara Kareer
on July 8, 2010
May Sales Remain High
Greater Toronto REALTORS® reported 9,470 sales through the Multiple Listing Service® (MLS®) in May, representing a one per cent dip from May 2009. In comparison to previous years, this was the third highest May sales result on record. "The pace of transactions slowed in May following record-setting sales in February, March ...
Posted by Sara Kareer
on June 7, 2010
Secondary homes will bear primary cost of HST
Purchasing a new ski chalet, a new weekend condo, or a new cottage will get a lot more expensive when the Harmonized Sales Tax (HST) comes into effect July 1. Buyers of new homes that do not qualify as a primary residence will bear the full brunt of the 13 per cent HST. The tax will add tens of thousands of dollars to the cost of a ...
Posted by Sara Kareer
on May 18, 2010
TORONTO REAL ESTATE BOARD (TREB) MARKET WATCH REPORT FOR APRIL 2010
April Experiences Record Number of Buyers and Sellers
Greater Toronto REALTORS® reported 10,898 sales through the Multiple Listing Service® (MLS®) in April, representing a 34 per cent increase compared to April 2009. There were also 20,683 new listings in April – a 59 per cent annual increase. ...
Posted by Sara Kareer
on May 6, 2010
Record First Quarter Sales Greater Toronto REALTORS® reported 10,430 sales through the Multiple Listing Service® (MLS®) in March, pushing total first quarter 2010 sales to 22,418 - the best result on record under the current Toronto Real Estate Board (TREB) boundaries. The average price for March transactions was $434,696. The average price for the first quarter was $427,948.
...
Posted by Sara Kareer
on April 15, 2010