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Real estate values differ widely across the country
October 22-2014 In its monetary policy report today, the central bank said housing activity “has been more robust than anticipated, buoyed by continued very low mortgage rates and exhibiting strength beyond a rebound from weather-depressed levels Read More...
No 'bubble' in real estate market
Canadian concerns about a housing bubble are overblown in a country where credit growth is modest and the job market is stable, says Bank of Nova Scotia Chief Executive Officer Brian Porter. This link below provides more info. http://www.bloomberg.com/news/2014-10-12/scotiabank-s-porter-calls-canada-bubble-fears-overblown.htm Read More...
September 2014 - Market Watch stats
The average selling price for September 2014 transactions was $573,676 – up by 7.7 per cent compared to the same period in 2013. Average year-over-year price growth was strongest in the City of Toronto, both for low-rise home types like detached Read More...
Growth in Home Sales Continued in August
TREB reported 7,600 sales through the TorontoMLS system in August 2014. This result was up by 2.8 per cent compared to 7,391 transactions reported in August 2013. Year-to-date sales through the end of August amounted to 65,454, which represented an increase Read More...
Real estate sales in June 2014 - 15% more in transactions
Sales were up by 15.4 per cent year-over-year to 10,180 transactions. New listings were also up compared to the same period in 2013, but by a lesser annual rate. This means that competition between buyers increased in June. “Home buyers in the Greater Read More...
Strong sales and price growth in July 2013
Toronto , August 2, 2013 -- Greater Toronto Area REALTORS® reported 8,544 residential sales through the Toronto Multiple Listing Service® (MLS®) system in July 2013. Total sales were up by 16% compared to July 2012. Over the same period, new Read More...
Rental vacancies drop despite GTA condo boom: Report
The rental market remains tight across the GTA despite a surge of new condos over the last five years. The rental market remains tight across the GTA — and especially in the highly-coveted downtown core — despite a surge of new condos over Read More...
Sales are Up in the first half of January, 2013
TORONTO , January 16, 2013 – Greater Toronto REALTORS® reported 1,469 sales through the TorontoMLS system during the first two weeks of January 2013. This result represented an increase of 2.4 per cent over the 1,435 transactions reported during Read More...
Why GTA housing market will stay strong in 2013
Many economists predicted a local real estate crash this year, with prices falling by up to 25 per cent. I didn’t see that prediction coming true and it didn’t. Nor will do I believe it will happen in 2013. Here’s why: 1. Homes are more Read More...
Mid September stats
TORONTO, September 18, 2012 – Greater Toronto Area (GTA) REALTORS® reported 2,544 transactions through the TorontoMLS system in the first 14 days of September. This result was down by 15 per cent compared to the 2,995 sales reported during the Read More...
Market real estate stats - mid April 2012
Toronto, April 18, 2012 – Greater Toronto REALTORS® reported 4,557 transactions through the TorontoMLS system during the first two weeks of April 2012. This represented an increase of almost seven per cent in comparison to the same period in Read More...
March 2012 Real Estate Sales
“The GTA resale market has not suffered from a lack of willing buyers this year. Buyers have been spurred on by the positive affordability picture brought about by low mortgage rates,” said TREB President Richard Silver. “The challenge Read More...
Mid-november MLS statistics - Greater Toronto
TORONTO , November 16, 2011 -- Greater Toronto REALTORS® reported 3,379 transactions through the TorontoMLS® during the first two weeks of November. This result represented more than a 13 per cent increase compared to November 2010. New listings Read More...
September real estate figures
October 5, 2011 -- Greater Toronto REALTORS® reported 7,658 transactions through the TorontoMLS® system in September – a 25 per cent increase over September 2010. Sales during the first three quarters of 2011 amounted to 70,588, representing Read More...
R.E. Market Watch-May 2011
TORONTO, May 4, 2011 - -- Greater Toronto REALTORS® reported 9,041 existing home sales through the TorontoMLS® system in April 2011. This result was down 17 per cent compared April 2010 when sales spiked to a new record of 10,898. While off last Read More...
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