Year-over-year both sales activity and prices are up in Toronto, according to new data released from TREB.Numbers for the first half of July, state that the number of sales rose by 35 % to 3,609, over last year’s 2,672. “Low mortgage rates, rising incomes and good news on the jobs front have kept consumers confident […]
June 2011 Toronto Real Estate Update
July 10, 2011 by
Toronto Real Estate Boards own Jason Mercer gives us a report on June sales and market in the Toronto Real Estate Board. Sales are high, prices up and listings are still down.
Toronto Real Estate – May Market Statistics
June 10, 2011 by
Both Prices and sales are up, with over 10,000 sales in the month of May. Average selling price is about $485,000.00. Listings are still tight but hopefully we will have more listings coming on the market in the coming months. Right now it is very competitive if you are a buyer. A more balanced […]
Toronto Real Estate Update
May 27, 2011 by
Volume has dropped due to the lack of listings. Prices have increased. Average price in Toronto is now about $477,000. Listen to the video below to get a balanced view on the market from our own Jason Mercer at the Toronto Real Estate Board here in rainy downtown Toronto.
The Heat Goes On In Toronto Real Estate
April 25, 2011 by
Since the beginning of April, the Toronto real estate market has shifted into an even higher gear. Prices for the first two weeks of April averaged $483,165, 12% higher than the same two weeks last year; up until the end of March, prices were tracking about 4-5% ahead of last year. This is perhaps not […]