Archive for Toronto Real Estate News And Trends
Market Hits New High For Average Sale Price – Year-Over-Year Increase Drops
Hi, it’s Thomas Cook from Toronto’s Real Estate Team at RE/MAX Hallmark and here is our April 2012 Toronto real estate market report. April’s average sale price again hit an all-time record high and the listing inventory is lower than historic levels. April MLS sales totalled 10,350 houses and condominiums in all the districts. This [...]
Is The Market Hitting The Top?
March MLS sales totalled 9,690 houses and condominiums in all the districts. This sales number was up almost 8% from one year ago but up almost 18% above the average for March since the year 2000. Just under one-third of the market sales were condo townhouses and high-rise suites with 2,933 units changing hands during [...]
Is The Toronto Real Estate Bubble REAL Or MANUFACTURED By Media Reports ?
OK, we’ve all been reading about Toronto’s so-called Bubble in real estate but is it real or manufactured? Notice I didn’t say ‘imagined’ because, based on an outsider’s viewpoint, it would certainly seem like a bubble… multiple offers happening and houses going for tens and sometimes hundreds of thousands over the asking price. So let’s [...]
Toronto Real Estate Does It Again – Another Record Month
February MLS sales totalled 7,032 houses and condominiums in all the districts. This sales number was up 12.3% from one year ago and was 12.5% above the average for Februarys since the year 2000. 31.1% of the market sales were condo townhouses and high-rise suites with 2,187 units changing hands during the month. The February [...]
Craig Alexander From TD Economics Gives His 2012 Forcast For Toronto Real Estate
Craig starts off by apologizing for last year’s economic forcast of what would happen to the Toronto real estate market in 2011 – it seems ALL of the economists got it wrong! It’s not often us normal citizens get a change to hear an in-depth, global, nation-wide and Toronto-GTA analysis of what we should expect to [...]
Toronto’s Real Estate Market Continues Strong Due To Low Inventory And No Snow !
January MLS sales totalled 4,718 houses and condominiums in all the districts. This sales number was up 5.3% from one year ago and was about average for Januarys since the year 2000. 32.6% of the market sales were condo townhouses and high-rise suites with 1,489 units changing hands during the month. The January average sale [...]
Toronto Hits Number Two For Real Estate Sales in 2011
December MLS sales totalled 4,718 houses and condominiums in all the districts. This sales number was up 7.3% from one year ago and came in as the 3rd best December in TREB history. 36.2% of the market sales were condo townhouses and high-rise suites with 1,710 units changing hands during the month. Sales for this [...]
Toronto Home Sales Expected To Be Second Best Ever
November MLS sales totalled 7,092 houses and condominiums in all the districts. This sales number was barely changed from October and came in as the 3rd best November in TREB history. Sales for the first eleven months of this year totalled just over 87,000 homes… on track to have an annual sales result of over [...]
October Toronto Real Estate Sales Continue To Post Price Increases
If you look back to news reports and at certain blog commentators from one year ago, all was doom and gloom. Prices were going to fall, people who bought real estate were foolish and renting was the absolute smart thing to do. Unfortunately for all those who took that advice, it hasn’t worked out that [...]
Toronto Real Estate Market Continues To Roll – September Was 2nd Best Ever
Hi, it’s Thomas Cook from Toronto’s Real Estate Team at RE/MAX Hallmark and here is our September 2011 Toronto real estate market report. September’s average sale price was up substantially compared to one year ago but the listing inventory was lower. We’re going to talk about what’s normal and what’s abnormal in the September market [...]
