Archive for Toronto Condo Market Activity
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 [...]
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 [...]
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 [...]
July 2011 Toronto Real Estate Market Video Analysis Now Ready
Hi, I’m Thomas Cook from Toronto’s Real Estate Team at RE/MAX Hallmark and here is our July 2011 Toronto real estate market report. July’s average sale price was up compared to one year ago but the listing inventory was lower. We’re going to talk about the effect of a drop in the ratio of sales-so-listings (or [...]
Toronto Real Estate Sales Up In June
The Toronto Real Estate Board has released its June 2011 Market Report, reporting that 10,230 homes were sold in the Greater Toronto Area during the month, which is an increase of 21% over June 2010 – the third best June on record, after 2007 and 2009. “The strong June result capped off an interesting first [...]
Comprehensive Analysis Of The Downtown Toronto Condo Market Is A ‘Must Watch’
Many questions have been raised about the status of the downtown Toronto condo market and how sustainable it is. In this multi-part series entitled “Status Of Downtown Toronto’s Condo Market“, you’ll get the facts about what’s happening now and what’s expected to happen in the next few years. There are some surprises along with positives [...]
TD Economics Predicts Rate Will Remain Stable Into 2012
Toronto real estate market predictions are often based on what the mortgage lending rates are. With the latest Bank Of Canada news, and a recent drop in 5-year fixed rate mortgages, it seems that we’re in for a busy rest of 2011. The TD Economics Report now predicts that the Bank Of Canada rate will [...]
Will The Spring Real Estate Market In Toronto Peak In April Or May?
The Toronto real estate house and condominium market this spring is looking a lot like last year with near record sales, low house and condo inventories and imminent interest rate increases predicted for this summer and beyond. Last year, sellers finally realized by early May that they could get a good price for their homes [...]
Toronto’s Real Estate Market Firms Up In November
Despite what you might hear from Tony Wong at the Toronto Star and Garth Turner in his blog, Toronto’s real estate market is doing well! The average YTD sale price is up by 10.5% !!
