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  • GTA Resale Housing Prices Up, Sales Down

    Moderate activity and strong prices continued to characterize the Greater Toronto Area (GTA) resale housing market during the first half of July. The average price in the GTA during the first half of July was $379,072, which is a one per cent increase from the $374,254 recorded in the first two weeks of July 2007 and a nine per cent increase ...
    Posted to Varun Mathur (Weblog) by 33910 on July 17, 2008
  • GTA Resale Housing Contiues At Steady Pace In June

    Prices continued their upward trend in the first half June. The GTA average price is currently $398,542, up four per cent over the $384,576 average from the same timeframe a year ago and up 11 per cent from the $358,648 recorded at mid-June 2006.In the City of Toronto the current average price is $439,469, up three per cent over the $424,888 ...
    Posted to Varun Mathur (Weblog) by 33910 on June 18, 2008
  • May 2008 TREB Sales at 9411

    TREB Members saw 9,411 sales of single family dwellings in May, TREB President Maureen O’Neill announced today. “While off last year’s pace, a 9,000 plus sales month is certainly indicative of a healthy market,” said the President.Prices trended upward on a year-over year basis, with the overall average going to 398,148, up ...
    Posted to Varun Mathur (Weblog) by 33910 on June 4, 2008
  • One in three Torontonians would consider buying a condo purely for investment purposes

    Slightly more than one-third of Torontonians (34%) would consider owning a condo solely for investment purposes rather than as their primary residence. 8% have already made this kind of investment. Across Canada, condo popularity is steadily increasing. Almost half of urban Canadians (48%) indicate they would consider buying a condo as their ...
    Posted to Varun Mathur (Weblog) by 33910 on May 26, 2008
  • GTA Resale Housing Market Moderate in May

    Moderate sales and healthy price increases continued to characterize the GreaterToronto Area resale housing market during the first half of May,With 4,422 sales throughout the GTA in the first two weeks of this month, activity has declined 12 per cent compared to the 5,003 homes sold during the first half of May 2007, Prices however, continue to ...
    Posted to Varun Mathur (Weblog) by 33910 on May 20, 2008
  • Sales moderate in April but prices up by 6% in Toronto

    April statistics show that 8,762 houses sold in the Greater Toronto Area. “The market continues to experience a supply and demand situation and to-date it remains a sellers market," The GTA market was down 7 per cent from last April’s record 9,452 transactions. However, it is showing signs for a healthy 2008 compared to the ...
    Posted to Varun Mathur (Weblog) by 33910 on May 5, 2008
  • Strong Condo Sales in Downtown Toronto (C01) in March 2008

    Toronto's Downtown core (C01) has also experienced healthy sales activity so far this month, due to strong condominium apartment sales as well. Overall sales in this area were up 11 per cent compared to a year as opposed to resale homes sale that declined by 14% compared to last year. Condominium apartments have weathered the winter best so ...
    Posted to Varun Mathur (Weblog) by 33910 on March 24, 2008
  • Sales Break 6,000 In Spite Of Winter Weather

    While snow fell in almost record amounts, Toronto Real Estate Board Members recorded a respectable 6,015 sales during the month of February, TREB President Maureen O'Neill announced today. "While sales were down over 2007 (11 per cent), they are in line with historical levels for the month, and they should increase substantially as the ...
    Posted to Varun Mathur (Weblog) by 33910 on March 5, 2008
  • October Sets New Record - Market Watch

    TREB Members recorded 7,915 transactions of single-family homes in October, an all time record for the month, TREB President Maureen O'Neill announced today. "Sales were up 15 per cent over the 6,876 figure recorded in October of 2006, and up about 10 per cent over the 7,227 transactions that took place in October 2003, which was our ...
    Posted to Varun Mathur (Weblog) by 33910 on November 6, 2007