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  • 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
  • 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
  • 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
  • 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