Toronto Record First Quarter Real Estate Sales

April 6, 2010 by Joyce · Leave a Comment 

April 6, 2010 — Greater Toronto REALTORS® reported 10,430 sales through the Multiple Listing Service® (MLS®) in March, pushing total first quarter 2010 sales to 22,418 – the best result on record under the current Toronto Real Estate Board (TREB) boundaries. The average price for March transactions was $434,696. The average price for the first [...]

What They Sold For Feb 2010

April 6, 2010 by Joyce · Leave a Comment 

Click on the chart to get a full view of it.
The chart above demonstrates Toronto sale prices and who’s buying.  Indicating that despite rising prices 59% of buyers are still in the under $400,000 range. The bulk of these will be first time buyers purchasing condos or lofts in the city.
17% are between $400-$500k and the [...]

Housing Market Activity in Canada

December 28, 2009 by Joyce · Leave a Comment 

Home Sales
Sales activity reached the highest level ever for the month of October. National resale housing activity had a record-breaking month with 45,818 units trading hands. This is up 45 percent compared to October 2008 and 74 percent above the decade low reached in January. Low interest rates, coupled with upbeat consumer confidence, continue to [...]