Archive for GTA real estate market
Feb 2012, GTA REALTORS® Report Mid-Month Resale Housing Market Figures
The Greater Toronto Realtors reported strong results for the first 14 days of February. Not only did the average sale price increase by 9%, to $491,493 but there were 3206 sales so far this month - also up 9% when compared to the same time period last year. New listing inventory was up 13% compared to last year. “Both buyers and sellers are [...]
January 2012 Oakville, Milton & Burlington Ontario Real Estate Sales Report
Here are January 2012 residential real estate results for Oakville, Milton and Burlington Ontario. The Oakville, Milton & District Real Estate Board (OMDREB) posted 521 sales in January – down 4.4% from January 2011 while the Realtors Association of Hamilton Burlington (RAHB) reported 809 sales – up 9.47 % from last January. 1,187 new listings [...]
Tightening market will mean higher prices
Good news for sellers – average selling prices for 2012 will continue to rise according to the Toronto Real Estate Board. Back to a sellers market once again, now is a great time to get your home listed! To read more about the tightening market, click HERE. For any questions you may have about the [...]
NEW LISTING 224 Tracina Drive, Oakville
Check out Team Gonin’s latest listing at 224 Tracina Drive located in the heart of Coronation Park in Oakville, Ontario. It is a lovely family home on a spectacular lot. Asking price is $799,000. Watch the video of this home below. For any questions you may have about this listing or Suburban Toronto real estate markets [...]
Hot or Not?
Is Canada real estate over-valued? Senior market analyst Jason Mercer says no. Because parts of Canada have such wildly varying markets, it is not accurate to assume that all areas will be affected the same if there was to be a down turn in the reak estate market. “Real estate volatility in Vancouver, for example, [...]
TREB Says Continued Price Growth in 2012
If all continues well in 2012, and if Canada does not see a recession, selling price is expected to increase in the GTA by approximately 4%, making the average selling price $485,000. “TORONTO, January 20, 2012 – Starting with its November 2011 Market Watch publication, the Toronto Real Estate Board (TREB) has been publishing a [...]
Expect demand to be strong in 2012 …
President’s Toronto SUN Column TREB President’s Column as it appears every Friday in the Toronto Sun’s Resale Homes and Condos section. January 13, 2012 – Each January many of us set goals for the year ahead, taking into account household finances and broader economic circumstances. One key yardstick of our nation’s economy is the real [...]
New Listing On Northampton Blvd.
2531 Northampton Blvd., Unit 47. It is a 3 bedroom condo townhome with lovely updates. Asking price is $259,900. Check out the video of this great starter home below. For any questions you may have about this listing or Suburban Toronto real estate markets in Oakville, Milton and Burlington and for information about buying or [...]
Latest In-depth “Market According to Mercer” Video
This is a must watch for any of you that are wondering what is happening in the GTA real estate market now and what is predicted for 2012, especially since the global economy has changed so much! Toronto Real Estate Board’s Senior Manager of Market Analysis, Jason Mercer, has just released his most recent market [...]
