Archive for GTA real estate market
May 2012, GTA Realtors Report Mid-Month Resale Housing Market Figures
The Greater Toronto Realtors reported strong results for the first 14 days of May. Not only did the AVERAGE sale price increase by 6%, to $517,242, but there were 5,142 transactions so far this month – up more than 14.5% when compared to the same time period last year. Market conditions remain even tighter than last [...]
APRIL 2012, GTA Realtors Report Mid-Month Resale Housing Market Figures
The Greater Toronto Realtors reported strong results for the first 14 days of April. Not only did the average sale price increase by more than 5%, to $506,954, but there were 4,557 transactions so far this month -up 7% when compared to the same time period last year. Market conditions remain even tighter than last [...]
March 2012, GTA Realtors Report Mid-Month Resale Housing Market Figures
The Greater Toronto Realtors reported strong results for the first 14 days of March. Not only did the average sale price increase by more than 9%, to $502,155 but there were 4,215 transactions so far this month -up 7% when compared to the same time period last year. New listing inventory was down 2% compared to [...]
TREB Market Watch – February 2012
February 2012 real estate results showed strong growth in sales in the GTA area when compared to last year. New listings also increased, but not to the same extent, thereby resulting in tighter market conditions and greater competition amongst buyers. The AVERAGE selling price rose by 11% to $502,508 in February. The housing market in [...]
GTA REAL ESTATE UPDATE AND OUTLOOK FOR 2012, ACCORDING TO MERCER
This is a must watch for any of you that are wondering what is currently happening in the GTA real estate market and what is predicted throughout 2012. Toronto Real Estate Board’s Senior Manager of Market Analysis, Jason Mercer, has just released his most recent real estate market update and outlook for 2012. In it he reviews where [...]
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, [...]
