Loading...

GTA Realtors Release April Stats!

Tuesday May 08th, 2018

Share

  GTA REALTORS® Release April Stats May 3 2018 -- Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,792 sales through TREB's MLS® System in April 2018. The average selling price was $804,584. On a year-over-year basis, sales were down by 32.1 per cent and the average selling price was down by 12.4 per cent. The year-over-year change in the overall average selling price has been impacted by both... [read more]

GTA Realtors Release March Stats

Tuesday Apr 10th, 2018

Share

GTA REALTORS® Release March Stats TORONTO, ONTARIO, April 4, 2018 – Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,228 residential transactions through TREB’s MLS® System in March 2018. This result was down by 39.5 per cent compared to a record 11,954 sales reported in March 2017 and down 17.6 per cent relative to average March sales for the previous 10 years. The number of new listings entered... [read more]

GTA REALTORS Release February Stats

Tuesday Mar 13th, 2018

Share

GTA REALTORS® Release February Stats TORONTO, ONTARIO, March 6, 2018 – Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 5,175 residential transactions through TREB’s MLS® System in February 2018. This result was down 34.9 percent compared to the record 7,955 sales reported in February 2017. The number of new listings entered into TREB’s MLS® System totaled 10,520, a 7.3 per cent increase... [read more]

GTA REALTORS Release October Stats

Thursday Nov 30th, 2017

Share

GTA REALTORS® Release October Stats TORONTO, ONTARIO, November 2, 2017 – Toronto Real Estate Board President Tim Syrianos reported 7,118 residential sales through TREB’s MLS® System in October 2017. This result represented an above-average increase between September and October of almost 12 per cent, pointing to stronger fall market conditions. On a year-over-year basis, October sales were down compared to 9,715 transactions in October 2016. Total sales... [read more]

GTA Realtors Release September Stats

Friday Oct 27th, 2017

Share

Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 6,379 sales through TREB’s MLS® System in September 2017. This result was down by 35 per cent compared to September 2016. The number of new listings entered into TREB’s MLS® System amounted to 16,469 in September – up by 9.4 per cent year-over-year. “The improvement in listings in September compared to a year earlier suggests that home owners... [read more]

GTA Realtors Release August Stats

Tuesday Sep 19th, 2017

Share

GTA REALTORS® Release August Stats   September 6, 2017 -- Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 6,357 home sales through TREB's MLS® System in August 2017. This result was down by 34.8 per cent compared to August 2016. The number of new listings entered into TREB's MLS® System, at 11,523, was down by 6.7 per cent year-over-year and was at the lowest level for August since... [read more]

Market Continued to Adjust in July

Thursday Aug 24th, 2017

Share

Market Continued to Adjust in July   Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 5,921 residential transactions through TREB's MLS® System in July 2017. This result was down by 40.4 per cent on a yearover- year basis, led by the detached market segment – both in the City of Toronto and surrounding regions.While sales were down, the number of new listings reported were only slightly (+5.1 per cent) above... [read more]

Active Listing Increase in May!

Friday Jun 23rd, 2017

Share

Active Listings Increase in May June 5, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 10,196 sales through TREB's MLS® System in May 2017 – down by 20.3 per cent compared to 12,790 sales reported in May 2016. Sales of detached homes were down by 26.3 per cent. Sales of condominium apartments were down by 6.4 per cent. Active listings – the number of properties available for sale at the end of... [read more]

Strong Growth in New Listings in April

Tuesday May 30th, 2017

Share

  May 3, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® entered 33.6 per cent more new listings into TREB's MLS® System in April 2017, at 21,630, compared to the same month in 2016. New listings were up by double-digits for all low-rise home types, including detached and semi-detached houses and townhouses. New listings for condominium apartments were at the same level as last year. Total sales for the TREB... [read more]

Tight Market Conditions Continue in March

Thursday Apr 20th, 2017

Share

Tight Market Conditions Continue in March   Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB's MLS® System in March 2017. This result represented a 17.7 per cent increase compared to the 10,260 sales reported in March 2016. For the TREB market area as a whole, annual sales growth was strongest for condominium apartments and detached houses. The number of new listings also... [read more]

Sales Up and Listings Down in February

Monday Mar 20th, 2017

Share

Sales Up and Listings Down in February TORONTO, March 3, 2017 – Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 8,014 residential sales through TREB’s MLS® System in February 2017. Despite the fact that February 2016 had one more day due to the leap year day, this result was up on a year-over-year basis by 5.7 per cent compared to 7,583 sales reported last year. “The February statistics tell me that... [read more]

Strong Start to 2017

Thursday Feb 23rd, 2017

Share

Strong Start to 2017 Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 5,188 residential transactions through TREB's MLS® System in January 2017. This result was up by 11.8 per cent compared to 4,640 sales reported in January 2016. Annual rates of sales growth were higher for condominium apartments than for low-rise home types. January 2017 picked up where 2016 left off: sales were up on a year-over-year basis... [read more]

Why CRA wants $30,000 HST rebates back

Thursday Feb 16th, 2017

Share

Why CRA wants $30,000 HST rebates back Some investors who bought new homes or condos in the past few years planning to flip them in a hot Toronto market are facing HST bills of up to $30,000. That’s because they didn’t read the fine print on the purchase agreement and they now have a problem that relates to the HST rebate that is available to buyers of new homes under certain conditions.  When you buy a new home or condominium, there are rebates for the federal 5... [read more]

Record Sales in 2016

Friday Jan 27th, 2017

Share

Record Sales in 2016 Toronto Real Estate Board President Larry Cerqua announced that 2016 was a second consecutive record year for home sales. Greater Toronto Area REALTORS® reported 113,133 home sales through TREB's MLS® System – up by 11.8 per cent compared to 2015. The calendar year 2016 result included 5,338 sales in December – an annual increase of 8.6 per cent. The strongest annual rate of sales growth in 2016 was experienced for condominium apartments... [read more]

Tight Market Conditions in November

Friday Dec 30th, 2016

Share

TIGHT MARKET CONDITIONS IN NOVEMBER TORONTO, December 2, 2016 – Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 8,547 home sales through TREB's MLS® System in November 2016. This result represented a 16.5 per cent increase compared to November 2015. For the TREB market area as a whole, sales were up on a year-over-year basis for all major home types. The strongest annual rates of sales growth were... [read more]

TIGHT MARKET CONDITIONS PROMPT STRONG PRICE GROWTH

Tuesday Dec 06th, 2016

Share

Toronto Real Estate Board President Dianne Usher announced that both the number of home sales through the ToronotoMLS system and the average selling price were up strongly in May compared to a year ago. Total TorontoMLS sales for May 2014 amounted to 11,079 - a new high for the month of May.  This result was up by 11.4 per cent compared to the 9,946 sales reported in May 2013.  The average selling price for these sales was $585,204, representing an 8.3 per cent year-over-year... [read more]

STRONG GROWTH IN JUNE SALES

Tuesday Dec 06th, 2016

Share

Strong Growth in June Sales  Stepping into his role as President of the Toronto Real Estate Board, Paul Etherington announced a strong increase in residential sales reported through the ToronotoMLS system in June.  Sales were up by 15.4 per cent year-over-year to 10,180 transactions.  New listings were also up compared to 2013, but by a lesser annual rate.  This means that competition between buyers increased in June.   "Home buyers in the Greater Toronto... [read more]

SALES AND AVERAGE PRICE UP YEAR-OVER-YEAR IN JULY

Tuesday Dec 06th, 2016

Share

Toronto Real Estate Board President Paul Etherington reported strong year-over-year growth for July 2014 sales and the average selling price. Sales reported by TREB Members through the TorontoMLS system were up by 10 per cent to 9,198. This was the second-best July sales result on record. “The second half of 2014 started where the first half left off, with very strong demand for the diversity of affordable home ownership options in the Greater Toronto Area.... [read more]

UPGRADES THAT HOLD THEIR VALUE

Tuesday Dec 06th, 2016

Share

Do you have a renovation project in mind – and wonder how much value it will add to your home? Remodeling Magazine recently did a study of renovation projects, comparing costs to added value. Here are some of the results: Replacing a main entry door has a return on investment of over 95%. After all, the entrance to a home is one of the first things a prospective buyer notices. Adding a new deck also adds a lot of value. Depending on the materials used, you can expect to get back... [read more]

PACK YOUR MEMORIES AWAY

Tuesday Dec 06th, 2016

Share

Items that remind us of special people, events, milestones and interests are an important part of what makes a home a home. Pictures on the fireplace mantle, for example, showcase family and friends that are important to us. You might also have trophies, certificates, greeting cards, and other mementoes on display in key places. Of course, all of those things add warmth and meaning to your home. However, if you're preparing your home for sale, it's a good idea to pack those... [read more]

THE IMPORTANCE OF READING AND UNDERSTANDING AN OFFER

Tuesday Dec 06th, 2016

Share

When you make or receive an offer to buy a property, it's important that you read and understand every clause. It is especially important to understand any conditions or any changes that are made to the standard offer. An offer may contain several types of conditions. The most common are "conditional upon arranging financing" and "conditional upon passing a professional home inspection." However, there may be other conditions as well. You should be aware of... [read more]

5 UNUSUAL (BUT EFFECTIVE) HOME STAGING IDEAS

Tuesday Dec 06th, 2016

Share

"Staging" your home is all about making the space in your home as appealing as possible to buyers. You may already know the basics, such as eliminating clutter. Here are some other tips that are less well known yet very effective: Chandeliers. Surprisingly, these are one of the simplest ways to make a foyer, dining room or living room dramatically more eye- catching. You can buy a good-looking chandelier for a few hundred dollars. New linen. This is something many... [read more]

SHOULD YOU SELL FIRST AND BUY LATER? OR VICE-VERSA?

Tuesday Dec 06th, 2016

Share

When you’re thinking of selling your home and buying another, you face the inevitable question: Should I list my property first or buy my new home first? Let’s take a look at both options. If you attempt to buy a property before listing your home, you run into a couple of challenges. First, sellers may not take you seriously as a potential buyer. After all, you haven’t put your own home up for sale. As far as they’re concerned, you might merely be testing... [read more]

WILL THE NEIGHBOURHOOD GO UP IN VALUE?

Tuesday Dec 06th, 2016

Share

When you purchase a home, you’re hoping it will continually go up in value — just like a good investment. However, there’s something else that you want to see go up in value as well: the neighbourhood. In fact, the neighbourhood plays a key role in what the home will be worth in years to come. If the neighbourhood goes down in terms of desirability, so will the market value of the home. That’s why, when shopping for a new home, it’s important to get a... [read more]

WHAT BUYERS DON’T WANT TO SEE IN YOUR BACKYARD

Tuesday Dec 06th, 2016

Share

When you put your home up for sale, you want it to look its best to potential buyers. That’s why you clean, tidy and de-clutter every room. Some sellers, however, miss the backyard. You need to pay just as much attention to that space as you do to the interior of your home. The backyard is as important a living space as the family room. To some buyers, even more. Buyers want to see an attractive backyard space, with the grass cut and the hedges trimmed. The more neat and tidy... [read more]

HOW TO QUICKLY IMPROVE INDOOR AIR QUALITY

Tuesday Dec 06th, 2016

Share

There are many reasons why the air quality in your home may not be at its best. A faulty furnace or an aged carpet are just two potential culprits. Until you get those issues addressed, how do you make your indoor air healthier — today? Here are some ideas: Check the furnace filter. This is one of the most overlooked maintenance items in the home. Any furnace repair person can tell you stories about filters they’ve seen caked in dust. Make sure those aren’t... [read more]

HOW TO DEAL WITH A LOW-BALL OFFER

Tuesday Dec 06th, 2016

Share

If you take care to price your home correctly — that is, at a price that is in line with what similar properties in the area have sold for recently — then you have a good chance of selling it at or near your asking price. That doesn’t mean you won’t get a low-ball offer. You might. So what do you do when that happens? First, understand that the buyer may not necessarily be trying to steal away your home at a bargain-basement price. He might simply be mistaken... [read more]

DECIDING ON THE DISCRETIONARY MOVE

Tuesday Dec 06th, 2016

Share

Sometimes we don't have much choice about selling our home and buying another. Circumstances, such as a job relocation, may have made that choice for us. However, most often the decision to move is discretionary. Sometimes people move simply because they think it's a good idea. They feel that "now" is the right time to find their next dream home. So how do you make that kind of decision? There are, of course, many reasons to make a discretionary move. Usually,... [read more]

Strong Sales Growth Continues in May

Tuesday Dec 06th, 2016

Share

Strong Sales Growth Continues in May TORONTO, June 3, 2016 – Toronto Real Estate Board President Mark McLean announced that there were 12,870 home sales reported through TREB’s MLS® System in May 2016. This result represented a new record for the month of May and a 10.6 per cent increase over the same period last year. In contrast, the number of new listings was down over the same time frame by 6.4 per cent. The decline in listings was experienced in both the low-rise and... [read more]

Strong Sales & Price Growth in August

Tuesday Dec 06th, 2016

Share

Strong Sales & Price Growth in August Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported a record 9,813 sales through TREB’s MLS® System in August 2016. While this sales result was 23.5 per cent above the number of transactions reported for August 2015, it is important to note that the majority of sales are reported on working days and there were two additional working days in August 2016 compared to 2015. When the... [read more]

SALES GROWTH CONTINUES IN SEPTEMBER

Tuesday Dec 06th, 2016

Share

Sales Growth Continues in September  TORONTO, ONTARIO, October 5, 2016 – Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 9,902 sales through TREB’s MLS® System in September 2016. This result was up by 21.5 per cent compared to September 2015. For the region as a whole, strong annual rates of sales growth were experienced for all major home types. The pace of detached sales growth was... [read more]

October Home Sales Up Year-Over-Year

Tuesday Dec 06th, 2016

Share

October Home Sales Up Year-Over-Year TORONTO, November 3, 2016 – Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported a record 9,768 sales through TREB's MLS® System in October 2016 – up by 11.5 per cent compared to October 2015. For the TREB market area as a whole, the largest annual rate of sales growth was in the condominium apartment market segment. Detached home sales were up by 10 per cent year-over-year,... [read more]

READ MORE