toronto market watch: Listings to Sales ratios and whats happening in the News
- 03/11/09 12:03 PM
While everyone is concerned about job losses and the declining number of sales a curious thing is happening.Greater Toronto REALTORS® Reported 4,120 Resale Housing Transactions in FebruaryMarch 05, 2009 -- Toronto Real Estate Board Members reported 4,120 sales in February 2009 compared to 6,015 sales recorded in February 2008. The average home price was $361,305 last month compared to $382,048 during the same month last year.That's not a very long banner.BUT the details are what is interesting;In the West section ( that I serve) Last year Feb 08, we had 7,359 listings with 2,358 sales. A ratio of approximately one in … (0 comments)
toronto market watch: Sales are Down but prices refuse to budge
- 12/04/08 06:28 AM
Over 3,600 Sales In NovemberDecember 4, 2008 -- TREB Members recorded 3,640 sales in November 2008 from the 7,313 sales recorded during the same period last year in the GTA, TREB President Maureen O'Neill announced today.The average GTA price in November 2008 was $368,582. During the same period last year, the TorontoMLS system recorded an average of $393,747, and in November of 2006 overall GTA prices averaged $355,727.The 2008 year-to-date sales for the GTA was recorded at 72,086 from last year's 88,695. The year-to-date GTA average price was $379,489 from last year's $375,445Within the 416 area (City of Toronto) there were … (0 comments)
toronto market watch: Changing GTA Resale Housing Market Reflects Economic Times
- 10/17/08 05:04 AM
Activity in the Greater Toronto Area resale housing market moderated considerably during the first half of October with 2,700 homes changing hands, Toronto Real Estate Board President Maureen O'Neill announced today.Sales volumes in the GTA decreased 18 per cent compared to the first half of October 2007, when 3,297 transactions were recorded and are down 10 per cent compared to the same period in 2006 when 3,007 sales took place.In the City of Toronto 1,140 sales took place in the first half of this month. This represents a 21 per cent decline from the 1,446 sales that took place in the … (0 comments)
News, views, rants and commentary about Toronto west Real Estate issues and Local Community events from David Pylyp.
Experience is not expensive... It is Priceless!
While everyone is concerned about job losses and the declining number of sales a curious thing is happening.Greater Toronto REALTORS® Reported 4,120 Resale Housing Transactions in FebruaryMarch 05, 2009 -- Toronto Real Estate Board Members reported 4,120 sales in February 2009 compared to 6,015 sales recorded in February 2008. The average home price was $361,305 last month compared to $382,048 during the same month last year.That's not a very long banner.BUT the details are what is interesting;In the West section ( that I serve) Last year Feb 08, we had 7,359 listings with 2,358 sales. A ratio of approximately one in … (0 comments)
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