statistics: Toronto / Greater Toronto Area Mid-March Sales Data...What does it show?
- 03/20/10 05:46 PM
Below is the latest press release from Toronto Real Esate Board for the 1st half of March 2010. Where is the market headed? recently, the Federal Government announced some changes to the mortgage rules. My feel is that these rules will lead to a short term (but above average) increase in house prices in the GTA. The increased pressure on the price will stay on until about beginning of July. Then there would be a steep adjustment in house prices. Firstly, due to mortgage rules, and then due to imposition of Harmonized Sales tax that will increase the tax on services (2 comments)
statistics: Greater Toronto Area's Real Estate Statistics for September 2009
- 10/06/09 03:09 PM
September 2009 statistics for GTA were released today by TREB that show that there is no letting down in the number of sales and price increase is consistent with the growth. There is a tremendous gap in demand and supply and dearth of new listings is making the market hotter day by day. After two months of continuous search, I was able to snatch a house for my client winning amultiple offer bid last month in Mississauga. I am still trying to find a home with accessory unit for another client in East Brampton, where similar homes are flying in a day. (0 comments)
statistics: Have seen this before??
- 09/06/09 11:58 AM
In August 2009, Greater Toronto REALTORS® reported 8,035 sales, up 27% per cent from August 2008. The average price for August transactions was $387,921 - up by six per cent compared to the same month last year. For complete market report, please check the link Guess, lots of folks I know who held back when the market had turned to buyer's market and have now missed the boat would be joining The Woulda Coulda Club of 2009.
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statistics: 300,000 Square Feet of Space Leased in July
- 08/25/09 05:51 AM
There is an opportunity for someone wanting to lease office/commercial space. Recession has been helpful to some, to say, at least. Following is a medial release from TREB Commercial Division TORONTO, August 12, 2009
- Last month, TREB Members reported 312,771 square feet of leased industrial, commercial, and office space, Commercial Council Chair Gary Lander announced today. "Volume is down from last year July's 1,072,321 square feet of space traded," Mr. Lander noted. "Many players in the Real Estate leasing market are waiting to see where things settle price-wise before making decisions on taking extra space." Prices declined from year-ago (0 comments)
statistics: July results were a bash for Greater Toronto Area!
- 08/12/09 07:59 AM
July 2009 was a record breaking month. The upward trend in sales and price increase continues here in Toronto and its surrounding areas. Fewer new listings are being introduced in the market which has again led to a trend of multiple offers. Suddenly, it is a selelrs market again. It is nearly impossible to not pay more or close to full asking price for good properties in almost every established neighbourhood.
Here is the preview of what Toronto Real Estate Board had to say: GTA REALTORS® report resale record in July TORONTO - August 6, 2009 -- In July 2009, Greater (0 comments)