treb: 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)
treb: Toronto Real Estate Board Members and HGTV
- 09/30/09 03:21 PM
Last year HGTV sent out an audition call looking for Toronto REALTORS® to be featured in their Realtor vs Realtor reality show. Tonight HGTV airs a new episode for this season. Tune in Wednesday nights at 8pm, you may catch your fellow TREB Members doing what they do best.Show Description: "Realtor vs Realtor is the ultimate real estate challenge show, where two top notch real estate agents face-off to find desperate home buyers the house of their dreams. Each episode features two successful realtors. They may have diametrically different styles but both real estate agents share one thing in common - … (0 comments)
treb: 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)
treb: Toronto and its neighbourhoods continue to have robust sales
- 08/25/09 05:39 AM
I have a real problem. I have too may clients that I cannot find homes for! Yesm their demands are unique, however as soon as any property meeting thier needs hits the market in Mississauga (a suburb of Toronto and part of the Greater Toronto Region), it is "Gone in 60 seconds". No wonder, GTA realtors reported record sales for 1st half of August 2009. Following is the media release from Toronto Real Estate Board
TORONTO, August 18, 2009 - In the first two weeks of August, Greater Toronto
REALTORS® reported 3,832 sales - up 27 per cent compared … (2 comments)
treb: 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)
treb: Greater Toronto Area Sales Data shows growth for the 2nd month in a row..
- 06/02/09 06:11 AM
...and as a matter of some confidence in the environment, the growth surpassed the sales figures of May 2008 sales too. After a lot months with negative news, May brought some positive cheer to the market in the GTA. Overall sales were 9859 sales against 9411 in May 2008 (Source TREB). Inspite of the growth in the sales, the prices in 905- & 416 region were both off by close to 1% when compared to May 2008. Record low mortgage rates were deemed to be the reason for this sudden jump in the sales volume. What needs to be seen … (3 comments)
Below is the latest press release from Toronto Real Esate Board for the 1st half of March 2010. Where is the market headed?
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