9,811 10,021April 2013 April 2012$526,335$515,888April 2013 April 2012Market WatchFor All TREB Member Inquiries:(416) 443-8152For All Media/Public Inquiries:(416) 443-8158April 2013Real GDP GrowthiQ4 2012 t 0.6%Toronto Employment GrowthiiMarch 2013 t 4.1%Toronto Unemployment RateMarch 2013 q 8.4%Inflation (Yr./Yr. CPI Growth)iiMarch 2013 u 1.0%Bank of Canada Overnight RateiiiApril 2013 q 1.0%Prime RateivApril 2013 q 3.0%Mortgage Rates (Apr. 2013)ivChartered Bank Fixed Rates1 Year q 3.00%3 Year q 3.55%5 Year q 5.14%Sources and Notes:Economic IndicatorsiStatistics Canada, Quarter-over-quartergrowth, annualizediiStatistics Canada, Year-over-year growthfor the most recently reported monthiiiBank of Canada, Rate from most recentBank of Canada announcementivBank of Canada, Rates for most recentlycompleted monthSales & Average Price By Major Home Type1,7416 905 Total 416 905 TotalDetached 1,264 3,675 4,939 $852,090 $588,784 $656,170Yr./Yr. % Change -11.8% 2.5% -1.6% 2.5% 2.2% 1.1%Semi-Detached 415 681 1,096 $595,398 $410,739 $480,660Yr./Yr. % Change -5.5% 1.3% -1.4% 2.4% 4.3% 2.7%Townhouse 398 1,123 1,521 $433,710 $375,269 $390,562Yr./Yr. % Change -3.6% -1.2% -1.9% 2.3% 3.5% 3.1%Condo Apartment 1,479 582 2,061 $379,266 $273,832 $349,493Yr./Yr. % Change -1.3% -7.3% -3.1% 5.6% -5.9% 3.1%April 2013Sales Average PriceMarket Conditions Promote Price Growth in AprilTORONTO, May 3, 2013 – Greater Toronto Area REALTORS® reported 9,811 salesthrough the TorontoMLS system in April 2013, representing a dip of two per cent incomparison to 10,021 transactions in April 2012. Both new listings during the monthand active listings at the end of April were up on a year-over-year basis.“Despite the headwinds we have experienced in the housing market this year, Aprilsales came in quite strong in comparison to last year. As we move through the springand into the second half of 2013, the demand for home ownership should continue tofirm-up relative to last year,” said Toronto Real Estate Board President Ann Hannah.“It has been almost a year since the federal government enacted stricter mortgagelending guidelines. It is realistic to surmise that some households, who originally puttheir decision to purchase on hold, are once again looking to buy,” continued Ms.Hannah.The average selling price for April 2013 transactions was $526,335 – up by two per centin comparison to April 2012. The MLS® HPI Composite Benchmark Price was up by 2.9per cent.“The condominium apartment segment in the City of Toronto was a key driver of pricegrowth in April, with both the average selling price and the MLS HPI apartment indexup on a year-over-year basis. The improved condo sales picture, with Toronto salesdown by only one per cent compared to last year, suggests that interest in condoownership may be improving," said Jason Mercer, TREBs Senior Manager of MarketAnalysis.2013 2012 % Chg.Sales 9,811 10,021 -2.1%New Listings 18,270 16,470 10.9%Active Listings 20,866 18,379 13.5%Average Price $526,335 $515,888 2.0%Average DOM 23 21 10.1%Year-Over-Year Summary1,7TorontoMLS Sales Activity1,7TorontoMLS Average Price1,7
July 2010Page 3Toronto Real Estate BoardMarket Watch, April 2013 27YEAR SALES AVERAGE PRICE2002 74,759 $275,2312003 78,898 $293,0672004 83,501 $315,2312005 84,145 $335,9072006 83,084 $351,9412007 93,193 $376,2362008 74,552 $379,3472009 87,308 $395,4602010 85,545 $431,2762011 89,096 $465,0142012 85,512 $497,128January 4,432 $462,655February 6,809 $500,249March 9,385 $500,875April 10,021 $515,888May 10,545 $514,547June 9,129 $507,342July 7,338 $475,523August 6,250 $477,174September 5,687 $501,326October 6,716 $502,103November 5,618 $484,102December 3,582 $477,756Annual 85,512 $497,128January 4,238 $481,985February 5,630 $510,077March 7,606 $518,450April 9,811 $526,335May - -June - -July - -August - -September - -October - -November - -December - -Year-to-Date 27,285 $513,894HISTORIC ANNUAL STATISTICS1,6,72013 MONTHLY STATISTICS1,72012 MONTHLY STATISTICS1,7*For historic annual sales and average price data over a longer time frame go to:http://www.torontorealestateboard.com/market_news/market_watch/historic_stats/pdf/TREB_historic_statistics.pdfNOTES8SNLR = Sales-to-New Listings Ratio. Calculated using a 12-month moving average (sales/new listings).9Mos. Inv. = Months of Inventory. Calculated using a 12-month moving average (active listings/sales).7Past monthly and year-to-date figures are revised on a monthly basis.1Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the TorontoMLS® system between the firstand last day of the month/period being reported.2New listings entered into the TorontoMLS® system between the first and last day of the month/period being reported.3Active listings at the end of the last day of the month/period being reported.4Ratio of the average selling price to the average listing price for firm transactions entered into the TorontoMLS® system between the first and last dayof the month/period being reported.5Average number of days on the market for firm transactions entered into the TorontoMLS® system between the first and last day of the month/periodbeing reported.6Due to past changes to TREBs service area, caution should be exercised when making historical comparisons.