Investment in The Coconut Industry by Nancy Cheruiyot
Market watch june 2010
1. SINGLE FAMILY RESIDENTIAL BREAKDOWN
1.6 % 6.8% %
June 2010 24.0 % 0.2
0.1 %
Market More Balanced in June
TORONTO - Tuesday, July 6, 2010 8.4 %
Greater Toronto REALTORS® The average price for June
reported 8,442 sales through the transactions was $435,034 – up 11.5 % 47.5 %
Multiple Listing Service® (MLS®) eight per cent compared to the
in June. This represented a 23 average of $403,972 recorded
per cent decrease compared for June 2009.
to the record 10,955 sales 2.3 % Dwelling Type Sales % Median
“With more homes to 7.0 0.3 % %
%
21.5 % choose
0.1
reported in June 2009. Sales Single Detached 4,006
Detached 98 $460,000
from in the second quarter, many
for the second quarter of 2010 Semi Detached
Semi-Detached 967 99 $372,000
home buyers have been making Condo T.H.
amounted to 28,810 – up one Condo Townhouse 709 98 $280,000
less-aggressive offers. This has
per cent annually. Year-to-date Condo Apt.
Condo Apt 2,024 98 $280,000
8.5 %
resulted in less upward pressure Link
sales through June were up 23 Link 132 99 $348,500
on the average selling price,” Attached/Row
per cent to 50,455 compared to Att/Row/Twnhouse 577 99 $342,000
said Jason Mercer, TREB’s Senior Co-op Apt.
the first six months of 2009. 12.0 % 48.3 %
Co-op Apt 15 97 $229,000
Manager of Market Analysis. Detached Condo
Det Condo 12 98 $432,500
“We experienced a record number “The annual rate of average
of existing home sales during the price growth in the second half of
first half of 2010, but these sales 2010 will be in the single digits.” Housing Market Indicators
June 2009 June 2010 %Change
were weighted more towards
Sales 10,955 8,442 (-23%)
the beginning of the year,”
said Toronto Real Estate Board Median Price New Listings
Active Listings*
13,357
18,704
15,086
23,923
(13%)
(28%)
Days on Market 33 27 (-18%)
President Bill Johnston. “The pace
of home sales has moderated In June, the median price * All figures for single-family dwellings.
from record levels over the past was $367,750, from the
two months with the prospect of $345,000 recorded during
higher mortgage rates.”
June of 2009. n Inside
District Map ............................................................. 2
Annual Average and Median Price Price Category Breakdown......................................2
East District ............................................................. 3
West District ............................................................ 6
Toronto District ......................................................10
500000 Average Median
North District..........................................................12
400000 Annual Summary ...................................................16
300000 Single Family Comparison ....................................16
200000
100000
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
16. District Totals
New Active Listed Sales $ Volume Avg Price Med Price Avg DOM Avg Month
Grand Total 15,086 23,923 N/A 8,442 3,672,555,141 435,034 367,750 27 98
Year N/A N/A 95,882 50,455 21,901,229,135 434,075 369,000 23 99
Annual Summary - Single Family
Year *Number of Sales *Average Price Year *Number of Sales *Average Price
1976 19,025 $61,389 2009
1977 20,512 $64,559 January 2,670 $343,632
1978 21,184 $67,333 February 4,120 $361,305
1979 23,466 $70,830 March 6,171 $362,050
1980 26,017 $75,694 April 8,107 $385,641
1981 29,625 $90,203 May 9,589 $395,609
1982 25,336 $95,496 June 10,955 $403,972
1983 30,046 $101,626 July 9,967 $395,414
1984 31,905 $102,318 August 8,035 $387,921
1985 45,509 $109,094 September 8,196 $406,877
1986 52,919 $138,925 October 8,476 $423,559
1987 43,475 $189,105 November 7,446 $418,460
1988 49,381 $229,635 December 5,541 $411,931
1989 38,960 $273,698
1990 26,779 $255,020 Total** 87,308 $395,460
1991 38,144 $234,313
1992 41,703 $214,971 2010
1993 38,990 $206,490 January 4,986 $409,058
1994 44,237 $208,921 February 7,291 $431,509
1995 39,273 $203,028 March 10,430 $434,696
1996 55,779 $198,150 April 10,898 $437,600
1997 58,014 $211,307 May 9,470 $446,593
1998 55,344 $216,815 June 8,442 $435,034
1999 58,957 $228,372
2000 58,343 $243,255 Year-to-Date** 50,455 $434,075
2001 67,612 $251,508
2002 74,759 $275,231
2003 78,898 $293,067
2004 83,501 $315,231
2005 84,145 $335,907
2006 83,084 $351,941
2007 93,193 $376,236
2008 74,552 $379,347
* Due to District revisions, caution should be exercised when undertaking historical comparisons. Please refer to appropriate maps.
**This figure may not equal the sum of all monthly totals, as the year-to-date total reflects sales reported in error and deals that have fallen through since January 1st.
Single Family Dwelling Sales Comparison
Sales Active Listings Average Price
15000 500000
35000
13500
30000
12000
425000
10500 25000
9000
20000
7500 350000
6000 15000
4500 10000 275000
3000
5000
1500
0 0 200000
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
2009 2010 2009 2010
16 TORONTO REAL ESTATE BOARD