TREB MLS® sales through the first nine months of 2015 amounted to 80,331, which also
represented a record result and a 9.5 per cent increase compared to the first three
quarters of 2014.
1. GTA REALTORS® RELEASE MONTHLY RESALE HOUSING FIGURES
TORONTO, October 5, 2015 – Toronto Real Estate Board President Mark McLean
announced that Greater Toronto Area REALTORS® reported a record number of
transactions for the month of September through TREB’s MLS® System. There was a
combined 8,200 home sales reported for September 2015. This result was up 2.5 per
cent compared to September 2014.
TREB MLS® sales through the first nine months of 2015 amounted to 80,331, which also
represented a record result and a 9.5 per cent increase compared to the first three
quarters of 2014.
“We are on track for record home sales reported through TREB’s MLS® System this year.
Barring a drastic shift in the economy over the next three months, total transactions
reported by TREB Members in 2015 are expected to be at or near the 100,000 mark. This
is a testament to the importance that GTA households put on home ownership as a long-
term investment,” said Mr. McLean.
The MLS® Home Price Index (HPI) Composite Benchmark Price was up by 10.5 per cent
year over year. The average selling price for all home types combined was also up by 9.2
per cent annually to $627,395. Growth in the MLS® HPI Composite Benchmark and the
average price was driven by the low-rise market segments, including detached and semi-
detached houses and townhouses.
“While September was the second straight month where annual growth in new listings
outstripped annual growth sales, total active listings at the end of the month still remained
below last year’s level. This, coupled with the record pace of sales experienced so far this
year, suggests that competition between buyers will remain strong as we move into the
fourth quarter. Expect strong rates of price growth to continue through the remainder of
2015 and into 2016,” said Jason Mercer, TREB’s Director of Market Analysis.
CONTINUED…
NEWS RELEASE
2. Greater Toronto REALTORS® are passionate about their work. They are governed by a strict Code of Ethics and share a state-
of-the-art Multiple Listing Service. Over 42,000 TREB Members serve consumers in the Greater Toronto Area. TREB is
Canada’s largest real estate board.
MEDIA INQUIRIES: MARY GALLAGHER, SENIOR MANAGER PUBLIC AFFAIRS maryg@trebnet.com
-30-
Summary
of
TorontoMLS
Sales
and
Average
Price
September
1
-‐
30,
2015
2015
2014
Sales
Average
Price
New
Listings
Sales
Average
Price
New
Listings
City
of
Toronto
("416")
3,137
674,922
6,816
3,051
625,971
6,571
Rest
of
GTA
("905")
5,063
597,947
9,261
4,950
542,653
9,000
GTA
8,200
627,395
16,077
8,001
574,424
15,571
TorontoMLS
Sales
&
Average
Price
By
Home
Type
September
1
-‐
30,
2015
Sales
Average
Price
416
905
Total
416
905
Total
Detached
1,051
2,827
3,878
1,053,871
732,852
819,853
Yr./Yr.
%
Change
0.0%
0.9%
0.7%
10.7%
11.6%
11.2%
Semi-‐Detached
318
523
841
740,373
497,775
589,506
Yr./Yr.
%
Change
1.9%
2.5%
2.3%
7.3%
11.1%
9.2%
Townhouse
300
984
1,284
527,257
448,930
467,231
Yr./Yr.
%
Change
2.0%
6.3%
5.2%
10.8%
9.6%
9.7%
Condo
Apartment
1,444
608
2,052
418,603
307,295
385,623
Yr./Yr.
%
Change
5.6%
2.4%
4.6%
5.6%
2.2%
5.0%
Composite
(All
Types)
Single-‐Family
Detached
Single-‐Family
Attached
Townhouse
Apartment
TREB
Total
10.46%
12.01%
11.20%
9.85%
5.65%
Halton
Region
9.39%
9.66%
9.77%
6.86%
-‐
Peel
Region
9.68%
10.46%
10.94%
10.04%
3.26%
City
of
Toronto
8.62%
10.88%
8.54%
8.84%
5.95%
York
Region
13.95%
14.73%
14.70%
12.30%
5.52%
Durham
Region
13.51%
13.26%
14.71%
11.59%
11.58%
Orangeville
10.44%
11.24%
10.37%
-‐
-‐
South
Simcoe
County1
13.31%
12.54%
14.53%
-‐
-‐
Source:
Toronto
Real
Estate
Board
1
South
Simcoe
includes
Adjala-‐Tosorontio,
Bradford
West
Gwillimbury,
Essa,
Innisfil
and
New
Tecumseth