Here is the most recent 4th quarter reports from the Toronto Real Estate Board provided by Richard Silver. Here are the sales and listings of Condominiums or Condos in the Greater Toronto Area. This would include houses, apartments and townhouses...
The document summarizes rental market statistics for the second quarter of 2012 in the Greater Toronto area. It finds that apartment rentals increased 3% year-over-year while listings grew 15%. The average rent for a two-bedroom apartment was $2,088, up 4% from the second year. Strong condo development added to investor-held units on the rental market but demand remained high, keeping vacancy rates low and rents increasing above inflation.
Here is the most recent Rental Market report from the Toronto Real Estate Board from Richard Silver. This gives you house and condo rentals tipping mostly towards the rental market.
Condominium apartment sales in the Greater Toronto area increased 10.5% in the fourth quarter of 2011 compared to the same period in 2010. The average selling price rose 7% to $336,748. Over 70% of sales occurred in the City of Toronto, where the average price was $361,488, up 7% from 2010. The number of new listings rose 14% compared to fourth quarter 2010, but market conditions remained tight, contributing to price increases.
Toronto real estate statistics December 2011John Helfrich
Toronto Real Estate Market Statistics for December 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Toronto Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
The document summarizes real estate data for the Greater Toronto Area in April 2012. It reports that home sales were up 18% compared to April 2011, with the strongest growth in single-detached homes which saw a 22% increase. The average home price rose 8.5% year-over-year to $517,556. While price growth was highest for single-detached homes, condominiums saw a more moderate 4% increase. Affordability remains good due to low mortgage rates, though rates are expected to rise in the next two years.
- Housing sales in the Greater Toronto Area decreased 7.1% in October 2012 compared to October 2011, while the average selling price increased 6.2% to $503,479.
- Despite fewer sales, prices continued to rise above the rate of inflation due to low housing supply and ongoing competition between buyers, especially in the market for low-rise homes.
- The annual rate of price growth has been gradually slowing in recent months as the market supply has improved.
Toronto real estate statistics january 2012John Helfrich
Toronto Real Estate Market Statistics for January 2012. Focus on East End Toronto Homes and East End Toronto Real Estate. The Toronto Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic.
Here is the most recent 4th quarter reports from the Toronto Real Estate Board provided by Richard Silver. Here are the sales and listings of Condominiums or Condos in the Greater Toronto Area. This would include houses, apartments and townhouses...
The document summarizes rental market statistics for the second quarter of 2012 in the Greater Toronto area. It finds that apartment rentals increased 3% year-over-year while listings grew 15%. The average rent for a two-bedroom apartment was $2,088, up 4% from the second year. Strong condo development added to investor-held units on the rental market but demand remained high, keeping vacancy rates low and rents increasing above inflation.
Here is the most recent Rental Market report from the Toronto Real Estate Board from Richard Silver. This gives you house and condo rentals tipping mostly towards the rental market.
Condominium apartment sales in the Greater Toronto area increased 10.5% in the fourth quarter of 2011 compared to the same period in 2010. The average selling price rose 7% to $336,748. Over 70% of sales occurred in the City of Toronto, where the average price was $361,488, up 7% from 2010. The number of new listings rose 14% compared to fourth quarter 2010, but market conditions remained tight, contributing to price increases.
Toronto real estate statistics December 2011John Helfrich
Toronto Real Estate Market Statistics for December 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Toronto Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
The document summarizes real estate data for the Greater Toronto Area in April 2012. It reports that home sales were up 18% compared to April 2011, with the strongest growth in single-detached homes which saw a 22% increase. The average home price rose 8.5% year-over-year to $517,556. While price growth was highest for single-detached homes, condominiums saw a more moderate 4% increase. Affordability remains good due to low mortgage rates, though rates are expected to rise in the next two years.
- Housing sales in the Greater Toronto Area decreased 7.1% in October 2012 compared to October 2011, while the average selling price increased 6.2% to $503,479.
- Despite fewer sales, prices continued to rise above the rate of inflation due to low housing supply and ongoing competition between buyers, especially in the market for low-rise homes.
- The annual rate of price growth has been gradually slowing in recent months as the market supply has improved.
Toronto real estate statistics january 2012John Helfrich
Toronto Real Estate Market Statistics for January 2012. Focus on East End Toronto Homes and East End Toronto Real Estate. The Toronto Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic.
The document provides housing market statistics for the Greater Toronto Area in February 2012. Some key points:
- Housing sales were up 16% and new listings up 11% compared to February 2011. The average selling price rose 11% to $502,508.
- Detached home sales rose 12% with the average price up 13% to $818,815. Condo apartment sales rose 7% with the average price up 4% to $371,334.
- The market remains tight with slightly more than two months of inventory on average. Strong price growth is expected to continue until more listings enter the market.
The document summarizes Toronto real estate market statistics for May 2012. It reports that home sales increased 11% compared to May 2011, with 10,850 transactions. Average home prices rose 6.5% to $516,787. Price growth was strongest for low-rise homes, while new listings grew over 20% year-over-year, which may help moderate future price increases if the pace continues. Overall, the Toronto real estate market showed solid sales and price growth in May 2012 compared to the previous year.
The document summarizes real estate data for the Greater Toronto area in May 2012. It reports that home sales increased 11% compared to May 2011, with 10,850 transactions. Average home prices rose 6.5% to $516,787. While sales growth was strongest in areas surrounding Toronto, average price growth was driven by the low-rise market segment within the city. Strong competition between buyers for low-rise homes contributed to price increases, but annual price growth is expected to moderate as new listings rise substantially above year-ago levels.
- Sales of homes in the Greater Toronto Area through the Toronto MLS system were down 17% in March 2013 compared to March 2012, with 7,765 transactions in March 2013 versus 9,385 in March 2012.
- The average selling price in March 2013 was up 3.8% compared to March 2012, rising to $519,879 from $500,875.
- For the first quarter of 2013, home sales were down 14% compared to the first quarter of 2012, while the average price rose 3.2% to $508,066.
The document summarizes commercial real estate market trends in Toronto for the first quarter of 2013. It reports that 4.5 million square feet of space was leased, a 4.5% decrease from the previous year. Industrial space made up 78% of leased space. Average industrial lease rates increased 4.4% to $5.15 per square foot. There were 274 commercial property sales, down from 334 the previous year, and the average industrial sale price decreased slightly to $61.10 per square foot.
Pw C Ts Mid Year M&A Forecast Release 06.23.10mherndon1
PricewaterhouseCoopers predicts that while large cap M&A deals will remain challenging in the second half of 2010 due to economic uncertainty, looming tax increases will drive increased middle market deal activity from strategic buyers and financial sponsors. While overall M&A deal value and volume declined in the first half of 2010, credit remains available from banks and other lenders. The report identifies several sectors that are expected to see consolidation and increased deal activity in the second half, including healthcare, oil and gas, power and utilities, and technology.
The document summarizes the key findings of Hilton-Baird Financial Solutions' fourth SME Trends Index survey of over 450 UK business owners and finance directors in April 2012. The survey found that the overall business health index, which measures factors like turnover and profitability, rose to its highest level since 2010. Additionally, the proportion of respondents expecting business expansion in the next six months increased. However, generating new business remains the top concern, and credit cards have surpassed cash flow as the most widely used form of financing.
Deccan Chronicle Holdings reported quarterly results below estimates due to political unrest in Andhra Pradesh. Revenue grew 6.3% year-over-year to Rs191.7 crore, below estimates, due to weak circulation and advertising revenue. Earnings declined 20.2% to Rs6.5 crore due to lower revenue and higher taxes, despite gross margin expansion from lower paper costs. The analyst maintains a Buy rating but lowers revenue and earnings estimates and the target price to Rs193 per share based on discounted valuation of the print business and IPL team.
The economy in Georgia grew by an estimated 4.6% in 2011 and is projected to slow to 3.5% growth in 2012 and rebound to 4.5% in 2013. Businesses in Georgia are more optimistic about the economy and hiring compared to the EU average, but the high cost and limited availability of long-term financing remain major constraints. The government budget was in surplus in 2011 but growth forecasts may squeeze the 2012 budget.
Here are the most recent reports from the Toronto Real Estate Board about the activity in the Condominium resale market...Not to be confused with the New Condo Market which is mostly direct through the builder.
The document contains charts analyzing the Toronto housing market from 2007-2010. It shows trends in MLS sales, new listings, average prices, and sales-to-listing ratios. The ratios indicate that when they increase, average annual price growth increases, and vice versa. The affordability chart shows the percentage of average household income needed for a mortgage, taxes and utilities on an average-priced home, which peaked near 50% in 2010.
The document summarizes housing market trends in Toronto from January 2011. It includes six charts showing trends over previous years for MLS sales, new listings, sales to new listings ratio, average home price, and affordability. The charts indicate that 2011 trends were consistent with seasonal patterns from previous years for these housing market indicators.
This document addresses questions related to the Consent Agreement between CREA and the Competition Tribunal and Ontario's Real Estate and Business Brokers Act (REBBA) of 2002. It clarifies that under the agreement, brokers must be allowed to merely post listings on MLS without providing other services, but all Ontario registrants must still comply with REBBA and its regulations. The questions and answers provide guidance on issues like verifying listing accuracy, obligations to buyers, record keeping for different roles, and advertising requirements.
The document contains charts analyzing the Toronto housing market from 2008-2011. It shows trends in MLS sales, new listings, average prices, and the ratio of sales to new listings. The sales to new listings ratio indicates that when it increases, annual price growth generally increases, and when it decreases annual price growth generally declines. Moving averages are also shown to illustrate trends over time despite seasonal fluctuations. Higher sales to new listings ratios correlate with higher annual price growth.
The document contains charts analyzing the Toronto housing market from 2007-2010. It shows trends in MLS sales, new listings, average prices, and sales-to-listing ratios. The ratios indicate that when they increase, average annual price growth increases, and vice versa. The affordability chart shows the percentage of average household income needed for a mortgage, taxes and utilities on an average-priced home, which peaked near 50% in 2010.
The document contains charts summarizing housing market trends in Toronto from 2009-2012. It shows sales, new listings, average prices, and the ratio of sales to new listings have seasonal fluctuations and can be compared year-over-year. Higher sales-to-listing ratios typically correspond to greater price growth. Trend lines show directional changes in sales, listings, and prices over the long term. The affordability indicator charts the percentage of average household income needed for housing costs on a median priced home.
The document provides housing market statistics for the Greater Toronto Area in February 2012. Some key points:
- Housing sales were up 16% and new listings up 11% compared to February 2011. The average selling price rose 11% to $502,508.
- Detached home sales rose 12% with the average price up 13% to $818,815. Condo apartment sales rose 7% with the average price up 4% to $371,334.
- The market remains tight with slightly more than two months of inventory on average. Strong price growth is expected to continue until more listings enter the market.
The document summarizes Toronto real estate market statistics for May 2012. It reports that home sales increased 11% compared to May 2011, with 10,850 transactions. Average home prices rose 6.5% to $516,787. Price growth was strongest for low-rise homes, while new listings grew over 20% year-over-year, which may help moderate future price increases if the pace continues. Overall, the Toronto real estate market showed solid sales and price growth in May 2012 compared to the previous year.
The document summarizes real estate data for the Greater Toronto area in May 2012. It reports that home sales increased 11% compared to May 2011, with 10,850 transactions. Average home prices rose 6.5% to $516,787. While sales growth was strongest in areas surrounding Toronto, average price growth was driven by the low-rise market segment within the city. Strong competition between buyers for low-rise homes contributed to price increases, but annual price growth is expected to moderate as new listings rise substantially above year-ago levels.
- Sales of homes in the Greater Toronto Area through the Toronto MLS system were down 17% in March 2013 compared to March 2012, with 7,765 transactions in March 2013 versus 9,385 in March 2012.
- The average selling price in March 2013 was up 3.8% compared to March 2012, rising to $519,879 from $500,875.
- For the first quarter of 2013, home sales were down 14% compared to the first quarter of 2012, while the average price rose 3.2% to $508,066.
The document summarizes commercial real estate market trends in Toronto for the first quarter of 2013. It reports that 4.5 million square feet of space was leased, a 4.5% decrease from the previous year. Industrial space made up 78% of leased space. Average industrial lease rates increased 4.4% to $5.15 per square foot. There were 274 commercial property sales, down from 334 the previous year, and the average industrial sale price decreased slightly to $61.10 per square foot.
Pw C Ts Mid Year M&A Forecast Release 06.23.10mherndon1
PricewaterhouseCoopers predicts that while large cap M&A deals will remain challenging in the second half of 2010 due to economic uncertainty, looming tax increases will drive increased middle market deal activity from strategic buyers and financial sponsors. While overall M&A deal value and volume declined in the first half of 2010, credit remains available from banks and other lenders. The report identifies several sectors that are expected to see consolidation and increased deal activity in the second half, including healthcare, oil and gas, power and utilities, and technology.
The document summarizes the key findings of Hilton-Baird Financial Solutions' fourth SME Trends Index survey of over 450 UK business owners and finance directors in April 2012. The survey found that the overall business health index, which measures factors like turnover and profitability, rose to its highest level since 2010. Additionally, the proportion of respondents expecting business expansion in the next six months increased. However, generating new business remains the top concern, and credit cards have surpassed cash flow as the most widely used form of financing.
Deccan Chronicle Holdings reported quarterly results below estimates due to political unrest in Andhra Pradesh. Revenue grew 6.3% year-over-year to Rs191.7 crore, below estimates, due to weak circulation and advertising revenue. Earnings declined 20.2% to Rs6.5 crore due to lower revenue and higher taxes, despite gross margin expansion from lower paper costs. The analyst maintains a Buy rating but lowers revenue and earnings estimates and the target price to Rs193 per share based on discounted valuation of the print business and IPL team.
The economy in Georgia grew by an estimated 4.6% in 2011 and is projected to slow to 3.5% growth in 2012 and rebound to 4.5% in 2013. Businesses in Georgia are more optimistic about the economy and hiring compared to the EU average, but the high cost and limited availability of long-term financing remain major constraints. The government budget was in surplus in 2011 but growth forecasts may squeeze the 2012 budget.
Here are the most recent reports from the Toronto Real Estate Board about the activity in the Condominium resale market...Not to be confused with the New Condo Market which is mostly direct through the builder.
The document contains charts analyzing the Toronto housing market from 2007-2010. It shows trends in MLS sales, new listings, average prices, and sales-to-listing ratios. The ratios indicate that when they increase, average annual price growth increases, and vice versa. The affordability chart shows the percentage of average household income needed for a mortgage, taxes and utilities on an average-priced home, which peaked near 50% in 2010.
The document summarizes housing market trends in Toronto from January 2011. It includes six charts showing trends over previous years for MLS sales, new listings, sales to new listings ratio, average home price, and affordability. The charts indicate that 2011 trends were consistent with seasonal patterns from previous years for these housing market indicators.
This document addresses questions related to the Consent Agreement between CREA and the Competition Tribunal and Ontario's Real Estate and Business Brokers Act (REBBA) of 2002. It clarifies that under the agreement, brokers must be allowed to merely post listings on MLS without providing other services, but all Ontario registrants must still comply with REBBA and its regulations. The questions and answers provide guidance on issues like verifying listing accuracy, obligations to buyers, record keeping for different roles, and advertising requirements.
The document contains charts analyzing the Toronto housing market from 2008-2011. It shows trends in MLS sales, new listings, average prices, and the ratio of sales to new listings. The sales to new listings ratio indicates that when it increases, annual price growth generally increases, and when it decreases annual price growth generally declines. Moving averages are also shown to illustrate trends over time despite seasonal fluctuations. Higher sales to new listings ratios correlate with higher annual price growth.
The document contains charts analyzing the Toronto housing market from 2007-2010. It shows trends in MLS sales, new listings, average prices, and sales-to-listing ratios. The ratios indicate that when they increase, average annual price growth increases, and vice versa. The affordability chart shows the percentage of average household income needed for a mortgage, taxes and utilities on an average-priced home, which peaked near 50% in 2010.
The document contains charts summarizing housing market trends in Toronto from 2009-2012. It shows sales, new listings, average prices, and the ratio of sales to new listings have seasonal fluctuations and can be compared year-over-year. Higher sales-to-listing ratios typically correspond to greater price growth. Trend lines show directional changes in sales, listings, and prices over the long term. The affordability indicator charts the percentage of average household income needed for housing costs on a median priced home.
Richard Silver is a top-ranked real estate salesperson and director with the Toronto Real Estate Board. He has 30 years of experience in real estate and believes that one is never too old to reinvent themselves. Silver is an early adopter of technology and social media, using various online platforms like his website, blog, Twitter, Facebook, LinkedIn and YouTube to market himself and stay connected with his network. He gives a presentation on utilizing different social media tools for real estate professionals and how to establish an online brand and presence.
The document contains charts summarizing housing market trends in Toronto from 2007-2010. It shows declines in home sales and listings during the recession followed by gradual recovery in 2010. It also charts the ratio of sales to listings, average home prices, and trends over time, finding that price growth correlates with higher sales to listing ratios. Finally, it shows the affordability indicator, measuring the percentage of household income required for mortgage payments, taxes and utilities on an average home.
The condominium apartment market in the Greater Toronto Area saw a decline in the fourth quarter of 2012 compared to the same period in 2011. Sales fell 23% to 3,830 units and the average price dipped 1% to $332,410. Strong completions in 2011 and early 2012 led to more listings and moderated price growth as buyers had more options. The rental market saw a rise in transactions and listings, with average rents up year-over-year for one and two bedroom units.
The document summarizes rental market data from the Toronto Real Estate Board for the fourth quarter of 2012. Some key points:
- Rental transactions of condominium apartments through the TorontoMLS system were up 13% in Q4 2012 compared to Q4 2011. Listings were up 18%.
- One and two bedroom units made up the majority of transactions. Average rents for one bedrooms rose 4% and two bedrooms rose 2%.
- While listings grew more than transactions, indicating a better-supplied market, rent increases continued above inflation, suggesting no oversupply.
Greater Toronto Area REALTORS® reported 5,793 sales in November 2012 – down by 16 per cent compared to November 2011. “Transactions have been down on a year-over-year basis since June, after being up substantially in the last half of 2011 and the first half of 2012. Some buyers pulled
The document provides home sales data for the Greater Toronto area in June 2012. It reports that home sales were down 5.4% compared to June 2011, with the largest decline in the City of Toronto at 13%. The average home price increased 7.3% to $508,622 compared to June 2011. Low-rise home types such as detached homes and semis drove the price growth in June.
The document summarizes residential real estate sales data for the Greater Toronto Area in November 2011. Some key points:
- Total sales in November 2011 were 7,092, up 11% from November 2010. New listings increased 14% year-over-year.
- The average sale price in November was $480,421, an increase of 10% from November 2010.
- By home type, detached homes had the highest average price at $611,364, while condo apartments had the lowest at $338,251.
Toronto real estate statistics november 2011John Helfrich
Toronto Real Estate Market Statistics for November 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Toronto real estate statistics july 2011John Helfrich
Toronto Real Estate Market Statistics for July 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Toronto Real Estate Market Update june 2012jefftoleary
The document summarizes Toronto real estate market statistics for May 2012. It reports that home sales increased 11% compared to May 2011, with 10,850 transactions. Average home prices rose 6.5% to $516,787. Price growth was strongest for low-rise homes, while new listings grew over 20% year-over-year, which may help moderate future price increases if the pace continues. Overall, the Toronto real estate market showed solid sales and price growth in May 2012 compared to the previous year.
Below is the latest resale market figures for August in Greater Toronto Area which inlcude both the 416 and 905 region. There has been a reduction in Sales for August from last year at this time however it should be noted that last year was the second highest year in the history of the Toronto Real Estate Board. Personally I continue to be quite bullish about the Toronto market as I am noticing more the ever, a more suburban City turning into a more urban City: Larger population and immigration, making homes more expensive and expanding upward.
- Sales of homes through the TorontoMLS system in August 2012 were down 12.5% compared to August 2011, while new listings were down 5.5%.
- The average selling price in August 2012 was up 6.5% compared to August 2011, driven by a 15% increase in prices of single detached homes in Toronto.
- While sales were down year-over-year, listings also declined, keeping market conditions tight with competition between buyers, especially in the low-rise segment.
Toronto real estate statistics October 2011John Helfrich
Toronto Real Estate Market Statistics for October 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
- 7,642 homes were sold in October 2011 through the TorontoMLS, a 17.5% increase from October 2010. The average selling price was $478,137, an 8% increase.
- The pace of home sales remained brisk in October with the annualized sales rate above 90,700, the average for the first three quarters of 2011. Sellers' market conditions remained in many parts of the GTA.
- Detached homes had the highest average price at $597,314, followed by semi-detached at $441,772, while condo apartments had the lowest average price at $341,571. All major home types saw year-over-year price increases between 6-
Toronto Real Estate Statistics september 2011John Helfrich
The document summarizes real estate sales data for the Greater Toronto area in September 2011. It reports that home sales increased 25% compared to September 2010, with 7,658 transactions. For the first three quarters of 2011, sales increased 2.6% compared to the same period in 2010. The average selling price continued to grow by close to 10% year-over-year in September. Market conditions were tighter as annual growth in sales outpaced annual growth in new listings.
- In September 2012, there were 5,879 home sales through the Toronto Regional Real Estate Board, down 21% from September 2011. However, sales were only down 12.5% when accounting for fewer working days.
- The average selling price in September 2012 was $503,662, an increase of over 8.5% from September 2011. Price growth was strongest for low-rise home types.
- Inventory levels remain low historically, which is contributing to ongoing price growth expected through 2013, especially for low-rise homes.
Toronto real estate statistics august 2011John Helfrich
Toronto Real Estate Market Statistics for August 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
- Sales of homes in the Greater Toronto Area through the TorontoMLS system were down in December 2012 compared to December 2011, with 3,690 sales versus 4,585. Total sales for all of 2012 were also down compared to 2011, at 85,731 versus 89,096.
- The average selling price in December 2012 was up 6.5% year-over-year to $478,739. The average selling price for all of 2012 was up almost 7% to $497,298.
- Price growth was strongest for low-rise homes like detached houses, semis and townhouses, while sales dipped due to stricter lending guidelines causing some buyers to postpone purchases.
The document provides housing market statistics for the Greater Toronto Area in December 2012 and for all of 2012. It reports that home sales were down year-over-year in December 2012 but that the average home price increased 6.5% to $478,739. For the full year 2012, sales were down slightly from 2011 but the average home price rose almost 7% to $497,298. The summary also indicates that price growth was strongest for detached homes and that market conditions remained tight for these property types.
Similar to Toronto: Third Quarter Condo Report 2012 (20)
The document summarizes statistics about the Indo-Canadian population in Canada. It states that the number of immigrants from India grew 74% from 2001 to 2011. Approximately 40,000 people of Indian origin immigrate to Canada annually, making up 14% of all immigrants. Over half of Indo-Canadians live in the Greater Toronto Area, with a strong presence in Brampton where they comprise a third of the population. The document also provides comparisons between population statistics in India and Canada.
This document provides guidelines and information for non-resident and new to Canada mortgage applicants. For non-resident purchases, mortgages are restricted to 65% LTV with proof of income or 80% LTV for US owners occupying. A full appraisal and documents signed in Canada are required. New to Canada applicants must have been in Canada for 3-5 years and have permanent resident status to be eligible for insured mortgages up to 95% LTV or uninsured mortgages with a minimum 35% down payment and 12 months of PIT payments available. The document was presented by Hanley Mortgage Group and Oriana Financial.
Richard Silver is a senior vice president of sales at Sotheby's International Realty Canada who leads their Torontoism team. He discussed Toronto's status as one of Canada's largest cities, with a population over 5 million, and its diverse economic sectors focused on finance, commerce, industry, tourism, arts, and sports. Toronto has many top universities and private/public schools and excellent health care/research institutions.
Richard Silver, a senior vice president at Sotheby's International Realty Canada, has extensive experience in real estate as a past director at CREA and president of the Toronto Real Estate Board. He leads the Torontoism Team which is marketing a new construction property in a neighborhood of older Victorians, where the seller wants an off market price given its location in a rougher area, though it is walkable to a business center.
Here are the slides that will be presented at the West Vancouver Sotheby's International Realty Canada office on July 8th, at 11 PM and again presented in Sarasota for Premier Sotheby's in Sarasota Florida, on September 27th and for the Realtor Association of Sarasota and Manatee on September 28th, 2016.
On December 1st, I taught a seminar about why REALTORS® should consider going paperless. The focus of the seminar was on dealing with paperless transactions, involving document creation, electronic signatures, document storage and of course, how to organize the paperless documents. PICRA stands for the PROFESSIONAL IRANIAN CANADIAN REALTOR ASSOCIATION and is a great organization that serves REALTORS in the Toronto marketplace.
A quick update on options that exist in the marketplace for going paperless and using electronic signatures in the sale of property in Ontario, Canada.
Richard Silver presented on going paperless in real estate transactions. He discussed the benefits of electronic documents and signatures for agents, teams, brokers, and associations. This includes increased accessibility, speed, being more environmentally friendly, and improved risk management. Potential concerns include security and getting all parties to adopt electronic processes. Silver recommended tools like Docusign, Instanet, Dropbox, Evernote, Dotloop, Google Drive, and The Paperless Agent to help real estate professionals transition to paperless transactions.
This document discusses various apps that can help real estate agents in their work. It lists apps for staying organized with documents and travel plans, signing documents electronically, managing passwords, accessing files from any device, seeing what clients are searching for, understanding client design interests, keeping up with social media, measuring listing spaces, conducting open houses, translating languages, converting currencies, making international phone calls, expanding an international client network, and maintaining a healthy lifestyle. The document promotes these apps as ways for real estate agents to work more efficiently.
Here are the February 2013 Toronto Housing Market Charts presented by the Toronto Real Estate Board which is the largest Real Estate Association in North America with over 36,000 members. Lots of homes for sale, sold and great three year history of activity!
Over the past 20 plus years I have been a big supporter of Casey House Hospice. The need has never been greater and Toronto's Casey House has come forward as an example of Community, Business and Government working together. Within this 12 page supplement there are stories that will make you laugh and make you cry. I hope you enjoy the read and if you have stories that you can share, please do so.
Yesterday early morning, there was a meeting of the Toronto Condo Network and we had a great discussion about the Toronto Condo market with Consultant N. Barry Lyons who is an expert in what is happening in the Toronto Condo marketplace.
The Hazelton Avenue Heritage Conservation District Plan area is located in the Yorkville Neighbourhood within the City of Toronto. Defined as Areas of Special Identity in the Official Plan, the significant historical and architectural character of the Yorkville Triangle and Scollard Hazelton areas, make it an important part of the City’s rich legacy of neighbourhoods.
The document summarizes housing market data for the Greater Toronto Area (GTA) in January 2013. It reports that home sales were down slightly from January 2012 with 4,375 transactions in 2013 compared to 4,432 in 2012. The average home price rose 4.3% year-over-year to $482,648. By home type, prices increased most for semi-detached homes at 6.8% while condo apartment prices declined slightly by 1.4%. Overall, the real estate market saw a positive start to the new year with modest price gains and continued competition between buyers.
More from Richard Silver, Certified International REALTOR® (20)
Serviced Apartment Ho Chi Minh For RentalGVRenting
GVRenting is the leading rental real estate company in Vietnam. We help you to find a serviced apartment for rent in Ho Chi Minh & Saigon. Discover our broad range of rental properties in Vietnam.
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Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
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Toronto: Third Quarter Condo Report 2012
1. TREB Member Inquiries:
(416) 443‐8152
Media/Public Inquiries:
Third Quarter 2012 (416) 443‐8158
Economic Indicators Increased Choice Results in Flat Condo Prices in Q3 Total TorontoMLS
Real GDP Growth i Toronto, October 16, 2012 — Greater Toronto Area REALTORS® reported 4,541 Condo Apartment Sales1,6
condominium apartment sales through the TorontoMLS system in the third quarter
Q2 2012 1.8% of 2012. This result represented a 20.5 per cent decline in transactions compared
to the third quarter of 2011. Over the same period, the number of new listings
Toronto Employment Growthi i
was up by more than 6.5 per cent to 11,456.
September 2012 2.3%
“The condominium apartment market was the best supplied market segment in
Toronto Unemployment Rate the third quarter of this year. Strong condominium apartment completions in 2011
September 2012 8.5% and the beginning of 2012 resulted in many investor‐held units listed for sale. At
the same time, sales dropped off relative to last year as some buyers moved to the 5,719
ii
Inflation (Yr./Yr. CPI Growth) sidelines as stricter mortgage lending guidelines resulted in increased costs of 4,541
August 2012 1.2% home ownership,” said Toronto Real Estate Board (TREB) President Ann Hannah.
iii The average selling price for condominium apartments in the third quarter, at
Bank of Canada Overnight Rate $334,204, was flat in comparison to the same period last year.
September 2012 1.0% Third Quarter 2012 Third Quarter 2011
“With more listings to choose from and fewer sales, condo buyers have not been as
Prime Rate
iv aggressive with regard to offers, and sellers have had to price their units
competitively. The result was little upward pressure on the average selling price
September 2012 3.0%
compared to last year. Given the supply of listings currently in the market place,
Mortgage Rates (Sept. 2012)
iv the average rate of price growth for condo apartments should continue to lag price
growth for low‐rise home types over the next year,” said Jason Mercer, TREB’s
Chartered Bank Fixed Rates
Senior Manager of Market Analysis.
TorontoMLS Average
1 Year 3.10% Condo Apartment Price1,6
3 Year 3.85% Condominium Apartment Market Summary
5 Year 5.24%
Third Quarter 2012
Sources and Notes:
i
Statistics Canada, Quarter‐over‐quarter 2012 2011
growth, annualized
Sales Average Price Sales Average Price
$334,204
$332,969
ii
Statistics Canada, Year‐over‐year growth Total TREB 4,541 $334,204 5,719 $332,969
for the most recently reported month
Halton Region 91 $331,699 88 $296,067
iii
Bank of Canada, Rate from most recent Peel Region 721 $253,239 869 $253,615
Bank of Canada announcement
City of Toronto 3,219 $357,030 4,117 $355,561
iv
Bank of Canada, rates for most recently
completed month
York Region 388 $329,527 535 $319,573
Durham Region 113 $227,181 99 $201,887 Third Quarter 2012 Third Quarter 2011
Other Areas 9 $227,222 11 $272,455
3. Toronto Real Estate Board
SUMMARY OF CONDOMINIUM APARTMENT TRANSACTIONS Industrial Leasing
CITY OF TORONTO
THIRD QUARTER 2012
Sales1 Dollar Volume1 Average Price1 Median Price1 New Listings2 Active Listings3 Avg. SP/LP 4 Avg. DOM5
TREB Total 4,541 $1,517,621,451 $334,204 $305,000 11,456 6,989 97% 34
City of Toronto Total 3,219 $1,149,278,876 $357,030 $323,000 8,321 5,089 98% 34
Toronto West 648 $188,726,322 $291,244 $278,950 1,612 1,079 97% 37
Toronto W01 63 $24,052,733 $381,789 $336,200 167 103 98% 32
Toronto W02 30 $11,141,950 $371,398 $355,075 42 22 98% 33
Toronto W03 17 $4,215,400 $247,965 $265,000 29 19 97% 38
Toronto W04 53 $9,749,350 $183,950 $176,500 105 70 97% 36
Toronto W05 72 $12,921,300 $179,463 $150,750 141 115 96% 47
Toronto W06 160 $60,041,590 $375,260 $329,000 511 341 97% 40
Toronto W07 7 $3,198,000 $456,857 $415,000 9 2 100% 31
Toronto W08 130 $41,048,840 $315,760 $298,500 337 209 98% 35
Toronto W09 36 $7,996,900 $222,136 $226,500 94 76 96% 31
Toronto W10 80 $14,360,259 $179,503 $170,700 177 122 97% 35
Toronto Central 1,990 $821,976,402 $413,053 $360,000 5,432 3,205 98% 33
Toronto C01 765 $310,021,717 $405,257 $368,000 2,144 1,273 98% 32
Toronto C02 76 $63,772,446 $839,111 $622,500 247 179 97% 45
Toronto C03 14 $9,307,000 $664,786 $455,000 23 17 97% 47
Toronto C04 37 $17,555,400 $474,470 $373,000 102 63 95% 34
Toronto C06 28 $10,316,940 $368,462 $334,500 64 39 98% 52
Toronto C07 135 $46,376,355 $343,529 $325,000 393 211 97% 32
Toronto C08 303 $121,635,223 $401,436 $360,000 775 424 98% 31
Toronto C09 22 $15,118,388 $687,199 $482,500 51 39 97% 25
Toronto C10 84 $38,397,901 $457,118 $408,000 176 82 98% 32
Toronto C11 38 $8,562,500 $225,329 $205,500 126 85 97% 39
Toronto C12 15 $10,104,900 $673,660 $505,000 54 43 97% 40
Toronto C13 77 $23,926,877 $310,739 $280,000 177 99 98% 34
Toronto C14 250 $97,699,564 $390,798 $353,400 713 400 98% 30
Toronto C15 146 $49,181,191 $336,857 $316,250 387 251 98% 34
Toronto East 581 $138,576,152 $238,513 $236,000 1,277 805 97% 34
Toronto E01 33 $13,611,900 $412,482 $400,000 76 39 99% 22
Toronto E02 15 $7,440,160 $496,011 $433,000 18 16 98% 32
Toronto E03 25 $4,552,600 $182,104 $142,000 50 32 97% 32
Toronto E04 88 $16,510,988 $187,625 $180,500 169 108 96% 41
Toronto E05 98 $25,398,438 $259,168 $231,900 187 88 97% 29
Toronto E06 4 $1,539,000 $384,750 $337,000 4 1 98% 10
Toronto E07 81 $18,095,500 $223,401 $232,000 212 140 97% 38
Toronto E08 40 $7,579,300 $189,483 $174,000 95 67 98% 40
Toronto E09 140 $33,817,438 $241,553 $241,000 308 196 97% 35
Toronto E10 6 $1,028,228 $171,371 $169,500 21 21 99% 22
Toronto E11 51 $9,002,600 $176,522 $170,000 137 97 97% 31
Page 3
Condo Market Report, Third Quarter 2012 3
4. Toronto Real Estate Board
Condominium Apartment Market Summary1
Share of Total Condo Apartment Sales By TREB Area Condo Apartment Sales by Price Range (All Areas)
2%
2% 0‐199,999
City of Toronto 200K‐299,999
9%
Selling Price Range
300K‐399,999
400K‐499,999
Peel Region
500K‐599,999
16% 600K‐699,999
York Region
700K‐799,999
800K‐899,999
Durham Region 900K‐999,999
71% 1,000,000+
Halton Region
Number of Sales
Source: TREB Source: TREB
Share of Total Condo Apartment Sales By Bedroom Type Condo Apartment Price by Bedroom Type (All Areas)
2% (All Areas)
$450,000
7% Average Selling Price
Bachelor $400,000
19% Median Selling Price
$350,000
17% One Bedroom $300,000
$250,000
One Bedroom +
$200,000
Den
Two Bedroom $150,000
21% $100,000
Two Bedroom + $50,000
Den $0
33% Three Bedroom + Bachelor
One One Two Two Three Total
Bedroom Bedroom Bedroom Bedroom Bedroom
Source: TREB Source: Toronto Real Estate Board + Den + Den +
Page 3
Condo Market Report, Third Quarter 2012 4
5. Toronto Real Estate Board
Sub‐Market Breakdown: Downtown Core1
Condo Apartment Sales by Price Range (Downtown Core)
0‐199,999
200K‐299,999
Selling Price Range
300K‐399,999
400K‐499,999
500K‐599,999
600K‐699,999
700K‐799,999
800K‐899,999
900K‐999,999
1,000,000+
Number of Sales
Source: TREB
Condo Apartment Price by Bedroom Type (Downtown Core) Condo Apartment Sales By Bedroom Type (Downtown Core)
$1,200,000
Bachelor 57
Average Selling Price
$1,000,000
Median Selling Price One Bedroom 327
$800,000
One Bedroom + Den 327
$600,000
Two Bedroom 245
$400,000
Two Bedroom +
105
$200,000 Den
$0 Three Bedroom + 7
Bachelor One One Two Two Three Total
Bedroom Bedroom Bedroom Bedroom Bedroom 0 50 100 150 200 250 300 350
Source: Toronto Real Estate Board + Den + Den + Source: TREB
Page 3
Condo Market Report, Third Quarter 2012 5
6. Toronto Real Estate Board
Sub‐Market Breakdown: North York City Centre1
Condo Apartment Sales by Price Range (North York City
Centre)
0‐199,999
200K‐299,999
Selling Price Range
300K‐399,999
400K‐499,999
500K‐599,999
600K‐699,999
700K‐799,999
800K‐899,999
900K‐999,999
1,000,000+
Number of Sales
Source: TREB
Condo Apartment Price by Bedroom Type (North York Condo Apartment Sales By Bedroom Type (North York
City Centre) City Centre)
$500,000 Bachelor 2
Average Selling Price
$450,000
$400,000 Median Selling Price One Bedroom 77
$350,000
$300,000 One Bedroom + Den 68
$250,000
$200,000 Two Bedroom 136
$150,000
Two Bedroom +
$100,000 71
Den
$50,000
$0 Three Bedroom + 31
Bachelor One One Two Two Three Total
Bedroom Bedroom Bedroom Bedroom Bedroom 0 50 100 150
Source: Toronto Real Estate Board + Den + Den + Source: TREB
Page 3
Condo Market Report, Third Quarter 2012 6
7. Toronto Real Estate Board
Sub‐Market Breakdown: Mississauga City Centre1
Condo Apartment Sales by Price Range (Mississauga City
Centre)
0‐199,999
200K‐299,999
Selling Price Range
300K‐399,999
400K‐499,999
500K‐599,999
600K‐699,999
700K‐799,999
800K‐899,999
900K‐999,999
1,000,000+
Number of Sales
Source: TREB
Condo Apartment Price by Bedroom Type (Mississauga Condo Apartment Sales By Bedroom Type (Mississauga
City Centre) City Centre)
$500,000 Bachelor 0
Average Selling Price
$450,000
$400,000 Median Selling Price One Bedroom 33
$350,000
$300,000 One Bedroom + Den 68
$250,000
$200,000 Two Bedroom 78
$150,000
Two Bedroom +
$100,000 74
Den
$50,000
$0 Three Bedroom + 4
Bachelor One One Two Two Three Total
Bedroom Bedroom Bedroom Bedroom Bedroom 0 20 40 60 80 100
Source: Toronto Real Estate Board + Den + Den + Source: TREB
Page 3
Condo Market Report, Third Quarter 2012 7
8. Toronto Real Estate Board
New Home Market
Toronto CMA Condominium Apartment Completions Choice for Condo Buyers Continued to Expand in Q3
(Annualized, 12‐Month Moving Average)
• After peaking and then remaining on a lofty plateau in 2011,
20,000 condominium apartment completions have started trending lower in
18,000
16,000
the second half of 2012.
14,000 • The trend for active condominium apartment listings generally follows
12,000 the trend for condominium apartment completions, but with a lag
10,000
(bottom left chart). This suggests that while active listings for condo
8,000
6,000 apartments continued to trend higher in the third quarter, this trend
4,000 will likely reverse over the next year because the number of
2,000 condominium apartment completions has moved lower.
0
• With the sales trend declining and the number of active listings
continuing to trend higher, the condo market became better supplied
in the third quarter. The relationship between sales and listings led to
Source: CMHC; TREB Adjustment a flat median selling price between the third quarter of 2011 and the
third quarter of 2012 (bottom right chart).
Condominium Apartment Completions and Condominium Apartment Sales‐to‐Active Listings Ratio and
MLS® Active Listings (Annualized Trend) Median Price Growth (All Areas)
70% Annual Median Price Change (Right Scale) 25%
30,000
Annual Median Price Growth
Sales‐to‐Active Listings Ratio
60% Sales‐to‐Active Listings Ratio (Left Scale) 20%
25,000
50% 15%
20,000
40% 10%
15,000 30% 5%
10,000 20% 0%
5,000 Completions Active Listings 10% ‐5%
0 0% ‐10%
Source: Toronto Real Estate Board; CMHC Source: Toronto Real Estate Board
Page 3
Condo Market Report, Third Quarter 2012 8
9. Toronto Real Estate Board
Rental Market Summary
Number of Units Listed Average Rents Up Year‐Over‐Year in the Third Quarter
Q3 2012 vs. Q3 2011
3,000
• The demand for rental condominium apartments remained strong in
2012 2011 the third quarter, with the number of rental transactions up by over
2,500 three per cent on a year‐over‐year basis. However, over the same
time period, the number of units listed for rent grew by a greater
2,000
annual rate of 18 per cent.
1,500 • With strong completions in 2011 and the beginning of 2012, many
1,000 investor‐held units have been listed for rent through the TorontoMLS.
• Rental market conditions in the GTA remained tight enough to result in
500
average rent increases above the rate of inflation in the third quarter,
0 but increases were generally not as strong compared to the previous
Downtown Core North York City Centre Mississauga four quarters. It should also be noted that rental transactions in
Toronto’s downtown core were the driver of overall GTA rent
Source: TREB increases.
Number of Units Rented Average Two‐Bedroom Rents
Q3 2012 vs. Q3 2011 Q3 2012 vs. Q3 2011
2,500 $2,800
2012 2011 2012 2011
$2,400
2,000
$2,000
1,500 $1,600
1,000 $1,200
$800
500
$400
0 $0
Downtown Core North York City Centre Mississauga All TREB Downtown Core North York City Mississauga
Centre
Source: TREB Source: TREB
Page 3
Condo Market Report, Third Quarter 2012 9
10. Toronto Real Estate Board
Share of GTA Condo Industrial Leasing
Apartments In Rental
23.6%
19.9%
18.4%
12.8%
12.0%
Halton Peel Toronto York Durham
Source: CMHC, 2011 Fall Rental Market Survey
GTA Condo Apartment
Vacancy Rate
1.3%
0.8%
NOTES
1
Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the TorontoMLS system between the first
and last day of the quarter being reported.
2
New listings entered into the TorontoMLS system between the first and last day of the quarter being reported.
0.3% 3
Active listings as of the end of the last day of the quarter being reported.
0.3% 4
Ratio of the average selling price to the average listing price for firm transactions entered into the TorontoMLS system between the first and last day of
the quarter being reported.
5
Average number of days on the market for firm transactions entered into the TorontoMLS system between the first and last day of the quarter being
Halton Peel Toronto York Durham reported.
6
Past monthly and year‐to‐date figures are revised monthly.
Source: CMHC, 2011 Fall Rental Market Survey Page 3
Condo Market Report, Third Quarter 2012 10