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.
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 sales-to-listing ratio correlates positively with annual price changes. Affordability is also addressed, with the share of average household income needed for housing shown rising from 30-50% over this period.
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 sales-to-listing ratio correlates positively with annual price changes. Affordability is also addressed, with the share of average household income needed for housing shown rising from 30-50% over this period.
Toronto Housing Market Charts - May 2010Amit Saini
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 sales-to-listing ratio correlates positively with annual price changes. Affordability is also addressed, with the share of average household income needed for housing shown rising from 30-50% over this period.
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.
Toronto Housing Market Charts - June 2010Amit Saini
The document contains charts analyzing the Toronto housing market from June 2010. It shows trends in MLS sales, new listings, average prices, and sales-to-listing ratios from 2007-2010. Seasonal patterns are evident year-over-year. Higher sales-to-listing ratios typically lead to greater price growth above inflation, while lower ratios see price declines. Affordability is also addressed, with the share of average household income needed for housing shown to be between 30-50% in recent years.
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 sales-to-listing ratio correlates positively with annual price changes. Affordability is also addressed, with the share of average household income needed for housing shown rising over time.
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 sales-to-listing ratio correlates positively with annual price changes. Affordability is also addressed, with the share of average household income needed for housing shown rising from 30-50% over this period.
November 10, 2010 -- The slides from the recent 'Market According to Mercer' presentation series are now available. Jason Mercer's presentation covered all aspects of the GTA housing market (resale, new and rental housing markets) and provided a forward looking view through 2012.
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 sales-to-listing ratio correlates positively with annual price changes. Affordability is also addressed, with the share of average household income needed for housing shown rising from 30-50% over this period.
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 sales-to-listing ratio correlates positively with annual price changes. Affordability is also addressed, with the share of average household income needed for housing shown rising from 30-50% over this period.
Toronto Housing Market Charts - May 2010Amit Saini
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 sales-to-listing ratio correlates positively with annual price changes. Affordability is also addressed, with the share of average household income needed for housing shown rising from 30-50% over this period.
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.
Toronto Housing Market Charts - June 2010Amit Saini
The document contains charts analyzing the Toronto housing market from June 2010. It shows trends in MLS sales, new listings, average prices, and sales-to-listing ratios from 2007-2010. Seasonal patterns are evident year-over-year. Higher sales-to-listing ratios typically lead to greater price growth above inflation, while lower ratios see price declines. Affordability is also addressed, with the share of average household income needed for housing shown to be between 30-50% in recent years.
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 sales-to-listing ratio correlates positively with annual price changes. Affordability is also addressed, with the share of average household income needed for housing shown rising over time.
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 sales-to-listing ratio correlates positively with annual price changes. Affordability is also addressed, with the share of average household income needed for housing shown rising from 30-50% over this period.
November 10, 2010 -- The slides from the recent 'Market According to Mercer' presentation series are now available. Jason Mercer's presentation covered all aspects of the GTA housing market (resale, new and rental housing markets) and provided a forward looking view through 2012.
The document summarizes the current state of the Canadian and Toronto real estate markets. It finds that while economic growth has slowed, job growth continues in Toronto. Interest rates have risen but are expected to increase at a slower pace than previously anticipated. Housing sales have declined from record highs but are forecasted to rebound. Condo apartment sales and prices closely follow overall market trends, with increased listings presenting a potential risk to future price appreciation. Affordability remains sound, keeping the average home price justified despite higher interest rates.
Sales of existing homes in the Greater Toronto Area were down 13% in November 2010 compared to November 2009. New listings were also down 13% annually. The average selling price increased 5% to $438,030. A household earning the average income can afford the average priced home in the GTA based on mortgage payments. The housing market has tightened since the summer but healthy market conditions continue to support a moderate increase in average home prices over the next year.
1. Jason Mercer from TREB presented on housing market trends and affordability. He discussed measures like price-to-income ratios and debt service ratios over time.
2. Mercer also analyzed interest rates, household incomes, and the impact of rates and incomes on housing affordability going forward.
3. The presentation concluded with a discussion of the economic outlook, including slower GDP growth, unemployment, and inflation targets that will influence monetary policy decisions around interest rates.
This document is a Buyer Representation Agreement between a real estate brokerage and a buyer. It gives the brokerage exclusive authority to represent the buyer in purchasing a property for a set period of time. The agreement outlines the brokerage's responsibilities to assist the buyer, defines the commission structure, and clarifies that the brokerage is not responsible for the condition of any properties. It also allows the brokerage to use the buyer's personal information to help facilitate the transaction.
The document lists the names of several famous actresses from Hollywood's Golden Age, including Gene Tierney, Ava Gardner, Rita Hayworth, Hedy Lamarr, Veronica Lake, Jane Fonda, Grace Kelly, Katherine Hepburn, Barbara Stanwick, Joan Bennett, Liz Taylor, Marilyn Monroe, Sara Montiel, Eleanor Parker, Audrey Hepburn, and Louise Brooks.
The document outlines methods for determining the percentage of completion of construction or renovation of residential housing in Ontario and British Columbia for purposes of transitional rebates and tax adjustments related to the implementation of the Harmonized Sales Tax (HST) on July 1, 2010. It provides definitions and an overview of the provincial transitional rebates available when housing construction or renovation was at least 10% complete as of July 1, 2010. It also describes how to determine the percentage of completion, noting it can only be calculated if work began before July 1, 2010, and that for new construction it begins when site excavation starts.
This document provides financing details for a condo unit located at 3025 Finch Ave. W., #1008 in Toronto that is listed for sale at $229,000. It outlines the annual property taxes and monthly condo fees. It then shows financing options and costs for down payments of 20%, 15%, and 5% of the purchase price. For each option it lists the down payment amount, monthly mortgage payment, CMHC/GE insurance premium if applicable, and estimated total monthly carrying costs including taxes and condo fees. Finally, it provides estimates for the total land transfer tax and legal fees required for closing the sale.
This townhouse located at 3025 Finch Ave W in Toronto features two bedrooms plus a den, enclosed patio, and convenient local amenities. The 885 square foot unit has two bathrooms, laminate flooring, an open concept living and dining area, and all appliances included. Listed at $229,000, it is in move-in condition and offers underground parking.
This document provides a list of proposed communities in Toronto with 3-digit numerical codes and names. It includes an alphabetical listing of the communities and explanations of the community reference codes. The communities range from West Humber-Clairville (0010) to South Parkdale (0480).
- Sales of single family homes in the Greater Toronto Area were down 14% in February 2011 compared to February 2010, though the average selling price increased over 5%.
- The median home price in February 2011 was $379,000, up 3.5% from February 2010.
- Market conditions remain tight with competition between buyers continuing to drive price growth, though sales activity is lower than the record set in February 2010.
This document is a real estate listing for 82 Massey Street with a listing price of $689,000. The property is located at the corner of Queen West and Strachan. The listing agent is Harish Maraj of Bosley Real Estate Ltd.
This document provides information about a property located at 295 Davenport Rd., #201 in Toronto, Ontario with an asking price of $1,099,000. It includes details about annual property taxes, monthly condo fees, and financing options with 20%, 15%, or 5% down payments. For each down payment option, it lists the down payment amount, monthly payments for the first mortgage, CMHC/GE insurance premium where applicable, and estimated total monthly carrying costs including property tax and condo fees. It also provides estimates for the total land transfer tax and legal fees required for closing the sale. The document is presented by Harish Maraj, a sales representative with Bosley Real Estate Ltd., and provides contact information for Joe
38 Niagara Street Suite 508 Feature SheetHarish Maraj
This document is a real estate listing for a loft condo located at 38 Niagara Street, Suite 508 in Toronto. The loft features 9 foot exposed concrete ceilings, hardwood floors, and floor to ceiling windows. It is located in a popular area close to restaurants, shops, and public transit. Amenities include underground parking, a recreation room, and security system. The monthly maintenance fees are $356.59 and include utilities. The listing price is $380,000.
This one bedroom condo located at 25 The Esplanade, Suite 604 in downtown Toronto is recently renovated with approximately 1273 square feet. It features sweeping views of the city, a master bedroom with ensuite bathroom and walk-in closet, and well-proportioned principal rooms. Nearby amenities include St. Lawrence Market, the Air Canada Centre, a subway station, the financial district, and Rogers Centre. Parking is available for rental at $185 per month. The condo is listed for sale at $399,000.
This document provides details about a 1 bedroom condo for sale located at 83 Redpath Avenue in Toronto. The condo features a gourmet kitchen, large 25 foot wide balcony with 2 walk-outs, and extra wide living space. Building amenities include a rooftop terrace with hot tub and pool table, gym, and guest suites. The condo is listed for $322,000 and contact information is provided for the sales representative.
The document summarizes the current state of the Canadian and Toronto real estate markets. It finds that while economic growth has slowed, job growth continues in Toronto. Interest rates have risen but are expected to increase at a slower pace than previously anticipated. Housing sales have declined from record highs but are forecasted to rebound. Condo apartment sales and prices closely follow overall market trends, with increased listings presenting a potential risk to future price appreciation. Affordability remains sound, keeping the average home price justified despite higher interest rates.
Sales of existing homes in the Greater Toronto Area were down 13% in November 2010 compared to November 2009. New listings were also down 13% annually. The average selling price increased 5% to $438,030. A household earning the average income can afford the average priced home in the GTA based on mortgage payments. The housing market has tightened since the summer but healthy market conditions continue to support a moderate increase in average home prices over the next year.
1. Jason Mercer from TREB presented on housing market trends and affordability. He discussed measures like price-to-income ratios and debt service ratios over time.
2. Mercer also analyzed interest rates, household incomes, and the impact of rates and incomes on housing affordability going forward.
3. The presentation concluded with a discussion of the economic outlook, including slower GDP growth, unemployment, and inflation targets that will influence monetary policy decisions around interest rates.
This document is a Buyer Representation Agreement between a real estate brokerage and a buyer. It gives the brokerage exclusive authority to represent the buyer in purchasing a property for a set period of time. The agreement outlines the brokerage's responsibilities to assist the buyer, defines the commission structure, and clarifies that the brokerage is not responsible for the condition of any properties. It also allows the brokerage to use the buyer's personal information to help facilitate the transaction.
The document lists the names of several famous actresses from Hollywood's Golden Age, including Gene Tierney, Ava Gardner, Rita Hayworth, Hedy Lamarr, Veronica Lake, Jane Fonda, Grace Kelly, Katherine Hepburn, Barbara Stanwick, Joan Bennett, Liz Taylor, Marilyn Monroe, Sara Montiel, Eleanor Parker, Audrey Hepburn, and Louise Brooks.
The document outlines methods for determining the percentage of completion of construction or renovation of residential housing in Ontario and British Columbia for purposes of transitional rebates and tax adjustments related to the implementation of the Harmonized Sales Tax (HST) on July 1, 2010. It provides definitions and an overview of the provincial transitional rebates available when housing construction or renovation was at least 10% complete as of July 1, 2010. It also describes how to determine the percentage of completion, noting it can only be calculated if work began before July 1, 2010, and that for new construction it begins when site excavation starts.
This document provides financing details for a condo unit located at 3025 Finch Ave. W., #1008 in Toronto that is listed for sale at $229,000. It outlines the annual property taxes and monthly condo fees. It then shows financing options and costs for down payments of 20%, 15%, and 5% of the purchase price. For each option it lists the down payment amount, monthly mortgage payment, CMHC/GE insurance premium if applicable, and estimated total monthly carrying costs including taxes and condo fees. Finally, it provides estimates for the total land transfer tax and legal fees required for closing the sale.
This townhouse located at 3025 Finch Ave W in Toronto features two bedrooms plus a den, enclosed patio, and convenient local amenities. The 885 square foot unit has two bathrooms, laminate flooring, an open concept living and dining area, and all appliances included. Listed at $229,000, it is in move-in condition and offers underground parking.
This document provides a list of proposed communities in Toronto with 3-digit numerical codes and names. It includes an alphabetical listing of the communities and explanations of the community reference codes. The communities range from West Humber-Clairville (0010) to South Parkdale (0480).
- Sales of single family homes in the Greater Toronto Area were down 14% in February 2011 compared to February 2010, though the average selling price increased over 5%.
- The median home price in February 2011 was $379,000, up 3.5% from February 2010.
- Market conditions remain tight with competition between buyers continuing to drive price growth, though sales activity is lower than the record set in February 2010.
This document is a real estate listing for 82 Massey Street with a listing price of $689,000. The property is located at the corner of Queen West and Strachan. The listing agent is Harish Maraj of Bosley Real Estate Ltd.
This document provides information about a property located at 295 Davenport Rd., #201 in Toronto, Ontario with an asking price of $1,099,000. It includes details about annual property taxes, monthly condo fees, and financing options with 20%, 15%, or 5% down payments. For each down payment option, it lists the down payment amount, monthly payments for the first mortgage, CMHC/GE insurance premium where applicable, and estimated total monthly carrying costs including property tax and condo fees. It also provides estimates for the total land transfer tax and legal fees required for closing the sale. The document is presented by Harish Maraj, a sales representative with Bosley Real Estate Ltd., and provides contact information for Joe
38 Niagara Street Suite 508 Feature SheetHarish Maraj
This document is a real estate listing for a loft condo located at 38 Niagara Street, Suite 508 in Toronto. The loft features 9 foot exposed concrete ceilings, hardwood floors, and floor to ceiling windows. It is located in a popular area close to restaurants, shops, and public transit. Amenities include underground parking, a recreation room, and security system. The monthly maintenance fees are $356.59 and include utilities. The listing price is $380,000.
This one bedroom condo located at 25 The Esplanade, Suite 604 in downtown Toronto is recently renovated with approximately 1273 square feet. It features sweeping views of the city, a master bedroom with ensuite bathroom and walk-in closet, and well-proportioned principal rooms. Nearby amenities include St. Lawrence Market, the Air Canada Centre, a subway station, the financial district, and Rogers Centre. Parking is available for rental at $185 per month. The condo is listed for sale at $399,000.
This document provides details about a 1 bedroom condo for sale located at 83 Redpath Avenue in Toronto. The condo features a gourmet kitchen, large 25 foot wide balcony with 2 walk-outs, and extra wide living space. Building amenities include a rooftop terrace with hot tub and pool table, gym, and guest suites. The condo is listed for $322,000 and contact information is provided for the sales representative.
Existing home sales in the Greater Toronto area totaled 86,170 in 2010, down 1% from 2009, with the average price rising 9% to $431,463. While the market started very strong, conditions softened in the summer due to new lending rules and the HST, before strengthening again as affordability concerns eased. The median price in December 2010 was $355,000, up from $349,000 in December 2009, and annual price growth is expected to remain around 5% in 2011.
To install the REALTOR.ca iPhone app, users first open the App Store on their iPhone or iTunes on their desktop. They then search for "REALTOR.ca" and select the REALTOR.ca app, tapping the "Free" icon to begin downloading the app.
Rental transactions and average rents for apartments and townhomes increased across most of the Greater Toronto Area from May to August 2010 compared to the same period in 2009, though rent growth was more subdued in central Toronto where an increase in rental listings occurred. The number of one-bedroom and two-bedroom apartment rentals as well as average rents rose in the west, east, and north regions but were up only slightly or declined in central Toronto due to more properties available to rent. Rental activity and rents for townhomes also increased across the GTA except for a small decline in average rents for three-bedroom townhouses in the
The Greater Toronto REALTORS® are using social media and newspaper columns to educate homebuyers about the Harmonized Sales Tax (HST) and clarify misconceptions. They aim to convey that the purchase price of a resale home is exempt from the HST, as resale housing was never subject to the previous Provincial Sales Tax or Goods and Services Tax. Newly constructed homes are subject to the HST, but the provincial government provides a partial rebate on the tax. The Toronto Real Estate Board plans to continue informing buyers about the tax exemption for resale homes.
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.
Living in an UBER World - June '24 Sales MeetingTom Blefko
June 2024 Lancaster County Sales Meeting for Berkshire Hathaway HomeServices Homesale Realty covering the following topics: 1. VA Suspends Buyer Agent Payment Plan (article), 2. Frequently Used Terms in title, 3. Zillow Showcase Overview, 4. QuickBuy commission promotion, 5. Documenting Cooperative Compensation, 6. NAR's Code of Ethics - Mass Media Solicitations, 7. Is it really cheaper to rent? 8. Do's and Don't's when Terminating the Agreement of Sale, 9. Living in an UBER World
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
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.
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
2. TREB MLS® Sales
Monthly with Three Previous Years for Comparison
12,000 2008 2009 2010 2011
10,000
8,000
6,000
4,000
2,000
0
Source: Toronto Real Estate Board
Explanation: This chart plots monthly MLS® sales for the current year and the previous three years. The
recurring seasonal trend can be examined along with comparisons to previous years for each month.
3. TREB MLS® New Listings
Monthly with Three Previous Years for Comparison
25,000
2008 2009 2010 2011
20,000
15,000
10,000
5,000
0
Source: Toronto Real Estate Board
Explanation: This chart plots monthly MLS® new listings for the current year and the previous three
years. The recurring seasonal trend can be examined along with comparisons to previous years for each
month.
4. TREB MLS® Sales-to-New Listings Ratio
Monthly with Three Previous Years for Comparison
1.10 2008 2009 2010 2011
1.00
0.90
0.80
0.70
0.60
0.50
0.40
0.30
0.20
0.10
0.00
Source: Toronto Real Estate Board
Explanation: This chart plots the monthly MLS® sales-to-new listings ratio (SNLR) for the current year and the previous
three years. The recurring seasonal trend can be examined along with comparisons to previous years for each month.
When the SNLR moves higher, annual average price growth generally increases – often at a rate well above inflation.
When the SNLR moves lower, annual average price growth generally declines and can become negative.
5. TREB MLS® Average Resale Home Price
Monthly with Three Previous Years for Comparison
$460,000 2008 2009 2010 2011
$440,000
$420,000
$400,000
$380,000
$360,000
$340,000
$320,000
$300,000
Source: Toronto Real Estate Board
Explanation: This chart plots the monthly MLS® average home price for the current year and the
previous three years. The recurring seasonal trend can be examined along with comparisons to previous
years for each month.
6. TREB MLS® Sales
Monthly Time Series with Trend Line
12,000
Actual MLS® Sales
10,000
Trend (12-Month Moving Average)
8,000
6,000
4,000
2,000
Source: Toronto Real Estate Board
Explanation: This chart plots monthly MLS® sales since January 1995. The blue line shows actual sales. The brown
line is the trend computed using a 12-month moving average, which exhibits no seasonal variations or other
irregular fluctuations. A substantial change in actual sales must occur to change the direction of the trend.
7. TREB MLS® New Listings
Monthly Time Series with Trend Line
22,000
20,000 Actual MLS® New Listings
18,000 Trend (12-Month Moving Average)
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
Source: Toronto Real Estate Board
Explanation: This chart plots monthly MLS® new listings since January 1995. The blue line shows actual new listings.
The brown line is the trend computed using a 12-month moving average, which exhibits no seasonal variations or other
irregular fluctuations. A substantial change in actual new listings must occur to change the direction of the trend.
8. TREB MLS® Average Price
Monthly Time Series with Trend Line
475,000
Actual MLS® Average Price
425,000
Trend (12-Month Moving Average)
375,000
325,000
275,000
225,000
175,000
Source: Toronto Real Estate Board
Explanation: This chart plots monthly MLS® average price since January 1995. The blue line shows the actual average
price. The brown line is the trend computed using a 12-month moving average, which exhibits no seasonal variations or
other irregular fluctuations. A substantial change in actual average price must occur to change the direction of the
trend.
9. TREB MLS® Sales-to-New Listings Ratio Compared to
Average Annual Per Cent Change in Home Price
Average Price Annual Per Cent Change
1.20 25%
Sales-to-New Listings Ratio
20%
1.00
15%
0.80
(Brown Line)
(Blue Line)
10%
0.60 5%
0%
0.40
Sales-to-New Listings Ratio -5%
0.20
-10%
Average Price Annual Per Cent Change
0.00 -15%
Source: Toronto Real Estate Board
Explanation: This chart plots the monthly sales-to-new listings ratio (blue line) with year-over-year average annual per
cent price change (brown line). When the sales-to-new listings ratio moves higher, average annual per cent change in
home prices generally trends higher. When the sales-to-new listings ratio moves lower, average annual per cent change
in home prices generally trends lower.
10. TREB Affordability Indicator
Share of Average Household Income Used for Mortgage Principal and Interest,
Property Taxes and Utilities on the Averaged Priced GTA Resale Home
55%
50%
45%
40%
35%
30%
25%
Source: Toronto Real Estate Board Data and Calculation; Statistics Canada
Explanation: This chart plots the share of average household income that goes toward mortgage principal and interest, property taxes and utilities
for the average priced home in the GTA subject to the following assumptions:
1. Average annual or year-to-date home price as reported by TREB
2. 20 per cent down payment
3. Average 5-year fixed mortgage rate (Statistics Canada); 25-year amortization
4. Average property tax rate reported by/estimated from the Statistics Canada Survey of Household Spending
5. Average utilities cost reported by/estimated from the Statistics Canada Survey of Household Spending and components of the Consumer Price Index
6. Average household income reported by the Census of Canada. Years in between Censuses estimated using interpolation (years up to 2005) or annual growth in average weekly earnings reported by
Statistics Canada in the Labour Force Survey (2006 onward).