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 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.
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.
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.
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 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.
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 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.
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.
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.
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 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.
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.
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.
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.
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.
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
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.
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...
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.
- 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 contains charts analyzing the Toronto housing market from November 2012. It shows trends in home sales, new listings, average prices, and sales to new listings ratios over previous years. The charts indicate seasonal patterns and compare the current year to prior years. They also show 12-month moving averages to illustrate underlying trends. Relationships are presented between sales to new listings ratios and price changes. The final chart examines housing affordability based on average household income and costs.
- In Q3 2012, TREB members reported almost 3.5 million square feet of industrial, commercial, and office space leased, down slightly from 3.7 million square feet in Q3 2011.
- Average industrial lease rates increased year-over-year while commercial/retail and office rates decreased.
- TREB members reported 214 commercial property sales in Q3 2012, down 18% from 262 sales in Q3 2011. The average selling price decreased across all categories due to a shift in the mix of property types sold.
- 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.
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.
- 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 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.
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 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
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.
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.
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.
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.
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
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.
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...
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.
- 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 contains charts analyzing the Toronto housing market from November 2012. It shows trends in home sales, new listings, average prices, and sales to new listings ratios over previous years. The charts indicate seasonal patterns and compare the current year to prior years. They also show 12-month moving averages to illustrate underlying trends. Relationships are presented between sales to new listings ratios and price changes. The final chart examines housing affordability based on average household income and costs.
- In Q3 2012, TREB members reported almost 3.5 million square feet of industrial, commercial, and office space leased, down slightly from 3.7 million square feet in Q3 2011.
- Average industrial lease rates increased year-over-year while commercial/retail and office rates decreased.
- TREB members reported 214 commercial property sales in Q3 2012, down 18% from 262 sales in Q3 2011. The average selling price decreased across all categories due to a shift in the mix of property types sold.
- 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.
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.
- 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 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.
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 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-
The condominium apartment market in the Greater Toronto Area saw a 20.5% decline in sales in the third quarter of 2012 compared to the same period in 2011. There were 4,541 condo sales with an average price of $334,204, which was flat compared to the prior year. The large supply of new condo listings, which increased by over 6.5%, contributed to fewer buyer offers and flat prices as buyers had more options to choose from. With the ongoing supply in the market, average condo price growth is expected to lag behind low-rise homes over the next year.
The document summarizes housing market data for the Greater Toronto Area (GTA) in January 2013. It reported a slight decline in housing transactions compared to January 2012, with 4,375 transactions in 2013 versus 4,432 in 2012. The average home selling price increased 4.3% year-over-year to $482,648. While sales were down slightly, the rate of decline was much less than the second half of 2012, suggesting buyers are becoming active again in the market.
Toronto Real Estate Board Market Watch Jan 2013jefftoleary
The document summarizes housing market data for the Greater Toronto Area (GTA) in January 2013. It reported a slight decline in housing transactions compared to January 2012, with 4,375 transactions in 2013 versus 4,432 in 2012. The average home selling price increased 4.3% year-over-year to $482,648. While sales were down slightly, the rate of decline was much less than the second half of 2012, suggesting buyers are becoming active again in the market.
- 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.
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.
The document provides housing market statistics for the Greater Toronto Area (GTA) in February 2013. It reports that home sales declined 15% year-over-year in February 2013 while average home prices rose 2%. Luxury detached home sales in Toronto declined more than other segments, contributing to more modest overall price growth. The average price forecast for 2013 is $515,000, with price growth above 3% expected due to low inventory levels.
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.
- Sales in March 2013 were down 17% compared to March 2012, while the average selling price increased 3.8% to $519,879.
- For the first quarter of 2013, sales were down 14% from Q1 2012, while the average price increased 3.2% to $508,066.
- The average price and MLS Home Price Index were up year-over-year across most home types, especially in the low-rise market segments where supply remains an issue.
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.
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.
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.
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.
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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.
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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
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
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TREB Market Watch October 2012
1. For All TREB Member Inquiries:
(416) 443-8152
For All Media/Public Inquiries:
October 2012 (416) 443-8158
Economic Indicators Average Price Up in October, Despite Fewer Sales TorontoMLS Sales Activity1,7
TORONTO, November 3, 2012 – Greater Toronto Area REALTORS® reported 6,896
Real GDP Growthi transactions through the TorontoMLS system in October 2012 – a decrease of 7.1 per cent
compared to October 2011. There were two more business days in October 2012 versus
Q2 2012 t 1.8%
October 2011. On a per business day basis, transactions were down by 15.6 per cent.*
Toronto Employment Growthi i “Sales have decreased in the second half of this year compared to 2011, especially since the
onset of stricter mortgage lending guidelines at the beginning of July. The prospect of
September 2012 t 2.3% 6,896 7,425
higher monthly mortgage payments due to the reduced maximum amortization period has
Toronto Unemployment Rate prompted some households to delay their home purchase,” said Toronto Real Estate Board
(TREB) President Ann Hannah.
September 2012 q 8.5%
The average selling price for October transactions was $503,479 – up 6.2 per cent compared
Inflation (Yr./Yr. CPI Growth)
ii to October 2011. The MLS® Home Price Index composite benchmark price, which allows for
an apples-to-apples comparison in terms of home attributes, was up by 5.1 per cent.
September 2012 q 1.2% October 2012 October 2011
“We continue to see price increases well above the rate of inflation. Active listings have
iii remained low from a historic perspective, so substantial competition between buyers still
Bank of Canada Overnight Rate
exists, especially for low-rise homes,” said Jason Mercer, TREB’s Senior Manager of Market
October 2012 q 1.0% Analysis. TorontoMLS Average Price1,7
iv “It should be noted, however, that the annual rate of price increase has been edging lower
Prime Rate
over the past few months as the market has gradually become better supplied,” continued
October 2012 q 3.0% Mercer.
*NOTE: The majority of transactions are entered into the TorontoMLS system on business days. There was a
iv
Mortgage Rates (Oct. 2012) mismatch of two business days in September and October of 2012 compared to the same months last year.
$503,479
$474,241
This is why sales on a per business day basis were noted in releases dealing with these months. The business
Chartered Bank Fixed Rates day anomaly between the two months has now balanced out.
1 Year q 3.10%
1,7
3 Year u 3.70% Sales & Average Price By Major Home Type
5 Year q 5.24%
October 2012
Sources and Notes: Sales Average Price
i
Statistics Canada, Quarter-over-quarter 416 905 Total 416 905 Total October 2012 October 2011
growth, annualized
Detached 931 2,417 3,348 $779,484 $573,598 $630,850
ii
Statistics Canada, Year-over-year growth 1,7
for the most recently reported month
Yr./Yr. % Change -7% -1% -3% 5% 8% 7% Year-Over-Year Summary
Semi-Detached 347 458 805 $575,618 $390,459 $470,273 2012 2011 % Chg.
iii
Bank of Canada, Rate from most recent
Yr./Yr. % Change -4% -9% -7% 7% 5% 6% Sales 6,896 7,425 -7.1%
Bank of Canada announcement
iv
Townhouse 286 775 1,061 $453,477 $357,237 $383,179 New Listings 13,054 12,306 6.1%
Bank of Canada, Rates for most recently
completed month Yr./Yr. % Change -10% -1% -3% 2% 5% 3% Active Listings 20,737 17,794 16.5%
Condo Apartment 1,141 427 1,568 $358,741 $286,138 $338,969 Average Price $503,479 $474,241 6.2%
Yr./Yr. % Change -14% -20% -16% -2% 4% 0% Average DOM 28 26 8.0%
2. Toronto Real Estate Board
SALES BY PRICE RANGE AND HOUSE TYPE1,7 OCTOBER 2012
Price Range Detached Semi-Detached Att/Row/Twnhouse Condo Townhouse Condo Apt Link Co-op Apt Det Condo Co-ownership Apt Total
$0 to $99,999 2 1 0 3 18 0 0 0 1 25
$100,000 to $199,999 43 14 4 48 207 3 2 0 3 324
$200,000 to $299,999 253 54 76 160 505 19 3 2 4 1,076
$300,000 to $399,999 480 222 193 211 466 19 1 3 1 1,596
$400,000 to $499,999 668 267 125 66 203 29 0 0 0 1,358
$500,000 to $599,999 585 127 73 23 79 21 0 0 0 908
$600,000 to $699,999 407 49 29 11 33 2 0 0 0 531
$700,000 to $799,999 299 29 4 9 18 0 0 0 0 359
$800,000 to $899,999 176 17 10 4 17 0 0 1 0 225
$900,000 to $999,999 97 9 2 3 5 0 0 0 0 116
$1,000,000 to $1,249,999 130 9 3 0 11 0 0 0 0 153
$1,250,000 to $1,499,999 83 2 1 1 0 0 0 0 0 87
$1,500,000 to $1,749,999 50 4 1 1 4 0 0 0 0 60
$1,750,000 to $1,999,999 21 0 0 0 0 0 0 0 0 21
$2,000,000 + 54 1 0 0 2 0 0 0 0 57
Total Sales 3,348 805 521 540 1,568 93 6 6 9 6,896
Share of Total Sales 48.5% 11.7% 7.6% 7.8% 22.7% 1.3% 0.1% 0.1% 0.1% -
Average Price $630,850 $470,273 $423,647 $344,135 $338,969 $403,736 $229,417 $396,983 $219,222 $503,479
SALES BY PRICE RANGE AND HOUSE TYPE1,7 YEAR-TO-DATE, 2012
Price Range Detached Semi-Detached Att/Row/Twnhouse Condo Townhouse Condo Apt Link Co-op Apt Det Condo Co-ownership Apt Total
$0 to $99,999 37 3 7 21 193 0 7 0 8 276
$100,000 to $199,999 544 149 52 646 2,241 12 37 0 13 3,694
$200,000 to $299,999 2,732 573 999 2,002 5,756 320 24 19 38 12,463
$300,000 to $399,999 5,782 2,656 1,957 2,211 5,324 257 21 29 11 18,248
$400,000 to $499,999 7,184 2,834 1,674 702 2,164 335 10 9 6 14,918
$500,000 to $599,999 6,413 1,048 694 209 810 285 4 4 0 9,467
$600,000 to $699,999 4,592 490 333 119 394 67 1 4 0 6,000
$700,000 to $799,999 3,085 277 96 83 172 9 3 1 0 3,726
$800,000 to $899,999 2,018 154 72 30 108 0 0 1 0 2,383
$900,000 to $999,999 1,119 77 30 11 54 0 0 0 0 1,291
$1,000,000 to $1,249,999 1,432 68 28 15 102 2 2 1 0 1,650
$1,250,000 to $1,499,999 913 38 9 4 40 0 1 0 0 1,005
$1,500,000 to $1,749,999 479 22 9 2 30 0 0 1 0 543
$1,750,000 to $1,999,999 267 7 2 0 10 0 0 0 0 286
$2,000,000 + 603 6 2 1 25 0 0 0 0 637
Total Sales 37,200 8,402 5,964 6,056 17,423 1,287 110 69 76 76,587
Share of Total Sales 48.6% 11.0% 7.8% 7.9% 22.7% 1.7% 0.1% 0.1% 0.1% -
Average Price $628,207 $459,667 $423,184 $329,183 $337,676 $413,646 $294,687 $409,235 $244,451 $499,350
Page 3 July 2010
Market Watch, October 2012 2