February Sales Down Compared to January

Toronto Real Estate Board (TREB) President Gurcharan (Garry) Bhaura announced that Greater Toronto Area REALTORS® reported 5,025 homes sold through TREB’s MLS® System in February 2019. This sales total was down by 2.4 percent on a year-over-year basis. Sales were also down compared to January 2019. This sales total was down by 2.4 percent. Sales were also down compared to …

February Market Stats for Hamilton-Burlington

The Realtors® Association of Hamilton-Burlington (RAHB) reported 735 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in February 2019. This is a 4 percent drop from February last year; but, a 24 percent increase over January 2019. The average price was up from February 2018 by 1.9 percent to …

2018 Annual Statistics

Toronto Real Estate Board (TREB) President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB’s MLS® System in 2018. This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017. Total new listings entered into TREB’s MLS® System were down by 12.7 per cent over the same period …

Solid Housing Market Continues

Garry Bhaura, President of the Toronto Real Estate Board (TREB) announced the continuation of moderate price growth in November 2018 compared to November 2017. The MLS® Home Price Index (HPI) Composite Benchmark was up by 2.7 per cent year-over-year. The average selling price was up by 3.5 per cent year-over-year to $788,345. Greater Toronto Area REALTORS® reported 6,251 residential transactions …

Number of Sales up 6% in October

Toronto Real Estate Board (TREB) President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB’s MLS System® in October 2018. Greater Toronto Area REALTORS® reported 7,492 sales through their system in October 2018 – a six per cent increase compared to October 2017. The average sale price for October 2018 was up 3.5 per cent on a year-over-year basis …

Positive News in GTA Compared to Vancouver

In encouraging economic news, residential home sales were up 18.6 per cent in the GTA for the month compared with last July, the Toronto Real Estate Board said Friday. In addition the average selling price of the 6,961 homes that changed hands during the month rose 4.8 per cent on an annual basis to $782,129. July’s climb follows a 2.4 …

Real Estate Prices Edge Higher in GTA Markets

The Toronto housing market showed some improvement in home sales this June along with the average selling price. 8,082 homes were sold by Toronto Real Estate Board (TREB) members through the MLS in June; a 17.6% jump from May 2018 and 2.4% more than in June of last year. Policy changes such as the B-20 mortgage guidelines which tightened lending …