Below you'll find a list of all posts that have been tagged as “Sales”
RBC Economics says 2019 will go down as “the turning point for Canada’s housing market.” This refers to the end of the most significant correction since the Great Recession of the last decade and sets the scene for continued recovery for the housing market 2020. The report from senior economist Robert Hogue reflects on a year that faced challenges but …
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 …
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 …
Toronto Real Estate Board (TREB) President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 4,009 home sales through TREB’s MLS® in January 2019 – up by 0.6 percent compared to January 2018. Sales were up by 3.4 percent compared to December 2018. “It is encouraging to see the slight increase in January transactions on a year-over-year basis, even with …
Buying a home can be a very overwhelming experience, but if you are prepared and have contracted the right advisors, it can be a smooth and enjoyable process. What to do when you’re a first-time home-buyer: 1. Get pre-approved. Getting pre-approved for a mortgage is an important first step in the home-buying process. You don’t want to start house-hunting and …
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 …
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 …
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 …
