The Canadian Real Estate Association (CREA) released a report today stating that the average selling price of Canadian homes crept higher last month, rising to $372, 763 or roughly 2 per cent higher than the same period in 2011. The report also stated that the number of homes sold was…
Choosing The Best Neighbourhood For You: 10 Tips
Shopping for a new home should be fun, not tedious and overwhelming. Most people have a wish list for what features their new home will have and having a realistic handle on that certainly goes a long way to making the process smoother and the results that much better. Having…
MLS Introduces Home Price Index: January 2012 Report
The Toronto Real Estate Board and CREA (along with 4 other major Canadian real estate boards) released a new report yesterday called the Home Price Index. It’s kind of like the real estate world’s version of the Consumer Price Index (CPI). It is meant to provide information in a clearer…
GTA REALTORS® Report Mid-Month Resale Housing Market Figures
The numbers are in for the first two weeks of December. According to the MLS system, the GTA has seen a 4.3% increase in the number of sales on a year to date basis compared to 2010, and a 11% increase for the first two weeks compared to last year….
Greater Toronto REALTORS® Release August Mid-Month Resale Market Figures
TREB (Toronto Real Estate Board) released their mid month numbers yesterday: There were 3,214 sales through the TorontoMLS® system during the first 14 days of August, representing more than a 22.5 per cent increase compared to the same period in August 2010. Year-to-date sales through the 14th of August were…
Market Watch: Toronto Sales and Prices both rise in June
Greater Toronto Realtors report on June Resale Market Greater Toronto Realtors reported 10,230 home sales through the Toronto MLS® system in June 2011 – up 21 per cent compared to June 2010. This number represented the third best June result on record behind 2007 and 2009. The number of transactions…