Yesterday saw the release of Canada Mortgage and Housing Corporation’s January 2012 Housing Starts report. According to the data, housing construction in Toronto has carried its strength from 2011 into 2012, with the seasonally adjusted annual rate of total housing starts increasing to 46,700 units in January. The overall numbers…
GTA REALTORS® Release January 2012 Market Figures
February 3, 2012 by Leave a Comment
TREB has released the figures for January 2012, and the numbers show a 8.8% increase in sales and an almost 9% increase in average selling price over January 2011. Check out the full report below. TORONTO, February 3, 2012 — Greater Toronto REALTORS® reported 4,567 sales through the TorontoMLS® system…
CREA: Canadian Resale Housing Sales Stable in July
August 16, 2011 by Leave a Comment
CREA (Canadian Real Estate Association) released their montly statistics of the national resale housing market showing that activity is stable on a month-to-month basis. Check out the report below. OTTAWA – August 16, 2011 – According to statistics1 released today by The Canadian Real Estate Association (CREA), national resale housing…
Analysis: Condo boom may avoid crash on demographics
July 12, 2011 by Leave a Comment
Check out the article below from Reuters Canada regarding condominiums and demographics helping to avoid a market crash in that sector. Mon Jul 11, 2011 TORONTO (Reuters) – Canada’s booming condominium market, which has filled the skylines of its biggest cities with cranes and prompted a warning from its central…
Market Watch: Toronto Sales and Prices both rise in June
July 6, 2011 by Leave a Comment
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…