CREA: Canadian home sales edge higher in February

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…

GTA REALTORS® Release February 2012 Resale Market Figures

The Toronto Real Estate Board (TREB) released resale numbers for February. Taking into account the extra day this year, sales were up by 10 per cent and new listing up by 6 per cent over February 2011. Check out the news release below. TORONTO, March 5, 2012 — Greater Toronto…

GTA REALTORS® Report February 2012 Mid-Month Resale Housing Market Figures

The Toronto Real Estate Board released their numbers for the first two weeks of February today. MLS transactions were up over 9% and new listings were up by 13% compared to the same time period in 2011. Check out the report below. TORONTO, February 16, 2012 – Greater Toronto REALTORS®…

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® Release January 2012 Market Figures

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…

TREB: Tightening market will mean higher prices

The article below is the TREB President’s Column that appears every Friday in the Toronto Sun’s Resale Homes and Condos section. This weeks article explains how the MOI indicator, Months of Inventory indicator that was recently introduced, reflects current market conditions and what expectations can be for the year ahead….

GTA REALTORS Report January Mid-Month Resale Housing Market Figures

The numbers are in from TREB for the first two weeks of 2012. Again we see an increase in the GTA with prices (up 8.5%) and listings (up 3.7%) over the same period last year. Check out the report and chart below. TORONTO, January 17, 2012 – Greater Toronto REALTORS®…

Market Report: November Mid-Month Resale Housing Market Figures

The resale market figures, from the Toronto Real Estate Board, for the first two weeks of the month are in. The GTA saw a 13% increase in the number of transactions completed, a 16% increase in new listings, and a 10% increase in average selling price during this period compared…

TREB: October 2011 Resale Market Figures Show More Increases

The resale market figures for October 2011 have been released. According to TREB the number of sales increased 17.5% over the same period last year and prices were up 8% over last year. According to TREB President Richard Silver, “Home buyers who found it difficult to make a deal in…

GTA Realtors 3rd Quarter Condo Report: Transactions and Selling Price Up

Yesterday TREB released its condominium report for the third quarter. Overall the numbers show that the average selling price increased, up almost 9% over the same period last year; as did the number of transactions, up 24% over the same period last year. Check out the full news release below….