Mar
Say it with me folks: "Another record month!" Once again, both sales volume (7,621 sales, up 21.1%) and average price ($685,278, up 14.9%) in February 2016 beat not just last February, but also the previous record, set in 2010. The MLS Home Price Index (which smoothes out price...
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January got 2016 off to a quick start. In its monthly Market Watch, TREB has reported 4,672 sales for the month, up 8.2% over January 2015. At a time of constrained supply - both generally, over the last few years, and seasonally - prices shot up...
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A strong December sales pace capped a record-setting sales year in the Toronto real estate market. With 4,945 sales reported to TREB last month (up 11.9% over the 4,418 reported for December 2014), the total for the year hit 101,299 - 9.2% more than 2014, and breaking the 100,000...
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TREB reported 7,385 sales through the Toronto MLS in November, 14% more sales than November 2014, and setting another monthly sales record. The average sale price (across all housing types) climbed to $632,685, up 9.6% year-over-year. TREB's HPI, which attempts to smooth out that average by weighting...
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TREB reported 8,804 sales through the Toronto MLS in October, 3.4% more sales than October 2014, setting another monthly sales record. By now it should come as no surprise to anybody that new records are set almost every month. The economy is strong and the...
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Yet another sales record was broken last month. Sales volume in September hit 8200 transactions, 2.5% higher than last September, setting a record for that month. Correspondingly, the average sale price increased by 9.2% year-over-year, to $627,395. Although the number of new listings was up 3.2% last month,...
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June was another record month in the Toronto real estate market. Sales volume was up 18.4% to 11,992 transactions (over 10,132 in June, 2014), setting a new record for the month of June. Over the same period, new listings increased by 6.7%, to 17,746, but total active listings...
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May was another busy month in the Toronto real estate market. Sales volume was up 6.3% to 11,706 transactions (over 11,013 in May, 2014). At the same time, new listings slipped by 0.8%, and total active listings shrank by 10.1% to 18,585, down from 20,679 last...
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The Toronto Real Estate Board has reported 11,303 sales for April, 2015 - the most ever for the month of April. It's an increase of 17% over the 9,660 sales in April 2014. The number of new listings increased by only 5%. The fast pace...
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As usual, real estate is much in the news these days. With the oil market correction, the media (and a few others) jumped all over the idea that the real estate market would - obviously! - experience a crash of some sort. The only question...
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