Market Commentary Tag

Today TREB released the sales statistics for September. As I noted recently, sales activity has been up significantly this year, and September continued that trend: sales volume was up 30% over September, 2012. At the same time, the number of both new and active (total) listings were...

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June was a typically busy month in the Toronto real estate market. The number of sales reported in the Toronto MLS in June 2013 (9061) was just a shade under last year (9129). The average price ($531,374) increased by a fairly typical 4.7% year-over-year. (Regular readers...

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This spring has been super busy for me, so I have been remiss in my reporting duties. I am (once again) combining two months into one post. April TREB reported 9,811 sales in April, 2013, which was a slight dip in volume of 2% compared to April,...

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The Toronto Real Estate Board (TREB) has released the numbers for January, 2013. As is so often the case in Toronto, a decline in the number of sales (volume, down about 1%) coincided with an increase in the value of sales (price, up 4.3%). Of course,...

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The Numbers: The breakdown provided by TREB is pretty interesting: 6,896 sales (7% fewer than October 2011); average price $503,479 (up 6.2% from October 2011). More specifically, the average price for a fully detached house was up 5%; the average price for a semi was up 7%; the...

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