Simon Milberry Tag

More sales (6,391, up 14% over last year) and fewer active listings (16,092, down 12%) in November meant competition among buyers, and higher prices - shocking, eh? The average selling price for all dwelling types was $538,881, a year-over-year increase of 11.3% (which is significant). The MLS® Home Price Index (HPI) Composite Benchmark...

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As shown in TREB's latest report, October was another strong - if somewhat frustrating - month in the Toronto real estate market. The key points are that, compared to October 2012, there are fewer homes on the market (-10.5%), they are selling faster (DOM -2.6%), and...

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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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