TORONTO, October 5, 2009 – In September 2009, Greater Toronto REALTORS® reported 8,196 sales, up 28 per cent from September 2008. The average price for September transactions was $406,877 – up by 10 per cent compared to the same month last year.
“We have experienced an increasing rate of existing home price growth in the GTA as sales have continued to outpace 2008 results,” said TREB President Tom Lebour. “Consumers have remained confident in ownership housing as a long-term investment.
” Year-to-date sales, at 66,437 were up 4.5 per cent compared to the first nine months of 2008. Average price, at $388,417 was up by almost 1.5 per cent.
“Existing home sales will finish strong this year, pushing through the 80,000 mark and moving in line with some of the best years on record under the current TREB market area,” according to Jason Mercer, TREB’s Senior Manager of Market Analysis.
Source: TREB (Toronto Real Estate Board)
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Tags: home sales·resale·Sepetember 2009·Toronto Real Estate Board
- 18 Spring Garden, M2N 7M2
- Platinum XO
- 36 Storey High Rise Condominium
- Location: North York, Just north of Yonge and Sheppard
Amenities include: Bowling Alley, Golf, Indoor Pool, Exercise Room, Billiards room, 24 hr concierge and more.
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- 18 Kenaston Gardens, M2K 1G8
- Rockefeller on Bayview
- 20 Storey Condo Tower
- Complete in 2006
- Built by Daniels
- Part of the the New York Towers @ Bayview and Sheppard
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Tags: 18 Kenaston Gardens·Bayview and Sheppard·Condos·M2K 1G8·Rockefeller
- 4k Spadina Ave, M5V 3Y9
- NEO
- Cityplace, Front and Spadina
- 15 Storey Condominium
- Built by Concord
- Registered in 2009
- Amenities: Gym, Pool, Concierge, Party/Meeting Room, Guest Suites and more
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Tags: 4k Spadina·CityPlace·Front and Spadina·Neo
- 28 Empress Ave, North York, M2N 3T3
- The Majestic 1
- 22 Floor Condominium Apartment
- Finnished in 1999
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Tags: 28 Empress Ave·Condo·North York·The Majestic
- 17 Barberry Pl., M2K 3E2
- The Empire
- Located at Bayview and Sheppard
- 28 Floor High-Rise Condominium
- Built by Daniels Corporation
- Complete 2005
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- 5500 Yonge St M2N 7L1
- Pulse
- Located in North York at Yonge / Finch
- 27 Floor High-Rish Condominium Building
- Built by Pemberton Group
- Registered 2009
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In August 2009, Greater Toronto REALTORS 8,035 sales, up 27% per cent from August 2008. The average price for August transactions was $387,921 – up by six per cent compared to the same month last year.
“The increase in demand for existing homes has been widespread across different housing types and price ranges,” said TREB President Tom Lebour. “This suggests many categories of home buyers have chosen to make a long-term investment in housing, from first-time buyers to move-up buyers or buyers who are seeking a lifestyle change.”
Year-to-date sales, at 58,421 were up two per cent compared to the first eight months of 2008. Average price, at $385,978 was up by less than one-half of one per cent.
“We have heard more positive economic news lately. The improved housing market has played a key role,” explained Jason Mercer, TREB’s Senior Manager of Market Analysis. “Home sales have helped other sectors of the economy through home buyers’ spending on things like financial and legal services, moving, renovations and home furnishings.”
Source: TREB (Toronto Real Estate Board)
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Tags: August 2009·market update·Toronto Real Estate
In July 2009, Greater Toronto REALTORS 9,967 sales, up 28 per cent from July 2008. The average price for July transactions was $395,414 – up by six per cent compared to the same month last year.
“Households confident in their positioning within the current economic environment have taken advantage of housing affordability in the GTA,” said TREB President Tom Lebour. “The real estate sector has been one of the sectors making a positive contribution to economic growth in the GTA, not to mention Ontario and Canada more broadly.”
Year-to-date sales, at 50,632 are down 1.2 per cent compared to the first seven months of 2008. Average price, at $385,808 is down by less than one-half of one per cent.
“The steep drop-off in sales experienced at the beginning of the year has all but dissipated,” explained Jason Mercer, TREB’s Senior Manager of Market Analysis. “With five months left to go in the year, it is probable that total existing home sales in 2009 will be at or above last year’s level.”
Source: TREB (Toronto Real Estate Board)
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Tags: gta·july 2009·market update·resale·Toronto Real Estate Board
August 4th, 2009 · Welcome
Welcome to the Selling Your Toronto Home / Condo Blog.
Thanks for visitng the blog, this is the very first blog post on this site. It has the usual RSS and Email subscription options. This whole website is geared towards anyone looking to sell their Toronto Home or Condo. This blog will mostly feature monthly and mid month updates from the Toronto Real Estate Board, PDF files and area reports will be available for download. You will also find regular charts and statistics for MLS districts C01, C08, C07, C14, C15, and some charts broken down into complexes such as Downtown’s Cityplace and individual streets like Harrison Garden Blvd in North York. If you are looking for buyer information feel free to visit my main blogs, Downtown Toronto Luxury Condos and Toronto Real Estate & Condos Blog
Steven Campbell, Sales Representative
Homelife Victory Realty Inc, Brokerage*
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Tags: C01·C07·C08·C14·C15·Real Estate·Sell·Toronto Condos
