These numbers are soming to talk about!
GTA REALTORS® Report December Mid-Month Resale Housing Market Figures
TORONTO, December 17, 2009 - Greater Toronto REALTORS reported 3,079 existing home
transactions in the first two weeks of December compared to 1,487 in 2008. The strong
growth represents both increased home ownership demand and the fact that we are
comparing the recovery phase of the sales cycle this December with the contraction
phase experienced last winter Year-to-date sales, at 84,888, were up 16 per cent compared to the same period last year and have moved in line with the healthy levels experienced in the 2004 through 2006 period. "We experienced a very strong and broad based recovery in the second half of 2009," said Toronto Real Estate Board President Tom Lebour. "The rebound in the housing sector speaks to the confidence that households have in overall economic recovery.” The average resale home price during the first two weeks of December rose 17 per cent to $423,103. The year-to-date average was $395,411, up four per cent compared to the same period in 2008.
“The double-digit price growth we have experienced since September will continue
through the first quarter of 2010. Average price growth will move to a sustainable pace in the spring as listings increase," according to Jason Mercer, TREB's Senior Manager of Market Analysis.
NEW TREB Housing Market Charts!
Take a look at the new Toronto Real Estate Boards Chart comparing 3 Year MLS sales.
Do you think this is a bubbling of the market or just smoke and mirrors caused by the Bank of Canada Stimulus? The truth to the matter is that by comparing the GTA economic indictaors we have a slump still going on in the market. Don't beleive every thing you read.
Do you think this is a bubbling of the market or just smoke and mirrors caused by the Bank of Canada Stimulus? The truth to the matter is that by comparing the GTA economic indictaors we have a slump still going on in the market. Don't beleive every thing you read.
One Park Tower For Lease
Condo For Lease $1300
Stunning One Park Tower An Icon Of Luxury, Modern, And Sophistication- The City's Tallest Residential Landmark Tower, Rarely Offered 1 Bed, 1 Bath Suite. Equipped With Gorgeous Hardwood Floors, Stainless Steel Appliances, Granite Counters, 9Ft Ceiling, Mirrrored Backsplah, Aquatic Center, 24 Hr Concierge, Virtual Golf, Sunset View And Much Much More! Walk To Go Transit, Square One, Buses And The Heart Of The City. See It To Believe It!
GTA REALTORS® Report Mid-Month Resale Housing Market Figures
TORONTO, November 18, 2009 - In the first two weeks of November, Greater Toronto REALTORS® reported 3,666 sales – up 84 per cent compared to the first two weeks of November 2008. The average price for these transactions was up 10 per cent year-overyear to $415,066. Increased interest in ownership housing has been widespread throughout the GTA and across all housing types,” said Toronto Real Estate Board President Tom Lebour. “However, it is important to point out that we are now making comparisons to the fall of 2008 when we experienced a marked decline in sales and average price” Year-to-date sales, at 78,233 are up 11 per cent compared to 2008. Average price, at $393,180, is up by three per cent. “Sales and average price in the GTA this winter will be well above levels reported throughout the fourth quarter of 2008 and the first quarter of 2009," according to Jason Mercer, TREB's Senior Manager of Market Analysis.
TREB Reports Strong Growth in October MLS Transactions
TORONTO, November 4, 2009 - In October 2009, Greater Toronto REALTORS® reported
8,476 sales, up 64 per cent from October 2008. The average price for October
transactions was $423,559 – up by 20 per cent compared to the same month last year.
"Strong sales growth has occurred across many property classes – from price ranges
that would attract first-time buyers to luxury properties selling for over one million dollars," said TREB President Tom Lebour. “The highest rate of sales growth in October was experienced for properties selling for over $750,000. In contrast, luxury home sales declined at an above-average rate last year.” Year-to-date sales, at 74,721, were up nine per cent compared to the first ten months of 2008. Average price, at $392,264 was up by almost three per cent. "After a short dip in the winter, the average home price in the GTA has rebounded because sales have been high relative to listings," according to Jason Mercer, TREB's Senior Manager of Market Analysis. “Watch for listings to rebound in 2010 as home owners react to the strong sales and price growth experienced in the latter half of this year.”
Source: Toronto Real Estate Board
8,476 sales, up 64 per cent from October 2008. The average price for October
transactions was $423,559 – up by 20 per cent compared to the same month last year.
"Strong sales growth has occurred across many property classes – from price ranges
that would attract first-time buyers to luxury properties selling for over one million dollars," said TREB President Tom Lebour. “The highest rate of sales growth in October was experienced for properties selling for over $750,000. In contrast, luxury home sales declined at an above-average rate last year.” Year-to-date sales, at 74,721, were up nine per cent compared to the first ten months of 2008. Average price, at $392,264 was up by almost three per cent. "After a short dip in the winter, the average home price in the GTA has rebounded because sales have been high relative to listings," according to Jason Mercer, TREB's Senior Manager of Market Analysis. “Watch for listings to rebound in 2010 as home owners react to the strong sales and price growth experienced in the latter half of this year.”
Source: Toronto Real Estate Board
GTA Housing Market Rebound Continues in September
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 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.
Median Price
In September, the median price was $347,000, up from the $322,000 recorded during September of 2008.
Source: Toronto Real Estate Board - Market Watch Report »
“We have experienced an increasing rate of existing home price growth in the GTA as sales have continued 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.
Median Price
In September, the median price was $347,000, up from the $322,000 recorded during September of 2008.
Source: Toronto Real Estate Board - Market Watch Report »
Halloween Glamour Wreath
Black feathers are a great tool for giving your space a Gothic glam vibe. Hang this wreath over a mantel, on top of a mirror or on the inside of your front door. You can also create the same affect using feather boas. Abbott Collection $35 Call 1-800-263-2955 for details.
House and Home magazine
DIY Painted Wood Headboard
I'm always looking for new and cost effective ways to enhance the look of my properties. My daily travels to the thrift store, furniture liquidation sales, auctions and garage sales have become a important faucet of my staging business. Take a look at this DIY project from House and Home, every great bedroom needs a great headboard.
Click the link below for the full DIY project.
http://www.houseandhome.com/design/diy-painted-wood-headboard
Click the link below for the full DIY project.
http://www.houseandhome.com/design/diy-painted-wood-headboard
Final Business Card
I wanted to stand out from the crowd..... So I decided to take the standard real estate business card look to the next level. As this business consistency changes, so does our style. With style in mind, the backdrop couldn't be any better -thank you to Roger and Jen for there generosity. I need to thank my wonderful photographer Julian Moniz for doing a amazing job. For those of you looking for the best there is in photography check out julianmoniz.blogspot.com.
Subscribe to:
Comments (Atom)