Posts Tagged House prices Toronto

Toronto Possibly Heading Towards A More Balanced Real Estate Market

May 5, 2017- The Toronto real estate market remains very active and sale prices are strong. However, new listings were up over 33% March 2017 compared with March 2016 and active listings were up 3% from a year ago. So, if inventory is increasing, we may be heading to a more balanced market, from the seller’s market Toronto has seen for what seems like forever. Time to sell if you were on the fence and time to buy before interest rates increase. Read TREB’s Market Watch Report here and visit TOrealestate.ca for personal real estate advice- Andrea Stark, Sales Representative, Royal LePage RE Services, Ltd., J&D Division, Brokerage 416-489-2121

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Toronto & Ontario Real Estate Proposed New Rules & Taxes To Address Fair Housing And The Heated Market

April 20, 2017- Ontario unveils a 16 point plan designed to control the heat of the GTA’s real estate market. Read the Ontario Fair Housing Plan and The Toronto Real Estate Board’s response. NB: We as REALTORS have been collecting client ID info including residency for many years now on a mandatory basis for FINTRAC, the government agency that monitors terrorism and money laundering. Andrea Stark, Sales Representative, Johnston & Daniel Division of Royal LePage RE Services Ltd., Brokerage 416-489-2121

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Toronto Real Estate Reports Yet Another Record Breaking Month

housing_charts3September 9, 2016- Since this time last year, sales are up 23.5% and the average sale price is up 17.7%. The average detached house in the 416 area sold for 21.5% over August 2015 and the average condo sale was up 9.8%. With interest rates remaining at record lows and demand for our city high, the feeling in the industry is that the real estate market will continue to be strong going forward. Read all the statistics in TREB’s Market Watch Report and visit TOrealestate.ca– Andrea Stark, Sales Representative, Royal LePage RES Ltd./ J&D, Brokerage, for real estate advice and personal assistance. 416-489-2121

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Toronto Real Estate Hits New Record For May 2016

Toronto SitesJune 3, 2016- Home sales increased 10.6% in May 2016 from May 2015. Listing inventory is down even further. Average sale prices are up 15.7% in Toronto- detached houses are now $1,285,693 and $2,013,470 in Central Toronto. Review the latest Market Watch Report from the Toronto Real Estate Board and visit TOrealestate.ca for personal real estate advice from Andrea Stark, Sales Representative, Royal LePage R.E.Svcs., Ltd, J&D Division, Brokerage 416-489-2121

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Toronto Real Estate Market Growth Continues

2016_MARCH_Market Stats JDApril 14, 2016- The Toronto Real Estate Board statistics for March 2016 show that average sale prices are up over 12% from the same time last year. Active listings are down 20.7% so demand is even higher and listings are selling in 16 days on average. The average sale price of a detached home in Central Toronto is now an unbelievable $1,863,704 and the average condo apartment in Central Toronto is selling for $464,888. Read all the March 2016 TREB stats and visit TOrealestate.ca for more information on investing in Toronto Real Estate- Andrea Stark, Sales Representative, Royal LePage RES Ltd/ J&D Division, Brokerage 416-489-2121

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Toronto Real Estate Sales Up Over 21% This Year

Top3122March 4, 2016- The stats are in. With active listings down 14.8% from this time last year, inventory conditions are even tighter. The average sale price of a detached home in the 416 area is now $1,211,459, which is up 14.9% from last year. 416 condos are selling for $435,579 on average. Buyers need the assistance of a diligent real estate professional more than ever to keep up with this fast-paced market and who have connections to off-market properties. For sellers, yes most properties will sell, but a smart, experienced REALTOR can maximize your profit and help make your transition seamless. Read the full TREB monthly report and visit TOrealestate.ca– Andrea Stark, Sales Representative, Royal LePage RES Ltd, Johnston & Daniel Division, Brokerage 416-489-2121

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MLS Monthly Statistics Prove Toronto Real Estate Market Keeps Blooming

TorontoIceJanuary 12, 2016- The number of home sales are up 9.2% from this time last year, despite the continued low inventory. Selling prices are up, on average, 9.8%. The price of a detached home is $1,039,638 in the 416 area, a whopping $1,768,589 in Central Toronto. The average 416 condominium apartment is selling for $400,088, $455,798 in  Central. Read this month’s full TREB Market Watch report and visit TOrealestate.caAndrea Stark, Sales Representative, Royal LePage RES Ltd./ J&D Division, Brokerage, 416-489-2121

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