toronto real estate board

Another Record Year for Toronto Real Estate

Andrea StarkJanuary 5, 2017- The average sale price of all homes in Toronto went up 20% in the last year- detached homes up 23.7% on average and condo apartments up 16.6%. In the City of Toronto, the average price of a detached home is now $1,286,600. In Central Toronto, $2,068,876! In the City of Toronto, the average condo sold for $466,692. In Central Toronto, $626,118. The feeling is that the market will remain strong, but there are new borrowing rules, borrowing rates are increasing, and there are big question marks coming from our neighbour to the south. Our city and country remain attractive to foreign buyers. Read TREB’s Market Watch Report and visit TOrealestate.ca for more info on Toronto real estate by Andrea Stark, Sales Representative, Johnston & Daniel, Division of Royal LePage R.E. Services Ltd., Brokerage 416-489-2121

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Toronto Real Estate Board Statistics Continue To Show Increased Sales and Prices

copy-of-j_d-social-media-logo_full-colour-600pxDecember 13, 2016- Goes to show how busy I am- never this late with monthly market updates! So: sales are up in Toronto 16.5% from this time last year and the average sale price of all properties is up 22.7%. The average sale price of a detached home in the 416 area is up 32.3% to $1,345,962 and the average condo apartment is up 13.5% to $471,266. So far, the new mortgage rates have not affected activity in Toronto. We will see what happens with Donald Trump and a predicted rise in interest rates. Review all the facts in this month’s Market Watch report- and visit RetireWellToronto.com Andrea Stark, SRES, Sales Representative, Johnston & Daniel- A Division of Royal LePage RE Services Ltd., Brokerage- 416-489-2121

Toronto Real Estate Market Stays Strong

autumnOctober 5th, 2016- The statistics out today from the Toronto Real Estate Board show the sustained demand for our fair city with increased sales, low inventory, and higher sale prices. The average sale price of a detached 416 property is up 23% from this time last year, now selling for $1,294,482 and up 6.5% to $446,294 for condo apartments. Read the full Market Watch Report and visit TOrealestate.ca for personal real estate advice and services including downsizing and investment properties- Andrea Stark, Sales Representative, Royal LePage RES Ltd./ Johnston & Daniel, Brokerage- 416-489-2121

Nearly 10,000 Sales In July- New TREB Record!

Toronto SitesAugust 21, 2016- Last month was the best July on record for Toronto real estate sales! Inventory continues to tighten and demand to buy here increases. Prices are up, on average, 16.6% from this time last year but low interest rates make it possible for many buyers to afford the prices. The feeling in the industry is that there will be a very strong Fall market. For more information, read the full TREB Market Watch Report here, and contact Andrea Stark, Sales Representative, Royal LePage RES Ltd., J&D Division, Brokerage for personal real estate advice- 416-489-2121

Toronto Real Estate Monthly Stats Show Active Listings Down 31.4%

TORONTOcityhallnightJuly 17, 2016- TREB’s June 2016 Market Watch Report shows the average sale price of detached homes is up 19.9% and condo apartment prices are up 7.7% from this time last year. The average price of a detached home in the 416 area is now $1,259,486 and a 416 condo is $448,000. Even with the uncertainty surrounding the US election, and the fallout from Brexit, the interest in Toronto real estate has remained super strong. For real estate advice, visit Andrea Stark, Sales Representative, Royal LePage RES Ltd./ J&D Division, Brokerage 416-489-2121

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

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