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Showing posts from May, 2010

Today's Most Desirable Home Features

Canada Realty Newsletter May 2010- Housing trends and styles are changing constantly. Today, more than ever, buyers have a strong sense of what they want in a home. Today’s desirable home features depend greatly on the type of buyer. Buyers can be divided into two main groups. The first group are first-time buyers which is pretty self-explanatory. The second group are the move up buyers, which are looking to move into a home that addresses the shortcomings of their existing home. They aren't necessarily second-time buyers but they are often people that have out grown their current home. Buyer age is also a main factor in deciding the desired home features. This article focuses on what is hot in the housing market today. Whether you are planning on renovating, selling, or you are looking for a new home, this information will help you make choices that will contribute to both your real estate enjoyment and investment. Home Exterior Today, stone and stucco are very popular choic

GTA REALTORS Report Mid-Month Resale Housing Figures

TORONTO, May 19, 2010 - Greater Toronto REALTORS reported 4,887 sales through the Multiple Listing Service (MLS) during the first two weeks of May. This represented a 7% increase compared to the 4,561 sales recorded during the same period in 2009. New listings increased by 48% annually to 10,059. "The average household looking to purchase a home continued to benefit from affordable opportunities in the first half of May," said TREB President Tom Lebour. "The number of done deals will remain high for the remainder of 2010, but will dip from record levels". The average price for May mid-month transactions was $448,641 - up 12 % compared to the average of $399,811 recorded during the first 14 days of May 2009. "The total number of homes currently listed in the GTA is now within a more normal range. As buyers benefit from more choice in the second half of 2010, average selling prices will grow at a slower pace," said Jason Mercer, TREB's Senior Manager o

TREB MLS New Listings - April 2010

TREB MLS SALES - April 2010

GTA REALTORS® Report Monthly Resale Housing Figures

May 5, 2010 --Greater Toronto REALTORS® reported 10,898 sales through the Multiple Listing Service® (MLS®) in April, representing a 34 per cent increase compared to April 2009. There were also 20,683 new listings in April - a 59 % annual increase. Both the sales and new listings results amounted to new records for the month of April under the current Toronto Real Estate Board(TREB) boundaries. "The GTA resale market is functioning properly. Sales were high as buyers continued to take advantage of affordable home ownership opportunities. Listings grew as home owners reacted to strong sales and price growth," said TREB President Tom Lebour. "More balanced market conditions will result in sustainable rates of annual price growth in the second half of 2010. The average price for April transactions was $437,600 - up 13 % compared to the average of $385,641 recorded in April 2009. "Home sales will continue to be driven by many different segments of the market, with sales