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Showing posts from December, 2010

TREB MLS Mid-Month December 2010

TORONTO, December 16, 2010 – Greater Toronto REALTORS reported 2,509 sales through the MLS during the first two weeks of December 2010. This represented a 19 percent decrease compared to the 3,079 sales recorded during the same period in December 2009. Year-to-date sales amounted to 84,316 – down one percent from the 2009 total of 84,888. “While off the 2009 record, the level of December transactions remains strong from a historic perspective. The number of transactions in 2010 will be the third highest on record,” said TREB President Bill Johnston. The average price for December mid-month transactions was $435,225 – up three percent compared to the average of $423,103 recorded during the first 14 days of December 2009. “Market conditions remain tight enough to support moderate growth in the average selling price. Expect the three percent annual rate of growth reported for the first two weeks of December to be the norm in 2011,” said Jason Mercer, TREB’s Senior Manager of Market An

TREB MLS -- AVERAGE Resale Home Price -- November 2010

TREB MLS New Listings --- November 2010

TREB MLS SALES__November 2010

Market Watch***Sales Strong in November

December 3, 2010 -- Greater Toronto REALTORS reported 6,510 existing home sales in November – down 13 per cent from 7,446 sales in November 2009. New listings were also down 13 per cent annually to 8,642. On a month-over-month basis, the seasonally adjusted annual rate of sales increased for the fourth straight month to 88,100. This rate was substantially higher than the July low of 67,900."The GTA resale market has tightened since the summer. Healthy market conditions continued to support growth in the average selling price," said Toronto Real Estate Board President Bill Johnston."Sales through the first 11 months of the year were down only marginally compared to the same period in 2009. We remain on track for one of the best years on record under the current TREB market area," continued Johnston.The average selling price for November transactions was $438,030 - up five per cent compared to November 2009. "The average selling price in the GTA is affordable. A