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Showing posts from July, 2014

Toronto MLS Average Resale Home Price - June 2014

Toronto MLS Sales-To-New Listings Ratio - June 2014

Toronto MLS New Listings - June 2014

Toronto MLS Sales - June 2014


TORONTO, July 4, 2014 – Stepping into his role as President of the Toronto Real Estate Board, Paul Etherington announced a strong increase in residential sales reported through the TorontoMLS system in June. Sales were up by 15.4 per cent year-over-year to 10,180 transactions. New listings were also up compared to the same period in 2013, but by a lesser annual rate. This means that competition between buyers increased in June. “Home buyers in the Greater Toronto Area are confident in their ability to purchase and affordably pay for a home. Generally speaking, buyers feel that ownership housing will be a good investment over the long term. This is why we continued to see increases in home sales in June for all major home types across the GTA. Given the degree of pent-up demand in the market today, I would expect to see sales growth continue through the summer,” said Mr. Etherington. The average selling price for June transactions was $568,953, representing an increase o