Jason Walker Real Estate in Toronto

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...

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...

TORONTO, November 16, 2010 – Greater Toronto REALTORS reported 3,076 sales through the MLS during the first two weeks of November 2010. This represented a 16 percent decrease compared to the 3,666 sales recorded during the same period in November 2009. Year-To-Date sales amounted to 78,526 – up slightly from the 2009 total. “The number of transactions remained high relative to new listings through the first half of November, promoting a healthy rate of price growth compared to last year,” said TREB President Bill Johnston. The average price for November mid-month transactions was $437,554 – up more than 5 percent compared to the average of $415,066 recorded during the first 14 days of November 2009. “Mortgage payments on the average priced home remain affordable in the GTA based. This is why the average selling price continues to increase,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

TORONTO, November 3, 2010 – Greater Toronto REALTORS reported 6,681 sales through the MLS in October 2010. This represents a 21 percent decrease compared to the 8,476 sales recorded in October 2009. Through the first ten months of the year, sales amounted to 75,582 – up one percent compared to the January through October period in 2009. “The annual change in sales and average selling prices has been quite uniform across the GTA and by property type as the market has balanced out from record levels of sales in the second half of 2009 and first few months of 2010,” said Toronto Real Estate Board President Bill Johnston. “The composition of GTA home sales does differ depending on location. Condominium apartments accounted for 42 percent of total sales in the City of Toronto and almost 60 percent of sales in TREB’s central districts,” Johnston continued. “In regions surrounding the City of Toronto, in contrast, low rise home types accounted for almost 90 percent of transactions.” The a...