March 5, 2013 - The Toronto Real Estate Board this morning released the Toronto and GTA MLS® sales figures which show a continuation of the trend of past months, namely a softening in the number of homes sold but a rise in average prices. The slowing in the number of units sold was relatively consistent across the GTA, and prices rose in all areas with the exception of the 416...Read More

    February 4, 2013 - The January, 2013 sales figures were released today by the Toronto Real Estate Board and showed somewhat mixed results versus the year-earlier period. Generally, the recent trend of "lower sales volume but higher prices" continued, but the differences by area were noteworthy. In the 416, for example, the number of sales of detached homes fell 7.6% vers...Read More

    January 4, 2013 - The Toronto Real Estate Board has released December 2012's reisdential MLS sales numbers which show that the trend of recent months continuined: a further softening in the number of homes sold, while average prices continued their rise. December sales were off 19.5% versus December 2011: 3,690 this December; 4,585 in the year-earlier month. Average selling p...Read More

    December 5, 2012 - The Toronto Real Estate Board today released November 2012's residential MLS® sales statistics which showed a continuation of the trend of recent months: Softening unit sales combined with higher average selling prices. Specifically, the number of homes sold in November fell 16.1% to 5,793 [versus 6,908 in Novermber, 2011] and the average price rose 1.6%...Read More

    November 3rd, 2012 - October sales statistics were released today by the Toronto Real Estate Board and reflected a similar pattern to the last couple of months, namely, a decrease in the number of units sold while average prices continued to rise. Unit sales were off 7.1% versus the year-earlier period, though average price rose 6.2% to $503,479. TREB's Jason Mercer note...Read More

    October 3, 2012 - The Toronto Real Estate Board's September market stats are out and, as some had predicted, the number of units sold continues to soften, though average prices continue to rise. New listings were up about 4% year-over-year, and the average price rose about 8.5% to $503,662, but unit sales dropped 21% versus the year-earlier period. Now, 2011 was a fabulous ye...Read More

    September 5, 2012 - August, 2012 market statistics were released today by the Toronto Real Estate Board showing that while average prices rose 6.4% over August, 2011, the number of homes sold fell 12.5% year-over-year [6,418 vs. 7,330]. New listings in August were down 5.5%. Average sale price $479, 095 versus August, 2011's $450,323. The only rise in unit sales was that of ...Read More

    August 3, 2012 - July, 2012 sales figues were released today by the Toronto Real Estate Board and showed a slight decline of 1.5% in units sold versus the same period a year earlier, but with prices up about 4% over the same period. Unit sales were 7,570 in July, 2012; the average selling price $476,947. The July 2011 figures were 7,683 and $458,646 respectively. While detached an...Read More

    July 5, 2012 - June, 2012 sales figures were released today by the Toronto Real Estate Board. The 905 area - with it's lower prices and lower Land Transfer Tax - continued to outperform the City of Toronto, though overall market activity was off somewhat as unit sales in the Condominium sector fell 18% year-over-year. While the 905 showed modest growth in sales of Freehold hom...Read More

    June 18, 2012 - TREB's sales statistics for the 1st fourteen days of June were released today and reflected flat unit sales on a year-over-year basis - though the average price continued higher to $516,834 - an increase of more than 8% versus the $477,025 average for the year-earlier period. New listings were up 16% year-over-year. Interestingly, strong growth continued in th...Read More