Richard Silver

Selling in Toronto Category

Toronto Area REALTORS® Release January 2012 Market Figures

TORONTO, February 3, 2012 -- Greater Toronto REALTORS® reported 4,567 sales through the TorontoMLS® system in January 2012. This number was 8.8 per cent higher than the 4,199 sales reported in January 2011. Sales growth was strongest for low-rise home types in the regions surrounding the City of Toronto. “A favourable affordability picture bolstered by very low posted fixed mortgage rates has kept home buyers confident in their ability to achieve the Canadian goal of home ownership,” said Toronto Real Estate...Continue Reading...

Toronto Real Estate: Bringing Clarity to the Marketplace

Buyers today are getting a lot of mixed messages. The statistics from the Toronto Real Estate Board have been strong but a lot of the price increases have been driven by a shortage of listings meaning a lack of options for buyers. It is a tight market for Today's Buyer at a time when mortgage rates are at their lowest in history, making it the best time to get a mortgage. There are also a lot of confusing statements coming...Continue Reading...

Toronto Area Housing Market Watch December 2011

Here is the Toronto Area Housing Market Watch for December 2011. There is a lot of detail here and it covers the whole City but for those of you who like to drill down...all of the MLS Sales are here. Always remember that these figures are ones that happen when members place listings on the Multiple Listing System and do not account for any other transactions. Toronto Market Watch for December 2011 View more presentations from Richard Silver...Continue Reading...

Toronto Area Housing Market Charts for December 2012.

Here are the housing market charts for the Toronto Area MLS Sales for December 2011...Sorry if I am late getting them to you as it has been a crazy busy January 2012. Toronto Real Estate Board Housing Market Charts View more presentations from Richard Silver Continue Reading...

Toronto Real Estate: Expect demand to be strong in 2012

January 13, 2012 -- Each January many of us set goals for the year ahead, taking into account household finances and broader economic circumstances. One key yardstick of our nation’s economy is the real estate market, which in Toronto came to a strong finish in 2011, making it the second best year on record with 89,347 transactions, up four per cent in comparison to 2010’s 86,170 sales. Last month alone, a total of 4,718 homes changed hands, representing a seven per...Continue Reading...

Toronto Real Estate Board, November 2011

Here is the most recent Market Watch from the Toronto Real Estate Board for November 2011. There is lots of detail about the markets within the Greater Toronto Area. November 2011 Market Watch View more presentations from Richard Silver. Your thoughts?Continue Reading...

Greater Toronto Housing Market Charts for November 2011

Here are the most recent Housing Market Charts for November 2011. These charts go back over the activity of the past three years and help you view the market in a fuller perspective. November 2011 Housing Market Charts View more presentations from Richard Silver. Your thoughts??Continue Reading...

Greater Toronto REALTORS® Release November 2011 Resale Housing Figures

Toronto, December 6, 2011 – Greater Toronto REALTORS® reported 7,092 residential transactions through the TorontoMLS® system in November – up 11 per cent in comparison to November 2010. At the same time, the number of new listings was up by 14 per cent in comparison to last year.  "We have seen strong annual sales growth through the 2011 fall market. The increase in transactions has been broad-based, with strong growth across low-rise and high-rise home types throughout the Greater Toronto Area,"...Continue Reading...

Greater Toronto REALTORS® Report Mid-Month Resale Housing Market Figures

TORONTO, November 16, 2011 -- Greater Toronto REALTORS® reported 3,379 transactions through the TorontoMLS® during the first two weeks of November. This result represented more than a 13 per cent increase compared to November 2010. New listings were up 16 per cent over the same period. “The results for the first two weeks of November point to two important facts: First, despite global economic uncertainty, buyers have remained confident in the affordable housing market in the GTA. Second, stronger growth in...Continue Reading...

Toronto Area REALTORS® Release Resale Market Figures

Toronto, November 3, 2011 – Greater Toronto REALTORS® reported 7,642 home sales through the TorontoMLS® in October 2011. This represented an increase of 17.5 per cent compared to the 6,504 transactions reported in October 2010. Monthly sales data follow a recurring seasonal trend that should be removed before comparing monthly results within the same year. After adjusting for seasonality, the annualized rate of sales for October was 97,100, which was above the average of 90,700 for the first three quarters of...Continue Reading...