Archive for the 'Toronto' Category
Toronto Real Estate Board: February Housing Market Charts
March 4th, 2010 categories: Buying in Toronto, Real Estate, Selling in Toronto, Toronto
Here are the latest Housing Market Charts from the Toronto Real Estate Board. Seems that the lack of product has been forcing the prices to rise…
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GREATER TORONTO REALTORS® REPORT FEBRUARY RESALES
March 3rd, 2010 categories: Downtown Toronto, Economy, Real Estate, Toronto
Here is the most recent update from the Toronto Real Estate Board. We are still having an active market due to the excellent mortgage rates available to the consumer. I’m always interested in your thoughts so feel free to comment below.
TORONTO, March 3, 2010 – Greater Toronto REALTORS® reported 7,291 sales through the Multiple Listing Service® (MLS®) in February, representing a 77 per cent increase over February 2009. The average price for these transactions was up 19 per cent year-over-year to $431,509. Sales and average price increases represent both increased demand for ownership housing and the base year effect, which involves a comparison of economic recovery this year to a period of economic decline last year.
“Increases in existing home sales and average price were noted across the GTA in low-rise and high-rise home types. Similar rates of growth were experienced in the City of Toronto and surrounding 905 regions,” said TREB President Tom Lebour. “This suggests that first time, move-up and down sizing buyers are all active in the existing home marketplace.”
New listings also increased in February, climbing 24 per cent compared to the same month last year.
“Annual growth in new listings is expected to continue. New listings growth will start to outstrip sales growth as we move through 2010,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “As the market becomes better supplied, we will see more sustainable single-digit rates of price growth.”
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Toronto Real Estate: Cabbagetown Detached with Double Garage.
February 28th, 2010 categories: Buying in Toronto, Cabbagetown, Downtown Toronto, Real Estate, Toronto
This great Cabbagetown listing is now $999,000. Own one of the few Detached Homes in Cabbagetown with a double car garage. It is a great opportunity and open today between 2-4 PM.
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Downtown Toronto Condominium at Carlton and Jarvis Streets.
February 25th, 2010 categories: Around TORONTO, Buying in Toronto, Condominium, Listings, Real Estate, Toronto
Excellent space and value for a Downtown Toronto Condominium. 1142 Square Feet 2 bedroom, 2 bathroom with great views. Asking $369,000! Open by appointment!
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Great Support for Haiti from the Toronto Real Estate Board
February 18th, 2010 categories: Downtown Toronto, Lifestyle, Real Estate, Toronto
February 17, 2010 — With Greater Toronto REALTORS’® individual donations, the federal government’s matching funds, and a TREB donation combined, Members of the Toronto Real Estate Board contributed nearly $75,000 to help those affected by last month’s earthquake in Haiti.
According to the Canadian Red Cross , Greater Toronto REALTORS’® individual donations to relief efforts in Haiti reached $12,085.
This amount will be doubled by the federal government, which pledged to match all individual Canadians’ contributions up to February 12th.
On behalf of Greater Toronto REATORS® TREB also donated $50,000 to Canadian Red Cross initiatives in Haiti. Read the rest of this entry »
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Greater Toronto Area REALTORS® Report Mid-February Figures
February 18th, 2010 categories: Around TORONTO, Buying in Toronto, Selling in Toronto, Toronto
TORONTO, February 18, 2010 — Greater Toronto REALTORS reported 3,555 sales through the Multiple Listing Service during the first two weeks of February. This represented a 74 per cent increase compared to the 2,044 sales recorded during the same period in 2009 when resale transactions had dipped due to the recession. The February mid-month sales total was also 7.7 per cent above the previous high set in 2006.
“Home ownership demand remains strong in the GTA, as households remain confident that economic recovery is at hand and that ownership housing will continue to be a quality long-term investment,” said Toronto Real Estate Board President Tom Lebour . Read the rest of this entry »
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Toronto Real Estate: High Park Penthouse Steps to Subway
February 15th, 2010 categories: Around TORONTO, Buying in Toronto, Condominium, Photos, Toronto
I have just listed this amazing opportunity to live within steps from High Park and the Bloor Subway. It is a 3 Bedroom, 3.5 Bathroom Condominium over 1846 Square Feet with a large Terrace, Vaulted Ceilings, Skylights, Hardwood Floors and Custom Finishes throughout. Check out the Video below and come to the Open House either Tuesday, February 16th, 11:30-1:00 or February 20 & 21 from 2-4 PM at 32 Gothic Avenue #7. Asking $949,000!
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Toronto: Why Adam Giambrone Should Not Be Mayor!
February 10th, 2010 categories: Around TORONTO, Downtown Toronto, Toronto
One word:Meglomania!
That a member of Toronto City Council and Chair of a very important City Service would think that running for Mayor would not compromise his decisions, shows that Adam Giambrone views himself as other than human and fallible. His recent apology of having a number of sex partners while being in a “supposedly” committed relationship is the next key. Do we need a “supposedly” committed Mayor?
The fact that the Deputy Premier of the Proviince would step down to run for Mayor, yet the Chair of the TTC does not think there is an issue of running for Mayor and being Chair of the TTC at the same time, leaves me in total doubt of his abilities and those of the group of back room boys that would float his name in the first place.
Torontonians are not that stupid!
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Toronto Real Estate Board Releases January 2010 Housing Market Charts.
February 4th, 2010 categories: Real Estate, Toronto
The Toronto Real Estate Board has released Housing Market Charts for January 2010. As you can see from these charts, sales are high but the listing stock is very low. These charts really give you the story of the past three years ride.
Check these out and feel free to comment below.
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GREATER TORONTO REALTORS® REPORT JANUARY RESALE HOUSING MARKET FIGURES
February 3rd, 2010 categories: Real Estate, Toronto
TORONTO, February 3, 2010 — Greater Toronto REALTORS® reported 4,986 transactions through the Multiple Listing Service (MLS®) in January 2010. This result represented a large increase over the 2,670 sales in January 2009 when the home sales were in a recessionary trough. Last month’s sales were slightly higher than the January average in the five years preceding 2009.
“The GTA housing market has rebounded well from the lows in sales experienced at the beginning of 2009. Sales climbed back to healthy levels across the GTA because the cost of home ownership remained affordable in the Toronto area,” said TREB President Tom Lebour. Read the rest of this entry »
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