Wednesday, September 22, 2010
Saturday, September 11, 2010
Monday, September 6, 2010
Sunday, September 5, 2010
FIRST TIME BUYERS
Why rent when you can own?
FREE list of homes available with
5% money down, under $1300/month.
Visit:- http://www.GTAStopRenting.com
Why rent when you can own?
FREE list of homes available with
5% money down, under $1300/month.
Visit:- http://www.GTAStopRenting.com
HOMESELLERS - Findout what the home
down the street sold for! Freecomputerized
list of area home sales and current listings.
http://www.FastHomeSellingSystem.Info
down the street sold for! Freecomputerized
list of area home sales and current listings.
http://www.FastHomeSellingSystem.Info
Saturday, September 4, 2010
GTA REALTORS® Report Monthly Resale Housing Figures
TORONTO, September 3, 2010 ‐ Greater Toronto REALTORS® reported 6,232 sales
through the Multiple Listing Service® (MLS®) in August 2010.
This represented a 22 per cent decrease compared to the 8,035 sales recorded during
the same period in 2009. New listings decreased by one per cent year-over-year to
10,488.
“The prospect of interest rate hikes and new mortgage lending rules prompted some
households to purchase a home sooner than they otherwise would have this year. The
result has been a larger than normal dip in sales over the summer months. With this
said, it is important to recognize that sales on the year were eight per cent higher than
in 2009,” said Toronto Real Estate Board President Bill Johnston.
The average price for August transactions was $411,012 – up six per cent compared to
the average of $387,921 reported in August 2009.
“Market conditions have remained tight enough to support higher home prices in
comparison to last year. Under current mortgage lending standards, a household
earning the average income in the GTA can comfortably afford the mortgage payments
on an average priced home. Market conditions and the affordability picture would have
to change dramatically before a sustained drop in the average selling price would take
place,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.
Housing Charts Continue…
And Average Price August
2010 and 2009
Sales Average Price Sales Average Price
City of Toronto ("416") 2,360 $421,407 3,109 $402,246
Rest of GTA ("905") 3,872 $404,675 4,926 $378,880
GTA 6,232 $411,012 8,035 $387,921
Source: Toronto Real Estate Board
Sales & Average Price By Home Type
August‐2010
Sales Average Price
416 905 Total 416 905 Total
Detached 676 2,156 2,832 588,867 482,657 508,172
Yr./Yr. % Change ‐32% ‐22% ‐25% 4% 7% 6%
Semi‐Detached 255 421 676 463,769 342,933 388,515
Yr./Yr. % Change ‐19% ‐16% ‐17% 12% 9% 10%
Townhouse 261 720 981 354,843 305,896 318,918
Yr./Yr. % Change ‐29% ‐19% ‐22% 4% 5% 4%
Condo Apartment 1,143 476 1,619 330,952 250,585 307,324
Yr./Yr. % Change ‐18% ‐21% ‐19% 10% 5% 9%
Source: Toronto Real Estate Board
Ejaz Waraich
Re/max 2000 Realty Inc., Brokerage
Email: info@ejazwaraich.com
(416)371-EJAZ (3529)
1-888-915-5050 Toll Free
Visit my website http://www.EjazWaraich.com for FREE information.
-Distress Sales
-FREE Seller Reports
Sell Your Home Fast And For Top Dollar-FREE Buyer Reports
-Get The Most Home For Your Money-FREE Over
-The-Net Home Evaluation-Find Out What
The House Down The Street Sold For-And much more...
TORONTO, September 3, 2010 ‐ Greater Toronto REALTORS® reported 6,232 sales
through the Multiple Listing Service® (MLS®) in August 2010.
This represented a 22 per cent decrease compared to the 8,035 sales recorded during
the same period in 2009. New listings decreased by one per cent year-over-year to
10,488.
“The prospect of interest rate hikes and new mortgage lending rules prompted some
households to purchase a home sooner than they otherwise would have this year. The
result has been a larger than normal dip in sales over the summer months. With this
said, it is important to recognize that sales on the year were eight per cent higher than
in 2009,” said Toronto Real Estate Board President Bill Johnston.
The average price for August transactions was $411,012 – up six per cent compared to
the average of $387,921 reported in August 2009.
“Market conditions have remained tight enough to support higher home prices in
comparison to last year. Under current mortgage lending standards, a household
earning the average income in the GTA can comfortably afford the mortgage payments
on an average priced home. Market conditions and the affordability picture would have
to change dramatically before a sustained drop in the average selling price would take
place,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.
Housing Charts Continue…
And Average Price August
2010 and 2009
Sales Average Price Sales Average Price
City of Toronto ("416") 2,360 $421,407 3,109 $402,246
Rest of GTA ("905") 3,872 $404,675 4,926 $378,880
GTA 6,232 $411,012 8,035 $387,921
Source: Toronto Real Estate Board
Sales & Average Price By Home Type
August‐2010
Sales Average Price
416 905 Total 416 905 Total
Detached 676 2,156 2,832 588,867 482,657 508,172
Yr./Yr. % Change ‐32% ‐22% ‐25% 4% 7% 6%
Semi‐Detached 255 421 676 463,769 342,933 388,515
Yr./Yr. % Change ‐19% ‐16% ‐17% 12% 9% 10%
Townhouse 261 720 981 354,843 305,896 318,918
Yr./Yr. % Change ‐29% ‐19% ‐22% 4% 5% 4%
Condo Apartment 1,143 476 1,619 330,952 250,585 307,324
Yr./Yr. % Change ‐18% ‐21% ‐19% 10% 5% 9%
Source: Toronto Real Estate Board
Ejaz Waraich
Re/max 2000 Realty Inc., Brokerage
Email: info@ejazwaraich.com
(416)371-EJAZ (3529)
1-888-915-5050 Toll Free
Visit my website http://www.EjazWaraich.com for FREE information.
-Distress Sales
-FREE Seller Reports
Sell Your Home Fast And For Top Dollar-FREE Buyer Reports
-Get The Most Home For Your Money-FREE Over
-The-Net Home Evaluation-Find Out What
The House Down The Street Sold For-And much more...
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