GTA REALTORS® RELEASE MID-MONTH RESALE HOUSING FIGURES

 TORONTO, February 19, 2013 – Greater Toronto Area REALTORS® reported 2,823 sales through the TorontoMLS system during the first 14 days of February. This result represented a decline of 8.3 per cent compared to the same period in 2012.

 The number of transactions was lower for most home types in comparison to last year, but so too was the number of new listings. This means that market conditions remained quite tight, especially for low-rise home types. The result was continued price growth over last year,” said Toronto Real Estate Board President Ann Hannah.

 The average selling price for Toronto MLS transactions in the first half of February was $509,061 – up by four per cent in comparison to the same time last year. 

“The annual rate of price growth so far in February has been in line with expectations for 2013. The average selling price in the GTA will continue to grow this year but at a slower pace compared to 2012. The basis of this price growth will be the low-rise segment of the market, for which months of inventory and therefore choice for buyers remains very low,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. 

                                                2013                                                              2012

Weekly Sales Report - February 24, 2012

Region Area Sales Average Price

NOTE: Please note these are preliminary figures. Minor adjustments may be required at month's end.

Weekly Sales Report - December 15, 2011

Region Area Sales Average Price

NOTE: Please note these are preliminary figures. Minor adjustments may be required at month's end.

treb mls sales sales monthly with three years Comparison

 

Sales Comparison for previous three years.

TREB MLS New listings Monthly with three Previous Years for Comparison.

Trem MLS Sales to new Listing ration Monthly with Three Previous Years Comparison

Mississauga Homes for Sale
Brampton Homes for Sale

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,” said Toronto Real Estate Board (TREB) President Richard Silver. “The market has also become better supplied, with annual new listings growth outstripping that of sales. As this trend continues into 2012, we will see more balanced market conditions.”
The average price for November transactions was $480,421, representing an increase of almost 10 per cent in comparison to $437,494 in November 2010.
"Despite strong price growth this year, the housing market remains affordable in the GTA," said Jason Mercer, TREB’s Senior Manager of Market Analysis. "The correct method of assessing affordability is to consider the share of the average household’s
income that is dedicated to mortgage principal and interest, property taxes and utilities. Currently, this share remains in line with generally accepted lending guidelines. Given this positive affordability picture, average price growth is forecast to continue in 2012, albeit at a more moderate pace."

• Have adult supervision. Go with your kids if you don’t think they’re old enough to trick- or-treat on their own. If they’re old enough to trick-or-treat without an adult, tell your kids to stay in a group.

• Take the long way 'round. Have your kids trick-or-treat in areas where there are a lot of people around also avoid taking short-cuts through alleys and parking lots.
• Try trick-or-treat-friendly homes. Ensure your kids only visit houses with lights on. And, you might also suggest the houses they visit have some sort of Halloween decoration on the porch.
• Stay outside. Make sure your kids don’t go inside someone’s house. They can get their candy from the porch.
• Remain visible. Dress your kids in a bright costume so others can see them. If their costume is dark, have your kids wear reflective strips or carry a glow stick or flashlight.
• Remember, shorter is safer. Goes without saying but just in case you forget, ensure your kids’ costumes aren’t so long that they can trip over them.
• Don't cover the face. Instead of masks, have your kids wear make-up so they can see better.
• Check their treats. Check your kids’ candy before they eat it. Throw out any candy that is not in its original wrapper or looks like it has been tampered with.
• Say "no" to strangers. Tell your kids to never accept a ride or go anywhere with a stranger.
• Follow the Rules. Encourage your kids to follow all the regular rules for walking around. That includes looking both ways before crossing, obeying all traffic laws and using cross walks and crossing lights where available.
• Have a great time. Make sure your kids have tons of fun and get lots and lots of candy.

Brampton Houses trends Prices Mississauga Homes Mortgage Power of sale

Sales and Price Increase in May

June 3, 2011 -- Greater Toronto REALTORS® reported 10,046 sales in May 2011 – up six per cent compared to May 2010. This result was the second best on record for May under the current Toronto Real Estate Board service area. The number of new listings in May, at 16,076, was down 15 per cent compared to last year.

"Positive economic news and low borrowing costs led to strong sales through the first five months of the year, including the increase in May," said Toronto Real Estate Board President Bill Johnston. "At the same time, the market has become much tighter compared to last year, due to a substantial dip in new listings."

Homes were on the market for an average of 23 days and sold for an average price of $485,520– up nine per cent compared to $446,593 in May 2010. The strongest rate of price growth was experienced for single-detached homes sold in the City of Toronto.

"We have seen clear-cut seller's market conditions emerge over the past two to three months," explained Jason Mercer, TREB's Senior Manager of Market Analysis. "The robust price appreciation that we have seen will hopefully prompt more households to list, resulting in a more balanced market later this year," continued Mercer.

Median Price
In May, the median price was $400,000, from the $376,750 recorded during May of 2010.

Garage Cleaning Tips

• Discard toxic and flammable materials you no longer need. Place remaining materials high and out of reach. Keep toxic products in their original containers.
• Check the garage for flammable liquids such as gasoline, paint thinner, paint and cleaners. Make sure safety caps are in place and they are not near any heat sources. Keep only the amount you need to use - don't stock up on extra cans.
• Tidy loose papers, old rags, and debris in the garage that could contribute to a fire.
• When washing the car, clean the car safety seat as well - sticky snacks, crumbs, and drinks can interfere with the crotch buckle and chest clip. Use the instructions to find out how to remove the cover and clean these parts. Take the time to weigh and measure your children to make sure they still fit in the seat. Check that the shoulder straps are the right height. Be sure the seat is installed securely.

Spring is here and along with it comes our annual spring cleaning. Here are a few tips that will keep you safe when using an extension ladder:

- Before using a ladder outside, make sure to pick out a spot that is far enough from power lines, contact with live wires can be very dangerous

- Place your ladder on ground level and make sure all the locks are in place

- For extension ladders, use the 4 to 1 rule; for each 4 feet of distance between the floor and the topmost point on your ladder, move the base of the ladder one foot outwards. Suppose the ladder is 16 feet long, you would need to place the base 4 feet out.

- Always face the ladder when climbing and make sure to wear slip resistant shoes such as ones with rubber soles

- Make sure all the steps are dry before getting on the ladder and always keep your body centered on the ladder

- Always stand below the "safe-standing level" on a ladder. For an extension ladder this is the fourth step from the top

- Make sure to read and follow the manufacturers instructions. You can find these on your ladder manual

Here is mid April 2011(Up to 16 of April) update of Brampton and Malton Ontario real estate activity.

(TREB area# W18)

There were 95 active properties for sale in the Malton W18 area and 25 are sold.

Average Price $290,323.00

Med Price $316,300 .00

(TREB area# W23)

There were 696 active properties for sale in the Brampton W23 area and 257 are sold.

Average Price $376,670.00

Med Price $355,000 .00

(TREB area# W24)

There were 607 active properties for sale in the Brampton W24 area and 159 are sold.

Average Price $412,079.00

Med Price 394,000 .00