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James Metcalfe’s Real Estate Update May 2012 … In Our Home Toronto

May 17, 2012 by James Metcalfe Leave a Comment

Here is our May Real Estate Update for Our Home Toronto: You’ll note average April prices are up 9% vs 2011 for a new all time high average GTA price of  $517,556 & volumes are up 18% vs 2011 for April sales of  10,350 homes sold, an interesting article on How To Optimize Curb Appeal, Personal Finance … HST and your Real Estate investment, a MUST read … How and Why it’s less expensive to buy a home today than it was 20 years ago! and the ever popular Pearls of Wisdom … Enjoy and do let us know if you would like to receive this update by email.

For loads of Listings and free information on buying or selling  Visit OurHomeToronto

James Metcalfe’s Toronto Real Estate Market Update May 2012
View more documents from James Metcalfe.

Filed Under: Consumer Best Interests, F.A.Q., Investment Opportunities, Love to Laugh, Market Stats & Trends, Our Home Toronto Real Estate Newsletter, Your Next Move ... Up-Sizing / Down-Sizing Tagged With: James Metcalfe Real Estate, Toronto Home Sales, Toronto Homes, Toronto Real Estate, Toronto Statistics & Trends

James Metcalfe’s Real Estate Update March 2012 … in #OurHomeToronto

March 12, 2012 by James Metcalfe Leave a Comment

Here is our March Real Estate Update for Our Home Toronto: You will note Average February prices broke $500K, an interesting article Condo Tenant obligations, Electric Hydro Meters and Smart Meters, and the ever popular Pearls of Wisdom … Enjoy and do let us know if you would like to receive this update by email.

For loads of Listings and free information on buying or selling  Visit OurHomeToronto

James Metcalfe’s Real Estate Market Update March 2012

View more documents from James Metcalfe.

Filed Under: Consumer Best Interests, F.A.Q., Market Stats & Trends, Our Home Toronto Real Estate Newsletter, Your Next Move ... Up-Sizing / Down-Sizing Tagged With: James Metcalfe, Market Trends, OurHomeToronto, Toronto Home Sales, Toronto Real Estate Trends

Toronto Home Prices Up in May … Buyers pay more with less choice

June 7, 2011 by James Metcalfe Leave a Comment

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.

Toronto Real Estate Housing Statistics May_2011

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Filed Under: Market Stats & Trends Tagged With: Sellers Market May 2011, Toronto Home Sales

Toronto Home Sales: Second Best March on Record

April 6, 2011 by James Metcalfe Leave a Comment

Second Best March on Record

April 5, 2011 — Greater Toronto REALTORS® reported 9,262 transactions through the TorontoMLS® system in March 2011, representing the second best March result on record. The number of transactions was 11 per cent lower than the record result reported in March 2010.

“The strong home sales reported in March and throughout the first quarter of 2011 have been based on a solid affordability picture and improving economic conditions in the GTA and country-wide,” said Toronto Real Estate Board (TREB) President Bill Johnston.

The average selling price for March 2011 was up five per cent year-over-year to $456,147. The strongest average annual price growth was reported for condominium apartments and semi-detached houses, at approximately seven per cent for both home types.

“Market conditions were tighter in March compared to last year. With more competition between buyers, we have seen a strong but sustainable rate of price growth,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

Median Price
In March, the median price was $385,000, from the $370,000 recorded during March of 2010. Visit http://www.OurHomeToronto.com to search for your next HOME

Toronto real estate market charts march 2011

View more presentations from James Metcalfe.

Filed Under: Market Stats & Trends Tagged With: March 2011 Home Sales, Toronto Home Sales, Toronto Home Sales Up March 2011

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