Newsletter may 2016
RECORD HOME SALES There were 12,085 sales in April 2016, which represented a record for the month of April which was up by 7.4% in comparison to April 2015. For the TREB market area as a whole, annual sales growth…
Read moreNewsletter April 2016
There were 10,326 transactions in March 2016, and 22,575 sales in the first quarter. This resulted in record home sales for the first quarter. The year-over-year growth rate for sales was 15.8% for the first quarter and 16.2% for March…
Read moreFive things to know about Canada’s new mortgage rules
New federal rules took effect this past February 15, when buying a home between $500,000 and $1 million. Main points to consider: down payment, those affected, the impact, sales activity, and past eligibility rules. Currently you will need to put…
Read moreFebruary 2016, Newsletter
MARKET COMMENTARY Last month, the Toronto Real Estate Board (TREB) released its first Market Year in Review & Outlook Report. After 2015’s record sales volume, the report offers interesting insight into the communities and product that drove the market, and…
Read moreMONTHLY REAL ESTATE MARKET NEWS THAT MATTERS | November 2015
MARKET COMMENTARY Compliments of SUSAN YOUNG, Sales Representative & RACHEL SEKLER, Sales Representative. October was another record month for sales in the GTA with a combined 8,804 home sales being reported by the Toronto Real Estate Board (TREB). This marks…
Read moreTHE VALLEY OF THORNHILL REPORT
MARKET REPORT The Toronto Real Estate Board announced 8,940 sales last month in The Greater Toronto Area, representing an 11% increase compared to March 2014. Sales were up for most major home types, both in Toronto and the surrounding regions.…
Read moreTHE ENGLEMOUNT REPORT
MARKET REPORT Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 6,338 home sales last month, representing a substantial 11.3% year-over-year increase compared to February 2014. “Even with the record low temperatures,” said Etherington, “we…
Read moreTHE ARMOUR HEIGHTS/CLANTON PARK REPORT
MARKET REPORT The 2014 Toronto real estate sales numbers are in from the Toronto Real Estate Board, and the result? 2014 almost beat the record set for sales in 2007, falling ever so slightly short with a 6.7% increase in…
Read more