Share Historically low interest rates on mortgages continue to drive demand and push home sales in the GTA. The Toronto Real Estate Board reported 8,476 sales across the GTA for the month of October, up 64 per cent from October 2008. This number includes both the 905 and 416 exchanges. The average sale price across [...]
Share Buyer demand for housing has remained strong during the month of October 2009 for the neighbourhood of Sheridan Homelands located in the south west area of Mississauga, MLS district W13. Low listing inventory and buyer demand has created a rise in the average sold price for a detached home in Sheridan Homelands, Mississauga. The [...]
Share Are You Going to Join? That’s the question I was thinking of when I was asked by my brother in law ”How’s Real Estate up their?” from down in New York… He’s thinking of purchasing Real Estate here in Canada. I couldn’t lie to him and tell him we’re going through a tough time with the recession. I [...]
Share Existing home sales in the Toronto area show a 28% increase in September compared to the year before, according to the figures released on Monday, by the Toronto Real Estate Board (TREB). TREB notes that 8,196 homes have traded hands during the month. The average price of an existing home is also up 10% [...]
Share The GTA market continues to heat up again in August. The Toronto Real Estate Board (TREB) has reported an amazing 8,035 sales this month by Greater Toronto Realtors. This is up 27% from August 2008 where there were only 6,318 sales that year. The average price for a home has also edged up slightly [...]
Share The numbers for August 2009 are in, and the story continues to revolve around the shortage of supply, and increasing demand leading to upward pressure on price. In August, Toronto Real Estate Board reported 8,035 sales (up 27% from the previous year). The graph below illustrates the dramatic change in inventory that we have [...]
