The Toronto Real Estate Board reported 2,999 transactions for the first 14 days of June 2017. This result was down by 50% in comparison to the same time period in June 2016. The decline in sales was greatest for detached houses followed by other low-rise home types. The number of new listings through the first two weeks of June was up on a year-over-year basis to 9,988 – a 22% increase compared to the same time period in 2016. It is worth noting, however, that the annual growth rate for new listings did moderate compared to May. Growth in new listings was much ...
Mid-June Resale Figures Released
June 20, 2017Market Reports Toronto Condo Buyers Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto Condo Sellers Toronto Real Estate News
New Listing in North York - 4968 Yonge St 3110
June 15, 2017
Ultra-Chic 1 Bedroom In The High Demand Ultima At Broadway By Menkes, Thousands In Upgrades, Caesarstone Kitchen Countertops, Under-Mounted Sink, New Broadloom In Master Bedroom, Freshly Painted, Conveniently Located In The Heart Of North York, Direct Underground Access To The Subway, Minutes To Empress Walk, Yonge Sheppard Centre, Restaurants, Shopping, Cafes, Theatres, 97 Walk Score, Best 1 Bedroom Functional Layout, South Facing High Floor Exposure. Parking Space Located Near Elevator, 1 Year Old Bosch Dishwasher, Fridge, Stove, Microwave, Washer/Dryer, Balcony Tiles, Window Coverings & Light Fixtures, Fabulous Building Amenities. 1 Bed, 1 Bath, Parking and Storage Locker Included ...
Active Listings Increase in May
June 5, 2017Market Reports Toronto Condo Buyers Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto Condo Sellers Toronto Real Estate News
The Toronto Real Estate Board reported 10,196 sales for May 2017 – down by 20.3% compared to 12,790 sales reported in May 2016. Sales of detached homes were down by 26.3%. Sales of condominium apartments were down by 6.4%. Active listings – the number of properties available for sale at the end of May – were up by 42.9% compared to the lowest level in 15 years recorded in May 2016, but remained below the average and peak during that period. The number increased considerably for low-rise home types including detached and semi-detached houses and townhouses. Active listings for condominium apartments were down ...
May Mid-Month Resale Figures Released
May 22, 2017Market Reports Toronto Condo Buyers Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto Condo Sellers Toronto Real Estate News
The Toronto Real Estate Board reported 5,021 transactions for the first 14 days of May 2017. This result was down by 16% in comparison to the same time period in May 2016. The decline in sales was greatest for low-rise home types, including detached and semi-detached houses and townhouses. The number of new listings was up by 46.9% year-over-year to 12,626, compared to 8,596 new listings entered during the first two weeks of May 2016. Growth in new listings was strongest for low-rise home types. From a geographic perspective, year-over-year growth in new listings was much stronger in the GTA regions surrounding the ...
Strong New Listing Growth in April
May 3, 2017
The Toronto Real Estate Board reported 33.6% more new listings in April 2017, at 21,630, compared to the same month in 2016. New listings were up by double-digits for all low-rise home types, including detached and semi-detached houses and townhouses. New listings for condominium apartments were at the same level as last year. Total sales for the TREB market area as a whole amounted to 11,630 – down 3.2% year-over-year. One issue underlying this decline was the fact that Easter fell in April in 2017 versus March in 2016, which resulted in fewer working days this year compared to last and, historically, most ...
Tight Rental Market Conditions Continue in Q1
May 1, 2017Market Reports Toronto Condo Information Toronto Condo News Toronto Real Estate News Toronto Rental Market
The Toronto Real Estate Board reported 6,680 condominium apartment lease transactions for the first quarter of 2017. This result was up by 3.5% compared to the first quarter of 2016. The number of condominium apartments listed for rent at some point during the first quarter was up on a year-over-year basis, but by less than 1%. As the population continues to grow in the Greater Toronto Area, the demand for housing increases. Some of this demand is pointed at the rental market, including condominium apartments that owners have chosen to rent out to tenants. The problem is that the supply of units available ...
Toronto Condo Market Conditions Tightened Further in Q1
April 29, 2017
The Toronto Real Estate Board reported a double-digit annual increase in condominium apartment sales in the first quarter of 2017. A total of 7,251 condominium apartments changed hands through TREB’s MLS® System during the first three months of 2017 – up 21.7% compared to the same period in 2016. Over the same period of time, the number of new condominium apartment listings entered into the MLS® System was down by 18.8% to 9,036 compared to 11,123 new listings a year earlier. Condominium apartments have historically been the housing type of choice for many first-time buyers due to the relatively lower price point compared ...
April Mid-Month Resale Statistics Released
April 25, 2017
The Toronto Real Estate Board reported 6,098 transactions for the first 14 days of April 2017. This result was up by 10.8% in comparison to the same time period in April 2016. Sales were up for all major home types on a year-over-year basis – both in the City of Toronto and surrounding regions making up the TREB market area. The number of new listings was also up annually, at 8,978 compared to 7,696 – an increase of 16.7%. It is interesting to note that the annual rate of increase for new listings outstripped the annual rate of increase for sales. This means ...
Tight Market Conditions Continue in March
April 12, 2017
The Toronto Real Estate Board reported 12,077 residential sales in March 2017. This result represented a 17.7% increase compared to the 10,260 sales reported in March 2016. For the TREB market area as a whole, annual sales growth was strongest for condominium apartments and detached houses. The number of new listings also increased on a year-over-year basis, at 17,051 – a 15.2 increase compared to March 2016. The strongest growth in new listings was experienced in the detached market segment. While new listings were up strongly compared to last year, the rate new listings growth was still lower than the rate of sales ...
VIP Broker Sales Underway at The Plant Condos
March 30, 2017Downtown Toronto Condos New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Listings VIP Broker Events
The Plant Condos is a great new project located in Queen West. Art galleries, restaurants and boutiques make Queen Street West a great Toronto neighbourhood to live and play in. It’s no surprise the Vogue Magazine loved it so much, they named it to its list of “the coolest neighbourhoods in the world”, in 2016. The Plant Condos will consist of only 78 wider units to maximize nurturing light, more spacious layouts with a family in mind, 2 & 3 Storey Towns – some with inventive “pop-up” terraces. Suite details like large eat-in kitchens, options for pantry storage and available custom ...