Category Archives: Market News

TorontoMLS Home Sales Up Annually in October

Greater Toronto Area REALTORS® reported 8,000 home sales through the TorontoMLS system in October 2013 – up from 6,713 transactions reported in October 2012. Over the same period, new listings on the TorontoMLS system were down. “The GTA home ownership market has been broadly characterized by a rebound in sales since the summer. Market conditions […]

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Toronto home sales soar, prices continue climb

                                Existing homes sales in the Greater Toronto Area rose 30% in September from a year ago and a strong third quarter has the market about even with 2012 now. The average sale price last month also climbed 6.5% from […]

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August 2013 Sales and Average Price Up Over 2012

Greater Toronto Area REALTORS® reported 7,569 residential transactions through the TorontoMLS system in August 2013. This represented a 21 per cent increase compared to 6,249 sales in August 2012. “Sales were up strongly this past August for all major home types compared to last year. Many households have accounted for the added costs brought on […]

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NO BOOM, NO BUST AS CONDO MARKET REMAINS STABLE ACROSS THE COUNTRY

Record growth is not in the foreseeable future of the condo market, but it is also likely the sector will be able to avoid a major downturn, according to the latest Conference Board of Canada condo report released by Genworth Canada.  While markets in major centres such as Vancouver, Montreal and Toronto have been of particular concern, The Summer 2013 Metropolitan Condo […]

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