Posted by Amit Bhandari in Market Watch
TORONTO, JUNE 16, 2010 ‐ Greater Toronto REALTORS® reported 4,139 sales through the Multiple Listing Service® (MLS®) during the first two weeks of June 2010. This represented a 20 per cent decrease compared to the 5,185 sales recorded during the same period in 2009. New listings increased by 21 per cent annually to 7,985.
Continue ReadingPosted by Roy Bhandari in Buying, Market Watch, Selling
If you ever needed an indication of just how much the housing market has changed in one year, then look no further than the February numbers posted by the Toronto Real Estate Board. Sales in February 2010 were recorded at 7,291, up 77% from this time last year (2009 recorded
Continue ReadingPosted by Roy Bhandari in Buying, Market Watch, Selling
Toronto Real Estate Board reported 4,986 transactions in January 2010, an 87% increase from the previous year. The number of listings continue to be a major concern, as we saw 41% less inventory from this time last year – just 12,052 homes available for sale. This is the lowest number
Continue ReadingPosted by Roy Bhandari in Buying, Market Watch, Selling
2009 has come and gone and will be remembered for the economic slowdown that led many to start ushering the dreaded “R” word. The Toronto housing market gave us a rollercoaster ride, starting with a strong buyers market in the first few months of the year and ending in one
Continue ReadingPosted by Roy Bhandari in Buying, Market Watch, Selling
You may have heard people in the Real Estate world talk about a shortage of inventory, however, just to paint a picture – October 2009 had the lowest number of homes for sale since January 2003 (note, this does exclude a couple of Decembers where inventory is typically low because
Continue ReadingPosted by Roy Bhandari in Buying, Market Watch, Selling
The Toronto Real Estate Board reported 8,196 sales in the month of September 2009, up from 6,424 from September 2008 (up 10%). As we have said in the last few months, the story continues to revolve around the shortage of homes available for sale combined with the increase of buyers
Continue ReadingPosted by Roy Bhandari in Buying, Market Watch, Selling
The Toronto Real Estate Board reported 8,035 sales in the month of August, up 27% from the previous year. The story continues to revolve around the strong Real Estate market, with an increase in demand and a shortage of supply leading to an increase in price. The Graph below illustrates
Continue ReadingPosted by Roy Bhandari in Buying, Market Watch, Selling
The Toronto Real Estate Board has just issued a press release regarding sales in the first two weeks of August 2009. The big news for me, is that despite the horrendous start to the year, and in fact entering into a Buyers Market for a few months for the first
Continue ReadingPosted by Roy Bhandari in Buying, Market Watch, Selling
The Toronto Real Estate Board reported a record 9,967 Sales in the month of July 2009, up 28% from July 2008. At the same time, active listings fell an incredible 36% to 16,915 (from 26,543 the previous year). This has resulted in a 6% increase in prices from July 2008.
Continue ReadingPosted by Roy Bhandari in Buying, Market Watch, Selling
A couple of weeks ago, I wrote that the Toronto Real Estate Board reported the BEST JUNE ON RECORD in terms of sales. The Toronto Real Estate Board has just released a Press Release with the numbers for the first 2 weeks of July – and we GTA REALTORS(R) are
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