Mortgage News

Toronto home sales up 18.9 per cent in May from last year, TREB says

In November 2016, Greater toronto area realtors reported 8,547 home sales through the toronto real estate board (TREB)’s MLS System, which is a 16.5 per cent increase compared to November 2015. In the GTA, sales were up on a year-over-year basis across all major home types.

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New construction home sales – houses and condos – declined by 48 per cent in January in the Toronto region, compared to the frenzied real estate market in the same month last year. It’s a 31 per cent drop from the 10-year average and reflects a supply shortage that has also helped push up prices in the same period, says Toronto’s building.

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The Toronto Real Estate Board says home sales in the Greater Toronto Area fell 18.3 per cent last year compared with a record pace set in 2016.. Toronto home sales for 2017 down 18.3 per cent.

The Toronto Real estate board (treb) recorded 11,303 sales for existing homes in the GTA for April, a record high for the month. The tally was also a 17 per cent increase over sales from same time in 2014. Meanwhile, new listings were up by 5 per cent in April.

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Photos. There is speculation that a cooling Toronto market may heat things up in Montreal. There, home sales were up 10 per cent in June, driven by a hot condo market. It was the 25th increase in sales in the last 26 months, according to the Greater Montreal Real Estate Board. The median price of single-family homes reached $328,000 in June,

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Sales of homes in the Greater Toronto Area increased by 8.2 per cent in January compared to a year earlier. The Toronto Real Estate Board reports that there were 4,672 sales through its MLS in the month while the benchmark price was up 11.2 per cent and the average selling price increased by 14.1 per cent.

TORONTO — Home sales in the Greater Toronto Area rose 2.4 per cent in June compared to the same month a year ago, and were 17.6 per cent higher compared to May. up from last year’s lows. Jason.

Similarly, over the same period, the average selling price was up by 22.3 per cent to $770,745, with double-digit gains in the average prices for all major home types. TREB said rates of sales growth were for higher condominium apartments than for low-rise home types.