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Showing posts from August, 2015

Toronto MLS Average Resale Home Price July 2015

Toronto MLS Sales-To-New Listings Ratio July 2015

Toronto MLS New Listings July 2015

Toronto MLS Sales July 2015

Market Watch July 2015

August 6, 2015  -- Toronto Real Estate Board President Mark McLean announced record home sales for the month of July. Greater Toronto Area REALTORS® reported 9,880 sales through TREB's MLS® System, representing an eight per cent increase compared to July 2014. The number of transactions were up for all major home types, including a doubledigit year-over-year increase in condominium apartment sales. "As we move towards a new record for home sales this year, it is important to point out that home ownership demand has been driven not only by low borrowing costs, but also by the fact that the GTA economy has been performing quite well, with the unemployment rate lower compared to last year. Home buyers remain confident in the long-term benefits of owning a home," said Mr. McLean. The MLS® Home Price Index (HPI) Composite Benchmark, which accounts for benchmark home prices in communities throughout the TREB market area, was up by 9.4 per cent yearover- year in July 20