Skip to main content

Posts

Showing posts from November, 2011

TREB MLS * New Listings - October - 2011

TREB MLS * Average Resale Home Price - October 2011

TREB MLS * Sales-To-New-Listings Ratio- October 2011

TREB MLS * SalesOctober 2011

Pace of Home Sales Remains Brisk in October_ Market Watch October 2011

November 3, 2011 -- Greater Toronto REALTORS® reported 7,642 home sales through the TorontoMLS® in October 2011. This represented an increase of 17.5 per cent compared to the 6,504 transactions reported in October 2010.Monthly sales data follow a recurring seasonal trend that should be removed before comparing monthly results within the same year. After adjusting for seasonality, the annualized rate of sales for October was 97,100, which was above the average of 90,700 for the first three quarters of 2011."The pace of October resale home transactions remained brisk in the GTA. This bodes well for a strong finish to 2011," said Toronto Real Estate Board President Richard Silver. "Home buyers who found it difficult to make a deal in the spring and summer due to a shortage of listings have benefitted from increased supply in the fall."The average selling price through the TorontoMLS® in October was $478,137 – up eight per cent compared to October 2010."Sellers