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Showing posts from January, 2016

Toronto MLS Average Resale Home Price December 2015

Toronto MLS Sales-To-New Listings Ratio December 2015

Toronto MLS New Listings December 2015

Toronto MLS Sales December 2015

MARKET WATCH - DECEMBER 2015 Record TREB MLS® Home Sales in 2015

January 6, 2016 -- The second best sales result on record for December capped off a record year for TREB MLS® home sales in the GTA. Toronto Real Estate Board President Mark McLean announced that there were 4,945 sales reported in December bringing the 2015 calendar year total to 101,299 – a substantial 9.2 per cent increase compared to 2014 as a whole. Strong annual sales increases were experienced for all major home types last year. "Home ownership is a quality long-term investment that families can live in while the value increases over time. A relatively strong regional economy in the GTA coupled with low borrowing costs kept a record number of households – first-time buyers and existing homeowners alike – confident in their ability to purchase and pay for a home over the long term," said Mr. McLean. "If the market had benefitted from more listings, the 2015 sales total would have been greater. As it stands, we begin 2016 with a substantial amount of pent-up de