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2011 Second-Best on Record for Sales in the Toronto Real Estate Board Boundaries

January 9, 2012 by Tim Hewetson Leave a Comment
MP900387798

“Months of inventory remained below the pre-recession norm in 2011. Very tight market conditions meant substantial competition between Buyers and strong upward pressure on selling prices,”

Filed Under: Uncategorized

17.5 % increase in home sales through Toronto MLS over October 2010

November 10, 2011 by Tim Hewetson Leave a Comment
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Source: Toronto Real Estate Board 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 [...]

Filed Under: Market Stats

Strong condominium sales growth in Q3 2011

November 9, 2011 by Tim Hewetson Leave a Comment
Exterior DNA

Source: Toronto Real Estate Board October 24, 2011 — Greater Toronto REALTORS® reported 5,770 condominium apartment transactions through the TorontoMLS® system in the third quarter of 2011, representing a 24 per cent increase over the same period in 2010. The average selling price increased by almost nine per cent to $333,352. “Condominium apartments have accounted [...]

Filed Under: Condos

SOLD. 80 Thirty Sixth Street.

October 8, 2011 by Tim Hewetson Leave a Comment
IMG_House_2

Beautiful family home located in desirable Long Branch neighbourhood is just steps to the lake. Click photo for more details and photos.

Filed Under: Properties

What Kind of Homeowner Are You?

October 5, 2011 by Tim Hewetson Leave a Comment
What kind of homeowner?

Quiz: What Kind of Homeowner Are You? If you had to put your home on the market tomorrow, how ready would it be for showing? According to Atlas Van Lines, Canadians move every 7 years on average, so whether you’re preparing to sell or happily staying put, it’s important to keep in mind what you’ll [...]

Filed Under: Buying and Selling

Tips for Renovating Your Basement

October 5, 2011 by Tim Hewetson Leave a Comment
Tips for renovating your basement

Want to add more space to your home without building up or out? Look no further than your basement. According to the Appraisal Institute of Canada, renovating a basement can give you a 50-75% return on your investment when it comes to selling your home. Here’s how to get it done right:

Filed Under: Home Maintenance, Lead Story

Luxury for Less

October 5, 2011 by Tim Hewetson Leave a Comment
KnickKnacks

Just because you are on a budget, doesn’t mean you have to compromise on style in your home. If it’s time to refresh your décor but you don’t think you have the necessary funds, think again. Here are a few ways you can add a touch of luxury to any room of your home without breaking the bank:

Filed Under: Decor Ideas, Uncategorized

Annual growth in sales (+25 per cent) outstripping annual growth in new listings (+15 per cent) in September

October 5, 2011 by Tim Hewetson Leave a Comment
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Greater Toronto REALTORS® reported 7,658 transactions through the TorontoMLS® system in September – a 25 per cent increase over September 2010. Sales during the first three quarters of 2011 amounted to 70,588, representing a 2.6 per cent increase compared to the first nine months of 2010.

Filed Under: Uncategorized

July 2011 home sales through the TorontoMLS® system, representing a 23 per cent increase over July 2010

August 6, 2011 by Tim Hewetson Leave a Comment
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“Strong home sales continued in July, with a substantial rebound over last summer’s slow-down brought about by higher mortgage rates, new lending guidelines and misconceptions about the HST. The greatest rebound was seen in the condominium apartment segment in the City of Toronto,” said Toronto Real Estate Board President Richard Silver. “If the current pace of sales holds up, we could see the second best year on record under the current TREB market area.”

Filed Under: Market Stats

June 2011 home sales through the TorontoMLS® system – up 21 per cent compared to June 2010

July 10, 2011 by Tim Hewetson Leave a Comment
j0399139

Toronto, July 6, 2011 – Greater Toronto REALTORS® reported 10,230 home sales through the TorontoMLS® system in June 2011 – up 21 per cent compared to June 2010. This number represented the third best June result on record behind 2007 and 2009. The number of transactions during the first six months of 2011 amounted to 48,189 – down by 4.5 per cent compared to the first half of 2010.

“The strong June result capped off an interesting first half of 2011,” said Toronto Real Estate Board President Richard Silver. “The pace of sales was a bit sluggish at the beginning of the year, but rebounded in May and June. Because of the positive affordability picture, home buyers remained confident in their ability to purchase and pay for a home over the long term.” Click picture for full story

Filed Under: Market Stats
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