http://torontorealestatebuyer.com Buyer agency representation for Toronto area home buyers Thu, 05 Nov 2009 14:19:58 +0000 http://backend.userland.com/rss092 en October year-over-year MLS transactions up 64%. In October 2009, Greater Toronto Realtors reported 8,476 sales, up 64 per cent from October 2008. The average price for October transactions was $423,559 - up by 20 per cent compared to the same month last year. "Strong sales growth has occurred across many property ... http://torontorealestatebuyer.com/?p=294 Home resales in September clocked the largest monthly increase in 26 years as buyers scrambled to complete their purchases before a tax credit for first-time owners expires. Sales jumped 9.4 per cent to a seasonally adjusted annual rate of 5.57 million last month, from a downwardly revised pace of 5.1 ... http://torontorealestatebuyer.com/?p=291 GTA Realtors report mid-October sales and average price stats In the first two weeks of October, Greater Toronto Realtors reported 3,631 sales – up 34 per cent compared to the first two weeks of October 2008. The average price for these transactions was up 17 per cent year-over-year to $414,479. "While demand ... http://torontorealestatebuyer.com/?p=289 Canadian resale housing activity climbed to the highest level of any third quarter on record. Actual (not seasonally adjusted) home sales via the Multiple Listing Service® (MLS®) Systems of Canadian real estate boards totalled 135,182 units in the third quarter of 2009, according to statistics released by The Canadian Real Estate ... http://torontorealestatebuyer.com/?p=287 Lag in seasonal sales cycle brought on by the recession, coupled with undersupply, creates illusion that market is booming Canada’s housing market is on the road to recovery but is experiencing a pronounced undersupply of homes for sale in southern Ontario and other regions of the country, according to the Royal ... http://torontorealestatebuyer.com/?p=285 GTA Housing Market Rebound Continues in September In September 2009, Greater Toronto Realtors reported 8,196 sales, up 28 per cent from September 2008. The average price for September transactions was $406,877 – up by 10 per cent compared to the same month last year. “We have experienced an increasing rate of existing ... http://torontorealestatebuyer.com/?p=283 With the worst of the recession over, residential real estate markets in major Canadian centres are poised for growth in the final quarter of 2009, according to a report released today by Re/Max. The Re/Max Bricks and Mortar Report found the bounce back that began in early Spring has made this ... http://torontorealestatebuyer.com/?p=281 GTA Realtors Report Sales and Price Growth in September In the first two weeks of September, Greater Toronto Realtors reported 3,361 sales – up 23 per cent compared to the first two weeks of September 2008. The average price for these transactions was up eight per cent year-over-year to $393,818. "An increasing ... http://torontorealestatebuyer.com/?p=276 Low interest rates continue to attract home buyers to the housing market. Home resales held steady on a monthly basis in August, but increased by 18.5 per cent compared to the same time last year, the Canadian Real Estate Association said today. A total of 42,483 homes traded hands across the ... http://torontorealestatebuyer.com/?p=274 RBC Survey say homes in Toronto are now more affordable. Affordability rates remain worse than average in Toronto, where a two-storey home declined 0.7 percentage points to 55.7 per cent of income. That means it takes more than half of pre-tax household income to carry a mortgage, property taxes and utilities. ... http://torontorealestatebuyer.com/?p=272