Sales increased 20 per cent between August 2006 and August 2007.
In the City of Toronto, there were 2,437 sales in August, a 25 per cent decline from the 3,243 transactions recorded a year ago.Ĭompared to the 2,706 sales recorded in August 2006 though, this represents a 10 per cent decline. Volumes were off just nine per cent however, from the 6,976 sales recorded in August 2006. With 6,318 transactions recorded last month, sales in the GTA declined 22 per cent compared to the record August 2007 figure of 8,059. “These healthy figures substantiate that when undertaken as a long term investment, buying a home is one of the smartest financial moves you can make,” said Ms. Compared to the August 2006 figure of $334,245 the average price in the 905 Region has increased seven per cent. In the 905 Region the average price increased two per cent to $356,657 from last August’s $348,563. Compared to the August 2006 figure of $344,419 however, the average price in the City of Toronto has increased 10 per cent. In the City of Toronto the average price declined one per cent to $377,990 from last August’s $381,681. Compared to the $338,192 figure recorded two years ago though, the average GTA has increased eight per cent.
The Greater Toronto Area (GTA) average price increased one per cent, to $364,886 when compared to last August’s figure of $361,890.
TREBS REAL ESTATE FULL
Septem- The Greater Toronto resale housing market closed out the last full month of summer at a steady pace, Toronto Real Estate Board President Maureen O’Neill reported today. GTA Resale Housing Remains Steady Throughout Summer Months They were also up seven per cent from the $334,245 seen in August 2006.īreaking down the total, 2,494 sales were reported in TREB’s 28 West districts and averaged $346,285 1,091 sales were reported in the 14 Central districts and averaged $436,120 1,246 sales were reported in the 23 North districts and averaged $419,694 and 1,487 sales were reported in TREB’s 21 East districts and averaged $297,896. Outside of the City, on the other hand, prices rose two per cent to $356,657 from the $348,563 seen in August 2007. Within Toronto proper, the average actually fell one per cent to $377,990 from last August’s $381,681, although it was up 10 per cent from the $344,419 recorded during the same month in 2006. Once again, however, price movements varied depending on area. Prices increased marginally in August, with the overall average moving up one per cent to $364,886 from the $361,890 seen last August, and up eight per cent from the $338,192 recorded in August of 2006. Meanwhile sales within the 905 suburbs came in at 3,881, down 19 per cent from 2007 (4,816 sales), and down 9 per cent from August of 2006, when 4,270 sales were recorded. Units transacted within the City of Toronto, at 2,437, were down 25 per cent from the 3,243 recorded in August of 2007, while down only 10 per cent from the 2,706 figure in the same month of 2006. This sales decline did not occur uniformly across the GTA. Sales were down 22 per cent from the record-breaking August 2007 of 8,059 single family dwellings, but were only off nine per cent from the more typical figure of 6,976 sales recorded in August 2006. “The 2008 Toronto summer market is ending on a solid pace,” noted the President. Septem- TREB Members reported 6,318 in sales in August, President Maureen O’Neill announced today. September Report - Over 6,000 Sales In August She is committed to providing the highest services to her customers and clients.TREB (Toronto Real Estate Board) Average Single Family Historical Home Prices and trends for Toronto and Mississauga Miss Apasri has many years as a Marketing Sales Executive. She is well versed in the valuation process and analysis of property and land. Miss Apasri is a member of the ASEAN Real Estate Network Alliance (ARENA), the Thai Real Estate Business School (TREBS) and The National Association of REALTORS ®. Apasri Phongchaiyong is a Real Estate Agent with Winner Estate in Bangkok Thailand.
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