Royal LePage forecasts steady price gains for the full year, inventory shortages in large cities continue TORONTO, July 9, 2014 – With the harsh winter now a fading memory, the average price of a home in Canada increased between 3.9 and 5.2 per cent in the second quarter of 2014. Prices are expected to increase […]
Category Archives: Market NewsStepping into his role as President of the Toronto Real Estate Board, Paul Etherington announced a strong increase in residential sales reported through the TorontoMLS system in June. Sales were up by 15.4 per cent year-over-year to 10,180 transactions. New listings were also up compared to the same period in 2013, but by a lesser […] Toronto Real Estate Board President Dianne Usher announced that both the number of home sales through the TorontoMLS system and the average selling price were up strongly in May compared to a year ago. Total TorontoMLS sales for May 2014 amounted to 11,079 – a new high for the month of May. This result was […] Toronto Real Estate Board President Dianne Usher announced that during April – the first full month of spring – Greater Toronto REALTORS® reported a 1.8 per cent year-over-year increase in sales through the TorontoMLS system. Total April 2014 sales amounted to 9,706, compared to 9,535 transactions in April 2013. “April marked the beginning of the […] An influx of housing inventory and pent-up demand fuel a strong start to the spring market TORONTO, April 8, 2014 – Real estate brokers across the country saw inventory increase noticeably in the final month of the first quarter of 2014, following a remarkably drab winter for residential real estate activity. The spring market, which […] |
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