« Real Estate Bubble Forming in Canada | Main | Toronto real estate market overheating »
Toronto Real Estate Board:
GTA Realtors report on the March Resale Home Market.
Greater Toronto Realtors reported 10,430 sales through the Multiple Listing Service® (MLS®) in March, pushing total first quarter 2010 sales to 22,418 – the best result on record under the current Toronto Real Estate Board (TREB) boundaries. The average price for March transactions was $434,696. The average price for the first quarter was $427,948.
"The strong rebound in the existing home market was one of the initial drivers of economic recovery," said TREB President Tom Lebour. "While we don't expect to see the same rates growth moving forward, GTA households will remain confident in ownership housing as a quality long-term investment, especially as economic recovery expands across all industries."
The annual rate of growth for new listings continued to accelerate in March. The number of new listings grew by 42 per cent compared to March of 2008. "The average home price in the GTA will continue to grow this year, but the pace will slow as we move through the spring," said Jason Mercer, TREB's Senior Manager of Market Analysis. "As growth in new listings starts to outstrip growth in sales, buyers will experience more choice, resulting in more sustainable single digit rates of average price growth."
See the Toronto Real Estate Board's Market Watch report »
April 6, 2010 in Toronto Real Estate Market | Permalink
TrackBack
TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c51e453ef0133ec7fdb88970b
Listed below are links to weblogs that reference Toronto Real Estate Board::
Comments
Nice Information! I personally really appreciate your article. This is a great website. I will make sure that I stop back again!.
Posted by: Lots For Sale in Bel Air | Feb 20, 2013 12:21:08 PM
The Post is telling about the toronto real estate baord. Useful information
Posted by: CEA Approved RES Course Provider | Nov 22, 2012 2:53:24 AM
I’m interested in publishing an article on this blog.
There is no contact/person listed on this blog, and I would be interested in submitting an interesting follow on article based on the last posting.
My company Reallistings.ca has just signed a referral agreement with nation wide Brokrages.
And we will be representing traditional agents/brokers and going after the FSBO companies and markets who until now have been unchallenged.
Look forward to hearing from someone, either way.
Cheers,
John
Posted by: John Meharg | Jul 18, 2011 1:13:03 PM
Just as bad here in the States. Has it changed any since you posted this in 2008?
Posted by: Home Inspection | Dec 29, 2010 1:05:00 PM
hiiiiiiiiiiiiiii
That is realy great it is good to see.I hope we will see a lot more.Well done
===================
juliaap01
Home Design
Posted by: juliaap01 | May 5, 2010 7:23:52 AM
The comments to this entry are closed.
