« Toronto sales up, listings down | Main | Properties Sold on Toronto MLS® »

Toronto Listings in short supply

Greater Toronto Realtors report on June mid-month market.

The number of sales and the average selling price reported by Greater Toronto Realtors were both up during the first 14 days of June 2011. Sales through the first two weeks of June amounted to 4,787 – up 16 per cent over the same period in 2010. The average selling price for these transactions, at $477,853, was up nine per cent.

“The spring has always been the busiest time in the resale market, but the results for May and the first two weeks of June represented a marked improvement over last year. Low mortgage rates have kept affordability in check and buyers have felt confident in paying for a home over the long term,” said Toronto Real Estate Board (TREB) President Bill Johnston.

The number of new listings on the Toronto ®MLS between June 1st and June 14th was down by eight per cent compared to 2010.

“Listings have been in short supply this year, while a lot of people have been looking to buy. The result has been enhanced competition between buyers and more upward pressure on price,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “Strong price growth will prompt more home owners to list as we move toward 2012.”

See the Toronto Real Estate Board report »

June 16, 2011 in Buying Toronto Real Estate, Toronto Real Estate Board | Permalink

TrackBack

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c51e453ef0154330ffbc3970c

Listed below are links to weblogs that reference Toronto Listings in short supply :

Comments

Toronto SEO Company emphasis delivery of high quality video search optimization,cost effective pay-per-click solutions, reliable result-oriented web and e-commerce solutions which translates to profit for our global clientele. Our expertise is search: web, mobile & video (VSEO).

Posted by: SEO Toronto | Dec 9, 2012 8:56:36 AM

Thanks for giving such kind of great information.

Posted by: seo services karachi pakistan | Aug 29, 2012 8:30:31 AM

nice amazing websites, I came here for some inspiration, look so much better than my site!
Behaviour Management Oakville

Posted by: Behaviour Management Oakville | Aug 29, 2012 8:26:30 AM

SEO company Toronto,
SEO Toronto,
Toronto SEO Company,
+1-855-736-4849 Triumphant, 100% Organic, Discovered: Top Ranking Solutions~ Video Search Engine Optimizing, Video SEO, VSEO Services, SEO Companies: Toronto, Mississauga, Brampton, Vaughan, Woodbridge, Ancaster, Milton, Oakville, Stoney Creek, Grimbsy, Winona, Hamilton, Burlington, Etobicoke. Unearthing Innate Search Engine Optimization, Internet Marketing Services and Methodologies Via Web Analysis, E-Commerce Management, PPC Management.

Posted by: SEO.Vaughan | Aug 7, 2012 6:33:18 PM

+1-855-736-4849 Triumphant, 100% Organic, Discovered: Top Ranking Solutions~ Video Search Engine Optimizing, Video SEO, VSEO Services, SEO Companies: Toronto, Mississauga,SEO companies Toronto, Brampton,vaughan seo companies, Woodbridge, Ancaster, Milton, Oakville, Stoney Creek, Grimbsy, Winona, Hamilton, Burlington,SEO companies Mississauga, Etobicoke. Unearthing Innate Search Engine Optimization, Internet Marketing ServicesToronto video SEO,Video SEO Toronto, and Methodologies Via Web Analysis, E-Commerce Management, PPC Management.

Posted by: SEO.Vaughan | Jul 31, 2012 5:50:43 PM

The comments to this entry are closed.

 

Thank you for visiting!