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Greater Toronto REALTORS® take in Conference and Tradeshow to benefit their clients

TORONTO, May 9, 2008 -- To enhance the professional knowledge and skills they provide to the Greater Toronto Area’s home buying, selling and commercial buying and leasing public, more than 7,000 REALTORS® will come together May 12th and 13th at the Toronto Real Estate Board’s 4th annual REALTOR® Quest conference, which offers the latest information on tools and trends in the business. See details.


GTA resale housing market moderate in April, but prices up

TORONTO, May 5, 2008 -- With 8,762 houses sold in the Greater Toronto Area, April’s resale housing activity was down seven per cent from the record 9,452 transactions from the same timeframe a year ago, Toronto Real Estate Board President Maureen O’Neill announced today. See details.


GTA resale housing market down but still healthy

TORONTO, April 17, 2008 -- The Greater Toronto Area resale housing market saw 3,955 homes change hands in the first half of April, down five per cent from the same time period last year, Toronto Real Estate Board President Maureen O’Neill announced today. See details.


GTA Resale Housing Sales Ease in March

TORONTO, April 3, 2008 -- Low inventory levels kept the Greater Toronto Area resale housing market brisk but well off record levels last month, Toronto Real Estate Board President Maureen O’Neill announced today. See details.


Roll-Back Land Transfer Tax Immediately, REALTORS® Tell Councillors

TORONTO, March 25, 2008 -- With the City's Executive Committee reviewing the proposed 2008 Operating Budget today, the Toronto Real Estate Board (TREB) is calling for City Councillors to immediately begin to fulfill their commitment to roll-back the Toronto Land Transfer Tax, while still keeping property tax increases in check. REALTORS'® input was presented in a detailed written submission to the Executive Committee. See details.


Toronto Real Estate Board says GTA resale housing market still down

TORONTO, March 19, 2008 -- Resale home transactions in the Greater Toronto Area continued at a moderate pace during the first half of March, Toronto Real Estate Board President Maureen O’Neill announced today. See details.


GTA Resale Housing Down but Healthy

TORONTO, March 5, 2008 -- President Maureen O'Neill announced today, Toronto Real Estate Board Members recorded 6,015 resale home transactions last month, down 11 per cent in the Greater Toronto Area overall , 14 per cent in the City of Toronto and 9 per cent in the 905 suburbs compared to February 2007. See details.


Toronto Real Estate Board REALTORS® Offer Scholarships

TORONTO, February 28, 2008 -- As graduating high school students throughout the Greater Toronto Area plan the next step in their educational careers this spring, Toronto Real Estate Board REALTORS® will help set two promising young people along their chosen paths. See details.


Toronto Real Estate Board reports sales near 3,000 at mid-month

TORONTO, February 20, 2008 -- Resale home transactions in the Greater Toronto Area declined in the first two weeks of February, Toronto Real Estate Board President Maureen O’Neill announced today. See details.


GTA Resale Housing Market Solid in January

TORONTO, February 5, 2008 -- January's Greater Toronto Area resale housing market came within two per cent of a record performance for the month, Toronto Real Estate Board President Maureen O’Neill announced today. See details.


As Toronto Land Transfer Tax Takes Effect, REALTORS¨ Call On City to Give Homebuyers a Break

TORONTO, February 4, 2008 -- With the City of Toronto's new land transfer tax coming into effect last week, even as City Council considers a property tax increase, Toronto's REALTORS¨ are calling for City Council to give homebuyers a break. See details.


City Budget Can Send Important Message to Homebuyers: Toronto REALTORS¨

TORONTO, January 28, 2008 -- In light of the upcoming implementation of the City of Toronto Land Transfer Tax, Toronto's REALTORS¨ believe that City Council can send an important message to homebuyers by keeping property taxes down in the City's 2008 Operating Budget. See details.


Bright Start to the New Year

TORONTO, January 17, 2008
--The first half of January saw 1,776 resale homes in the Greater Toronto Area change hands, an 11 per cent increase over the same timeframe a year ago Toronto Real Estate Board President Maureen O’Neill announced today. See details.


Condo sales bring 2007 to a strong finish!

TORONTO, January 7, 2008 -- Brisk condo sales in December brought the 2007 Greater Toronto Area resale housing market to a strong finish, Toronto Real Estate Board President Maureen O'Neill announced today. See details.


Two New Records Set In First Two Weeks of December!

TORONTO, December 19, 2007
-- The Greater Toronto resale home market reached two new heights during the first half of this month Toronto Real Estate Board President Maureen O’Neill announced today. See details.


Toronto Real Estate Board on Track for a Record-Breaking Year!

TORONTO, December 5, 2007 -- Last month became the best November on record with 7,313 resale home transactions in the Greater Toronto Area, Toronto Real Estate Board President Maureen O’Neill announced today. See details.


Best October ever pushes 2007 toward a strong finish

TORONTO, November 5, 2007 --Greater Toronto Area resale housing activity set a new
record for the month of October TREB President Maureen O’Neill reported today. With 7,915 transactions, activity was up 10 per cent over the previous best for the month, set in 2003. Sales were also up 15 per cent over last October. See details.


REALTORS® Disappointed that Public Opinion on Land Transfer Tax Ignored

TORONTO, October 24, 2007 -- Toronto's REALTORS® are concerned about the potential impact of the City of Toronto's recently approved second land transfer tax and disappointed that the public’s opinion of this tax was ignored. See details.


Toronto’s REALTORS® Rally to Deliver Land Transfer Tax Message: No Compromise

TORONTO,October 18,2007 -- Joined by various Toronto City Councillors, hundreds of REALTORS® rallied together today to signal their strong opposition to a second land transfer tax in any shape or form. The event, part of the Toronto Real Estate Board’s Annual General Meeting, featured a keynote address by Councillor Denzil Minnan-Wong, followed by a panel of City Councillors who have fought against the proposed land transfer tax, including Councillor Minnan-Wong, Councillor Mike Feldman, Councillor Case Ootes, Councillor Mike Del Grande and Councillor Mike Thompson. See details.


October housing activity confirms consumer confidence in real estate market

TORONTO,October 18, 2007 -- Resale housing activity substantially outpaced mid-October results from a year ago, Toronto Real Estate Board President Maureen O’Neill announced today. See details.


Torontonians Opposed to Land Transfer Tax Despite “Fair Taxes” Campaign: Public Opinion Poll

TORONTO, October 15, 2007 -- Even after months of the “Fair Taxes” campaign by Mayor David Miller and City Councillors supporting new taxes, a solid majority of Torontonians, 62 per cent, believe that a Toronto land transfer tax is not a fair solution to the City’s financial difficulties. This was among the key findings of a public opinion poll released today. See details.


Toronto Land Transfer Tax is New Provincial Government ’s First Test on Municipal Finances: Toronto REALTORS®

TORONTO,October 11, 2007 -- With yesterday ’s election of a new provincial government,Toronto ’s REALTORS® are echoing the public ’s expectations for immediate and adequate provincial commitments to address City of Toronto finance issues. See details.


September Resale Market Shows Strength

TORONTO, October 3, 2007 -- The Greater Toronto Area resale housing market continued its strong, stable pace in September with 6,866 transactions taking place, Toronto Real Estate Board President Maureen O’Neill announced today. See details.


Autumn Market Going Strong

TORONTO, September 19, 2007 -- With 3,236 sales so far this month, re-sale housing activity has increased 11 per cent as compared to the first half of September 2006, Toronto Real Estate Board President Maureen O’Neill announced today. See details.


Fellow Torontonians Support REALTOR® Efforts Against Land Transfer Tax

TORONTO, September 19, 2007 -- With both the City’s Budget Committee meeting and the provincial party leaders’ first debate being held tomorrow, REALTORS®, who are also proud Torontonians, are encouraged that a strong majority of their fellow Torontonians are opposed to a second land transfer tax and are calling for fair options to deal with the City’s financial situation. See details.


August sets the stage for a strong autumn market

TORONTO, September 6, 2007 – More people in the Greater Toronto Area bought resale homes last month than in any August before, Toronto Real Estate Board President Donald Bentley announced today. See details.


Torontonians deserve thoughtful and fair approach to City’s financial challenges: Toronto REALTORS®

TORONTO, August 29, 2007 -- In response to recent City of Toronto announcements regarding the City’s fiscal situation, Toronto’s REALTORS® are calling on Mayor Miller, City Councillors and provincial politicians to consider thoughtful and fair options preferred by Torontonians, instead of just new taxation or cuts to core services. See details.


August Prepares to Roar into Fall Market

TORONTO, August 17, 2007 -- Resale home transactions reached unprecedented heights in the first half of August, up 17 per cent from the same period in 2006, Toronto Real Estate Board President Donald Bentley announced today. See details.


Resale market shows strongest summer performance !

TORONTO, August 3, 2007 -- Last month, the local resale market was 26 per cent more active than during the same time in 2006, recording a July record 8,912 sales, TREB President Donald Bentley announced today. See details.


One Hot Summer!

TORONTO, July 18, 2007 -- July has started swiftly, with 3,947 sales to date, TREB President Donald Bentley announced today. This mid-month total is up 21 per cent over last July's 3,251 sales. "While it is too early to speak of a July record (currently the record is 8,084 sales recorded in 2003), this month should certainly end as one of our best summer performances," said Mr. Bentley. See details.


Deferral of Land Transfer Tax Decision is Opportunity for Sober Second Thought: Toronto REALTORS®

TORONTO, July 17, 2007 -- Toronto’s REALTORS® are encouraged that City Council has decided not to rush into a decision to double land transfer taxes, but are continuing to tell the Mayor and City Councillors that it is a bad idea that should stop now. See details.


TREB public poll – Torontonians say new taxes should wait for next election

TORONTO, July 12, 2007 -- TREB and some of its coalition partners released this public opinion poll on new city taxes today to keep the pressure on. Our www.NoHomeBuyingTax.com has been extremely active and emails from you, your clients and the public to the mayor and councillors are in the thousands and counting. Keep it up! See details.


REALTORS® launch WWW.NOHOMEBUYINGTAX.COM so public can calculate Toronto home buying tax

TORONTO, July 5, 2007 -- Toronto’s REALTORS® have launched a web site (www.nohomebuyingtax.com) to help the public calculate what the proposed Toronto land transfer tax will cost them and to easily allow the public to let Mayor Miller and City councillors know what they think.

“As REALTORS®, it’s our job to give information to the public. As soon as we tell them about the City’s proposal to charge a second and transfer tax they ask us what it will cost them and what they can do to stop this bad idea. Our new web site shows them the exact cost of the tax and allows them to easily email the Mayor and City Councillors,” said Donald Bentley, President of the Toronto Real Estate Board (TREB). See details.


 

 

 

 

Sales moderate in April but prices up

TORONTO - Monday, May 5, 2008 -- April statistics show that 8,762 houses sold in the Greater Toronto Area. “The market continues to experience a supply and demand situation and to-date it remains a sellers market," said TREB President Maureen O’Neill. See details.

 

MLS Rental Market Report
[ PDF format ]

. December 2007
. August 2007
. May 2007
. January 2007
. September 2006
. February 2006
. May 2005

. March 2004
. October 2003

 

 

 
 
     

 

 

Sales moderate in April but prices up

TORONTO - Monday, May 5, 2008 -- April statistics show that 8,762 houses sold in the Greater Toronto Area. “The market continues to experience a supply and demand situation and to-date it remains a sellers market," said TREB President Maureen O’Neill.

The GTA market was down 7 per cent from last April’s record 9,452 transactions. However, it is showing signs for a healthy 2008 compared to the diminished activity during the first quarter of 2008.

The sales pace however, did not take place evenly throughout the GTA. With 3,467 transactions in the City of Toronto, sales were down 10 per cent from a year ago. The 905 region was down five per cent from April 2007 sales, with 5,295 homes changing hands.

Prices continued to appreciate last month, to a GTA average of $398,687, up five per cent from last April's $379,025. The average price in the City of Toronto was $446,781, up six per cent from April 2007. The 905 regionŐs average price of $367,196 increased five per cent from a year ago.

“For more than a decade, real estate has served as the economy’s engine,” said Ms. O’Neill. “It’s encouraging to see that consumers are continuing to put their faith in real estate as an excellent long-term investment.”

Breaking down the total, 3,398 sales were reported in TREB’s 28 West districts and averaged $372,575; 1,531 sales were reported in the 14 Central districts and averaged $539,133; 1,768 sales were reported in the 23 North districts and averaged $429,262; and 2,065 sales were reported in TREB’s 21 East districts and averaged $311,350.

Neighbourhood Corner

Markham

There have been 1,172 sales in Markham (N01, N10, N11) during the first four months of 2008, with an average price of $453,630. The price is up eight per cent from the $417,818 recorded during the same period in 2007

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