In: Real Estate News18 May 2011
Some people love their condo. Some people only want a detached home. Some people want a semi-detached or link home. Lets look at some of the different types of homes available for sale in Canada. Here are some stats from the Toronto Real Estate Board and the approximate % of homes sold: Detached – 48% [...]
Every year for the past 16 years, the average price for a home for sale in Toronto has increased. According to the Toronto Real Estate Board’s month report, the real estate market in Toronto has gone from an average price os $198,150 in 1996 to an average price of $431,463 in 2010, and an average [...]
The Toronto Real Estate Board released their statistics for November 2010. Sales were down by 13% (6,510 sales compared to 7,446 in 2009) and the average price was up 5% to $438,030 compared to 2009. New listings also decreased by 13% which means that it is a very balanced market. These numbers indicate that the [...]
The Canadian Real Estate Association recently announced that they lowered their home sales forecast for Canada for the remainder of 2010 and for the full year 2011. CREA is forecasting that home sales will decline by more than 4% in 2010 and by 9% in 2011. The press release can be read here: http://creanews.ca/2010/11/05/crea-revises-annual-resale-housing-forecast/ We [...]
The Toronto Real Estate Board released their October 2010 real estate statistics. Sales decreased 21% compared to October 2009. The average price for a home in Toronto in October 2010 was $443,729. The average price in Toronto increased by 5% compared to $423,559 in 2009. It looks like the real estate market is very hot [...]
The Canadian Real Estate Association released the September Canadian Home Sale Statistics. MLS home sales decreased by 20% compared to September 2009, however, September 2010′s home sales was similar to 2008, 2007, and 2006 levels. The average price for a home in Canada reached $331,098, which is about the same as it was in September [...]
Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.