In: Real Estate News12 Aug 2011
The Toronto Real Estate Board released their real estate statistics for July 2011. There were 7,922 homes sold in July. This was 23% more than July 2010. This shows that the real estate market in Toronto is continuing to be very healthy. Although, despite the large increase in July, since the beginning of 2011, total [...]
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 recently released their real estate statistics for the first 2 weeks of April. Listen to this! The average price in Toronto was $483,165. A 12% increase over the first two weeks on 2010. “12%”!!! This is an astounding number. This is more than $50,000 over the average selling price of [...]
There are certainly some advantages and disadvantages to becoming a real estate agent. Being a real estate agent generally means that you are working for yourself (although you must belong to a brokerage), which means that you don’t really have a boss or set hours. However, the majority of real estate agents in Ontario work [...]
The Toronto Real Estate board released their mid-month real estate statistics for October, 2010. Home sales decreased by 17% compared to 2009, but home prices increased by 7% compared to the same period in 2010. Last year was a very strong real estate market, so it’s understandable that the sales numbers decreased (as they have [...]
The Toronto Real Estate Board reported that MLS® sales decrease by 22% in September. The report indicates that homes sold by real estate agents dropped to 6,310 in September 2010, compared to 8,196 in September 2009. This is the 4th month in a row where real estate agent sales declined compared to 2009 in the [...]
Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.