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Market Watch is a regular feature of my monthly newsletter that can be delivered to your email inbox each month. Just subscribe (always easy to unsubscribe) and I will be sure it gets delivered.
Buyers - keep track of prices by location.
Sellers/Homeowners - see how your neighbourhood house prices are changing.
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Toronto and GTA Real Estate Market Reports
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Special & Exclusive Reports are published within hours of being made public. To Download Reports - Scroll down past the descriptions/highlites or click here ***** Also see Buyer Reports or Seller Reports or Investor Reports ***** See Full Report [in PDF format*] - Below RE/MAX Market Trends Report 2010 Feb 24, 2010 Low inventory levels set stage for heated Spring market in most major Canadian centres, says RE/MAX
Lack of inventory will be the greatest challenge facing housing markets across the country this Spring, according to a report released today by RE/MAX. Sales Start Off Strong in 2010
February 3, 2010 -- Greater Toronto REALTORS® reported 4,986 transactions through the Multiple Listing Service (MLS®) in January 2010. This result represented a large increase over the 2,670 sales in January 2009 when the home sales were in a recessionary trough. Last month’s sales were slightly higher than the January average in the five years preceding 2009.
“The GTA housing market has rebounded well from the lows in sales experienced at the beginning of 2009. Sales climbed back to healthy levels across the GTA because the cost of home ownership remained affordable in the Toronto area,” said TREB President Tom Lebour. “Increasingly confident consumers moved to take advantage of affordable home ownership.”
The average home selling price in January 2010 climbed 19 per cent to $409,058, compared to 343,632 in the same month last year.
“Expect strong annual growth rates for existing home sales and average price through the first quarter as we continue to make comparisons to the weak market conditions at the beginning of 2009,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “The rate of sales and price growth will be lower in the second half of 2010.”
GTA Resale Market Resilient in 2009
January 6, 2010 -- Greater Toronto REALTORS® reported 87,308 MLS® transactions in 2009 – a 17 per cent increase over 2008. This result included 5,541 sales in December. The 2009 result was in line with the healthy levels of sales experienced between 2004 and 2006, but lower than the record of 93,193 set in 2007. GTA Winners and Losers
The Slump and the Rebound: How did your area fare from 2007 to 2009? Toronto Star provides two excellent interactive maps (GTA and Toronto) showing the numbers. Housing Market Outlook 2010 by RE/MAX
Mississauga, ON (December 3, 2009) -- In the midst of one of the most tumultuous economic periods in recent history, residential real estate has proven to be a safe harbour, with sales and average price expected to post gains in most major Canadian cities in 2009, according to a report released today by RE/MAX. The RE/MAX Housing Market Outlook for 2010 examined residential real estate trends in 23 markets. The report found that sales are forecast to recover in almost all major centres. No Sense of Harmony
How the coming HST (Harmonized Sales Tax) will hurt all Ontarians, especially Homeowners. See Full Report [in PDF format*] below |
Online Reports
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Choose your Reports
You may access this valuable information with no obligation or cost or fear of phone calls.
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Cdn House Prices to Grow at 4% Annually over next 25 Years
TD Financial Group Report - sees long range trend as positive for buying into Canadian home ownership. Sept 15, 2006
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RE/MAX Housing Market Outlook - 2009
Mississauga, ON (December 3, 2008) - Threat of global recession hinders home sales in major Canadian housing markets in 2008 and 2009, says RE/MAX. Global economic uncertainty weighed heavily on residential real estate activity in most major Canadian centres during the latter half of 2008. Although the forecast for 2009 promises more of the same, most markets are expected to weather the storm, says RE/MAX.
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CMHC Housing Market Report, Canada - Q4/2009
Sellers’ market conditions are supporting stronger
house prices.
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Pricing Profile - Central Toronto (Mar/09)
March, 2009 (new exclusive report, only available from this website). Where are the expensive and the lowest priced homes to be found in Central Toronto by type: Freehold (Detached, Semi & Town) and Condo (town & apt). Some surprising low prices to be found here. Also compares to March/ 2008 and shpws % change year-to-year. Includes Central Toronto TREB map PDF, 1 pg.
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CREA Report - National Resale Housing Market
OTTAWA – June 15th, 2009 – National resale housing market activity returned to pre-recession levels in May 2009. The rebound in activity is being led by an increase in transactions in some of the most expensive markets in the country, which is skewing the national average price upward.
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No Sense of Harmony
Sept/09 - How the coming HST (Harmonized Sales Tax) will hurt all Ontarians, especially Homeowners.
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Investment in Home Improvement,
(September 17, 2008) Investment in home improvement, key in competitive housing market, says RE/MAX
Mississauga, ON - An increasingly competitive housing environment is prompting a significant number of Ontario homeowners to invest in renovation before listing their homes for sale, according to a recent survey by RE/MAX Ontario-Atlantic Canada.
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Luxury Home Sales Report - 2009 by RE/MAX
Luxury housing sales edge higher as purchasers take advantage of buying opportunities in Ontario-Atlantic Canada, says RE/MAX
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Housing Market Outlook 2010 by RE/MAX
Mississauga, ON (December 3, 2009) -- In the midst of one of the most tumultuous economic periods in recent history, residential real estate has proven to be a safe harbour, with sales and average price expected to post gains in most major Canadian cities in 2009, according to a report released today by RE/MAX.
The RE/MAX Housing Market Outlook for 2010 examined residential real estate trends in 23 markets. The report found that sales are forecast to recover in almost all major centres.
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GTA Winners and Losers
January 1, 2010, Toronto Star - The Slump and the Rebound: See How your area fared from 2007 to 2009. Excellent GTA and City of Toronto interactive maps.
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Market Watch - December, 2009
GTA Resale Market Resilient in 2009
January 6, 2010 -- Greater Toronto REALTORS® reported 87,308 MLS® transactions in 2009 – a 17 per cent increase over 2008. This result included 5,541 sales in December. The 2009 result was in line with the healthy levels of sales experienced between 2004 and 2006, but lower than the record of 93,193 set in 2007. PDF
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Market Watch - January, 2010
February 3, 2010 -- Greater Toronto REALTORS® reported 4,986 transactions through the Multiple Listing Service (MLS®) in January 2010. This result represented a large increase over the 2,670 sales in January 2009 when the home sales were in a recessionary trough. Last month’s sales were slightly higher than the January average in the five years preceding 2009.
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RE/MAX Market Trends Report 2010
Low inventory levels set stage for heated Spring market in most major Canadian centres, says RE/MAX
Lack of inventory will be the greatest challenge facing housing markets across the country this Spring, according to a report released today by RE/MAX.
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