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"With 581 sales reported on April 30, the highest single day total ever documented, April's transactions reached an astounding 9,452, the best single-month total ever recorded, TREB President Dorothy Mason announced today."
"Average prices climbed three per cent in April, to $379,025 from last April's
$366,683. "Despite the torrid sales pace," Ms. Mason said. "Overall price increases are holding at marginally above the inflation rate, which means that potential first-time buyers are not being pushed out of the market."
Click to view the full April Report 373kb
"Prices increased moderately in March, with the average up three per cent over 2006 to $365,285. "Prices are rising above the rate of inflation (currently about two per cent), but not so rapidly that first-time buyers will be pushed out of the market," said TREB President Dorothy Mason. During last month TREB Members reported 8,518 sales of single-family dwellings across the GTA. "While down modestly (two per cent) over last year's total of 8,707, any result over 8,000 must be considered a strong performance," noted the President.
Click to view the full March Report 480kb
"While the weather last month may have been cold, Toronto's resale housing market remained hot," noted Ms. Mason. "And while it is too early to make predictions, it is clear from the start of 2007 that the spring season is likely to produce sales numbers at east comparable to those of the past several years, which have been record or nearrecord performances."
Click to view the full February Report 372kb
"The new year got off to a fast start, with 5,173 sales of existing homes in January, TREB President Dorothy Mason announced today. "This figure is up 13 per cent over last January, and up six per cent over the 4,869 sales recorded in January of 2002, which was the previous record for the month." Meanwhile,average prices climbed in January to $353,724, up five per cent over December and up six per cent over the $332,687 recorded in January 2006. "While one shouldn't read too much into a single month's result," the President said. "January's record breaking performance is an encouraging sign for the year ahead."
Click to view the full January Report 226kb