Market Watch

Please feel free to post any comments… Source: Canadian Real Estate Association

Following are the market charts as posted by the Toronto Real Estate Board along side a brief commentary If you have any questions or would like to get more information including a full market report, please feel free to contact me. Thanks, Addy Saeed

Following are the key Toronto Real Estate Boards’ housing stats that were published yesterday for your review.  The new charts are designed to showcase key indicators about Toronto’s residential Real Estate Market in a visual presentation. Following are some points worth noting: Sales for June 2010 were lower than June 2009 but almost at the same level at 2008 which hasn’t been …

TORONTO, MARCH 17, 2010 – Greater Toronto REALTORS® reported 4,353 sales through the Multiple Listing Service® (MLS®) during the first two weeks of March.  This represented a 70 per cent increase compared to the 2,562 sales recorded during the same period in 2009 when resale transactions had dipped markedly due to the recession. The mid-month sales total was also 16 …

Housing performance expected to accelerate in 2010,as economic stability returns to Canadian markets, says RE/MAX Fifteen markets to set new records for average price in 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 …

TORONTO, November 18, 2009 – In the first two weeks of November, Greater Toronto REALTORS® reported 3,666 sales – up 84 per cent compared to the first two weeks of November 2008. The average price for these transactions was up 10 per cent year-overyear to $415,066. Increased interest in ownership housing has been widespread throughout the GTA and across all …

People who try to do something and fail are infinitely better than those who try to do nothing and succeed. Experiencing failure is inevitable on your journey to be successful. Each defeat is merely an installment to victory. You’ll find that the number of times you succeed is in direct proportion to the number of times you fail and keep …

Your destiny isn’t a matter of chance, it’s a matter of choice. It’s not something you wait for, but rather something you pursue. Don’t wait for extraordinary opportunities. Seize common occasions and make them great. Opportunities sometimes come disguised in the form of misfortune or temporary defeat. Start where you are. You’re at this moment standing right in the middle …

Release Date: September 10, 2009 Statistics Canada, New Motor Vehicle Sales Source: Statistics Canada Full Report

Mississauga, ON. (July 13, 2009) – Pent-up demand for residential housing has bolstered sales in Canada’s major markets-a clear signal that the housing sector has shifted into recovery mode, says RE/MAX. More balanced market conditions have emerged, effectively ending the stronghold that buyers had on the market over the past six to eight months. Canada’s largest markets, Toronto and Vancouver, …