Strong
Growth in June Sales
Paul Etherington (New President of the TREB)
July 4, 2014 -- Stepping into
his role as President of the Toronto Real Estate Board, Paul Etherington
announced a strong increase in residential sales reported through the
TorontoMLS system in June. Sales were up by 15.4 per cent year-over-year to
10,180 transactions. New listings were also up compared to the same period in
2013, but by a lesser annual rate. This means that competition between buyers
increased in June.
“Home buyers in the Greater Toronto Area are confident in their ability to
purchase and affordably pay for a home. Generally speaking, buyers feel that
ownership housing will be a good investment over the long term. This is why we
continued to see increases in home sales in June for all major home types
across the GTA. Given the degree of pent-up demand in the market today, I would
expect to see sales growth continue through the summer,” said Mr. Etherington.
The
average selling price for June transactions was $568,953, representing an
increase of 7.4 per cent compared to June 2013. The strongest price increase
for the GTA as a whole was for semi-detached houses, with the average price up
by 9.7 per cent year-over-year. The pace of price growth for condominium
apartments was also strong at 6.8 per cent.
“With
less than two months of inventory in many parts of the GTA, it makes sense that
we continued to experience very strong price growth in June. This is especially
the case for low-rise home types like singles, semis and townhouses. Strong
price growth for these home types will continue through the remainder of 2014.
Despite higher inventory levels, the condominium apartment market segment has
benefitted from enough buyer interest to result in above-inflation price
growth,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.
7月マーケットウォッチ略訳
■数字で見る2014年6月
総売上物件数： 10,180件 （前年同期に比べ約15.4％増加）
平均販売価格： 568,953ドル （前年同期に比べ約7.4％増加）
■要訳
GTAにおいて最も強い価格上昇は、平均価格が前年比9.7％増の二戸建住宅（セミディタッチハウス）によるものでした。コンドミニアム（分譲マンション）の価格成長のペースも6.8％と強かったです。
