Thursday, August 14, 2014

■Market Watch-August, 2014

Sales and Average Price Up Year-Over-Year in July

August 7, 2014 -- Toronto Real Estate Board President Paul Etherington reported strong year-over-year growth for July 2014 sales and the average selling price. Sales reported by TREB Members through the TorontoMLS system were up by 10 per cent to 9,198. This was the second-best July sales result on record.

“The second half of 2014 started where the first half left off, with very strong demand for the diversity of affordable home ownership options in the Greater Toronto Area. Sales were up strongly for most major home types and market conditions actually tightened, with sales growth outpacing listings growth. The result was average price growth well-above the rate of inflation,” said Mr. Etherington.

The average selling price for July 2014 sales was $550,700 – up by 7.5 per cent compared to July 2013. The strongest rate of price growth was reported for the detached market segment in the City of Toronto, with a year-over-year change of 11 per cent. The better-supplied condominium apartment segment experienced average price growth of 5.3 per cent for the GTA as a whole.

“Strong demand for ownership housing will underpin robust average price increases for the remainder of 2014. In fact, the pace of price growth that we have experienced over the past year will continue until growth in listings outpaces growth in sales for a sustained period of time,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

9,198件 (前年同期に比べ約10%増加)
550,700ドル (前年同期に比べ約7.5%増加)



Friday, August 1, 2014


347 Beech Avenue (The Beaches Area, South of Kingston Rd.)

Update: The house got sold at $680,000 which is 108% over listing price

Fantastic 3 Bedroom Semi Detached House. Directly Across From Glen Stewart Ravine! Lot's Of Original Beach Character, Hardwood Throughout, Large Eat-In Kitchen With Access To Yard. Open Concept Living-Dining Room. Two Updated Full Baths, Beautifully Finished Basement With Separate Entrance Easily Converted To Second Suite.
List: $629,000

Open House This Weekend
August 2 (Saturday) and 3 (Sunday)
2 to 4p.m.

See you then!

Nat Smilis