■Market Watch-September, 2014

Annual Growth in Home Sales Continued in August

September 4, 2014 -- Toronto Real Estate Board President Paul Etherington reported 7,600 sales through the TorontoMLS system in August 2014. This result was up by 2.8 per cent compared to 7,391 transactions reported in August 2013. Year-to-date sales through the end of August amounted to 65,454, which represented an increase of 6.5 per cent compared to the same period in 2013.

“The last full month of summer ended on a high note. As we look toward the fall market, I expect that demand for ownership housing will remain strong. Home buyers will continue to benefit from a diversity of affordable home ownership opportunities throughout the GTA. The fact that sales were up for all major home types in August suggests that first-time buyers and existing home owners remain very active in today’s marketplace,” said Mr. Etherington.

The average selling price in August 2014 was $546,303 – up 8.9 per cent in comparison to the average of $501,677 reported in August 2013. The year-to-date average price through August was $562,504, which represented an increase of 8.5 per cent in comparison to the same period in 2013.
“The number of listings in August was down in comparison to last year, while the number of sales increased. This means that sellers’ market conditions remained in place with a lot of competition between buyers. This is why we continued to see strong price growth last month. Looking forward, if sales growth continues to outstrip listings growth, the average selling price should continue to increase on a year-over-year basis,” said Jason Mercer, TREB’s Director of Market Analysis.

9月マーケットウォッチ略訳
■数字で見る2014年8月
総売上物件数：　7,600件　（前年同期に比べ約2.8％増加）
平均販売価格：　546,303ドル　（前年同期に比べ約8.9％増加）

■要訳
昨年同期に比べ売りに出されている物件数は減少したものの販売数は増加。これは、売り手市場が続き買い手間の競争が多々見られることを示しています。今後も販売数が物件数を上回り、平均売値の上昇が引き続きみられるでしょう。

Source: www.torontorealestateboard.com