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GTA REALTORS® Report Mid-Month Resale Housing Figures

Friday, March 9, 2018   /   by Ruth Ballantyne

GTA REALTORS® Report Mid-Month Resale Housing Figures




TORONTO, August 17, 2010 - Greater Toronto REALTORS® reported 2,732 sales
through the Multiple Listing Service® (MLS®) during the first two weeks of
August 2010.
This represented a 29 per cent decrease compared to the 3,832 sales
recorded during the same period in 2009. New listings, at 4,770 were down
eight per cent compared to the first two weeks of August 2009.
“Throughout the better part of the last year, the number of monthly sales
was well above the expected long-term trend. Accordingly, it makes sense
that the number of transactions has dipped over the past few months in
comparison to last year’s record results,” said Toronto Real Estate Board
President Bill Johnston.
The average price for August mid-month transactions was $412,934 – up
eight per cent compared to the average of $383,796 recorded during the
first 14 days of August 2009.
“We have seen a sufficient number of buyers relative to sellers over the
summer months to support continued year-over-year price growth in the
GTA,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.
Ballantyne Professionals | RE/MAX Realty Services Inc.
Ruth Ballantyne
295 Queen Street E
Brampton, ON L6W 3R1
905-456-1000

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2021 Last Updated May 13, 2021
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