Toronto Real Estate Market Stats

[BrianPersaud]

City of Toronto ("416")
Price 2010 - $491680 (+20.2%)
Price 2008 - $409116

GTA
Price 2010 - $440153 (+14.2%)
Price 2008 - $385405

Sales this year 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 per cent higher than the previous March midmonth high reached in 2006.

Greater Toronto REALTORS® reported 4,353 sales through the Multiple Listing Service® (MLS®) during the first two weeks of March.

"Look for double-digit annual price increases to cease later in 2010, as new listings rebound from the low levels experienced in 2009," said Jason Mercer, TREB`s Senior Manager of Market Analysis. "Increased listings will give buyers more choice, resulting in less upward pressure on home prices.”

City of Toronto ("416")
Sales 2010 - 1726
Price 2010 - $491680 (+22.8%)
Sales 2009 - 987
Price 2009 - $400454

Rest of GTA ("905")
Sales 2010 - 2627
Price 2010 - $406298 (+18.2%)
Sales 2009 - 1575
Price 2009 - $343594

GTA
Sales 2010 - 4353
Price 2010 - $440153 (+20.4%)
Sales 2009 - 2562
Price 2009 - $365499

TREB data mid-March http://bit.ly/9CcOR