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April, 2018 Real Estate Market Stats

TORONTO, ONTARIO, May 3, 2018  "While average selling prices have not climbed back to last year's record peak, April's price level represents a substantial gain over the past decade. Recent polling conducted for TREB by Ipsos tells us that the great majority of buyers are purchasing a home within which to live. This means these buyers are treating home ownership as a long-term investment. A strong and diverse labour market and continued population growth based on immigration should continue to underpin long-term home price appreciation," said Mr. Syrianos. Full Report

Condo Report: Seller's Market Conditions Continue in Q4 2017

January 22, 2018 – Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 5,773 condominium apartment sales through TREB’s MLS® System in the fourth quarter of 2017. This result was down by 15.4 per cent compared to the last three months of 2016.

Over the same period, new condominium apartment listings were up by 9.8 per cent to 8,186. While sales were down relative to listings, market conditions still remained tight, with a sales-to-new listings ratio of 70 per cent. “Demand for condominium apartments remained strong relative to listings in the fourth quarter. Even with the uptick in listings, which was certainly welcome, there was enough competition between buyers to prompt double-digit annual rates of price growth. This points to the fact that we still do have a supply problem in the GTA that needs to be addressed to ensure the long term sustainability of the marketplace,” said Mr. Syrianos. Full Report

 

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1238 Mccron Cres, N4121614, Newmarket, for sale, , ZENY MANINANG, HomeLife/Bayview Realty Inc., Brokerage*  
  • Price: $789,000
  • Address: 1238 Mccron Cres
  • City: Newmarket
  • Type: Semi-Detached
  • Bedrooms: 4 + 2
  • Bathrooms: 4
  • Listing#: N4121614

***Immaculate Family Home In Prestigious Copper Hills With ~3100 Sqft Of Luxury Living Space (2200Sqft Main&2nd +900Sqft Of Professionally Finished Basement). Gorgeous 9Ft Ceiling On The Main With Open Concept Layout Is Perfect For Entertaining Or Relaxing At Home. Hardwood Floors Throughout The Main And 2nd Floor, Custom Backsplash W/ Centre Island And Breakfast Bar, Upgraded Cabinets, Custom Closet, 2nd Floor Laundry, Spacious Bedrooms And More To See...

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CONDOS FOR SALE

3607 - 80 John St, C4164641, Toronto, for sale, , ZENY MANINANG, HomeLife/Bayview Realty Inc., Brokerage*  

Rarely Offered For Sale! The Jolie 1+1 Den North Facing. $50K Plus In Upgrades. Festival Tower, Home Automation And Sound Package In Every Room, Electric Blinds, Fireplace, Radiant Floor Heating, Jacuzzi Tub, Fitness Centre, Sports Lounge, Yoga/Pilates Studio, Roof Top Sundeck, Sauna, Indoor Pool, Cinema.

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