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March, 2018 Real Estate Market Stats

TORONTO, ONTARIO, April 4, 2018 – While the change in market conditions certainly played a role, the dip in the average selling price was also compositional in nature. Detached home sales, which generally represent the highest price points in a given area, declined much more than other home types. In addition, the share of high-end detached homes selling for over $2 million in March 2018 was half of what was reported in March 2017, further impacting the average selling price.  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

 

Markham/Lawrence - 17 Vanwart Dr For Lease 3 Bedrooms 2 Pkg.

Renting Main Floor Only *Lovely Home Beautifully Renovated *Hardwood Floors In Living/Dining, Hallway & Bedrooms*Renovated Bathroom*Renovated Kitchen W/ Quartz Countertop, Undermount Sink, Ceramic B/S *Mirrored Closets *New Front Door & Storm Door *Fully Fenced Yard, *Huge Deck *Wide Driveway *2 Parking For Main Flr Tenants-Garage And One Driveway) Close To Schools, Ttc, Hwy 401, Shopping..Everything!

McCowan & Ellesmere 1 Bedroom *Leased* (Utilities incl.)

LOOKING FOR A HOUSE OR CONDO?

Gorgeous Well Maintained 2-Storey Townhouse With Professionally Finished Basement On Quiet Private Crescent In Richmond Hill! Featuring 9'Ft Ceilings On Main Floor,Crown Moulding,Stunning Hrdwd Floors, Huge Family/Dining Room With Potlights , Large Kitchen W/Breakfast Area And Granite Counter Top, Smooth Ceiling, Additional Insulation In Attic, Large Master Bedroom,Built-In Shelves And 4-Pc Bath! Close To Parks,Public Transit,Schools,Shopping.

CONDOS FOR SALE

Amazing 2 Bdrm/2 Bath & Floor To Ceiling Wrap Around Windows And A Walk-Out To Fabulous Balcony. Gorgeous Kitchen Has Granite Counters/Quality Black Appliances. Generous Bedrooms + Master Fitsta King Suite! Two Full Baths. Owned Locker! Amazing Sweeping Views Of The City! This Building Has It All - Gym/Pool/Games/Guest Suites/24 Hour Concierge++. Live/Invest In Comfort!!! This Is It! Easy Access To 401, Steps To Ttc, Go Station, Kennedy Commons & Stc

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