Loading ...Greater Toronto Realtors reported 10,430 sales through the Multiple Listing Service® (MLS®) in March, pushing total first quarter 2010 sales to 22,418 – the best result on record under the current Toronto Real Estate Board (TREB) boundaries. The average price for March transactions was $434,696. The average price for the first quarter was $427,948.
Â
“The strong rebound in the existing home market was one of the initial drivers of economic recovery,” said TREB President Tom Lebour. “While we don’t expect to see the same rates growth moving forward, GTA households will remain confident in ownership housing as a quality long-term investment, especially as economic recovery expands across all industries.”
Â
The annual rate of growth for new listings continued to accelerate in March. The number of new listings grew by 42 per cent compared to March of 2008. “The average home price in the GTA will continue to grow this year, but the pace will slow as we move through the spring,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “As growth in new listings starts to outstrip growth in sales, buyers will experience more choice, resulting in more sustainable single digit rates of average price growth.”
Â
StagingWorks is the premier Toronto home staging services company. We provide a complete range of professional services which include vacant home staging, occupied home staging and condo staging. We have staging packages to accommodate most budgets and serve the GTA and surrounding areas.
Â
Please visit our home staging portfolio for more samples of our staging projects. Contact us for a free estimate at (647) 409-2091 or anne@StagingWorks.ca.
Popularity: 28% [?]
Tags: condo staging toronto, home staging toronto, selling toronto condo, selling toronto home, selling toronto house, StagingWorks, toronto home stager, toronto home staging, toronto home staging blog, toronto real estate