Loading ...Greater Toronto REALTORS® reported 10,898 sales through the Multiple Listing Service® (MLS®) in April, representing a 34 per cent increase compared to April 2009. There were also 20,683 new listings in April – a 59 per cent annual increase. Both the sales and new listings results amounted to new records for the month of April under the current Toronto Real Estate Board (TREB) boundaries.
“The GTA resale market is functioning properly. Sales were high as buyers continued to take advantage of affordable home ownership opportunities. Listings grew as home owners reacted to strong sales and price growth,” said Toronto Real Estate Board President Tom Lebour. “More balanced market conditions will result in sustainable rates of annual price growth in the second half of 2010.”
The average price for April transactions was $437,600 – up 13 per cent compared to the average of $385,641 recorded in April 2009.
“Home sales continue to be driven by many different segments of the market, with sales growth for all major home types in both the City of Toronto and surrounding 905 regions,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “Home sales will remain strong in the second half of 2010, but will slip from the current record pace as borrowing costs rise.”
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Please visit our home staging portfolio for more samples of our staging projects. Give us some some details on your home and when you’re planning to sell and get a free home staging estimate. Or, contact us for a free estimate at (647) 409-2091 or anne@StagingWorks.ca.
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Home staging is not a gimmick. What it allows you to do is show your home in its best possible light. There’s nothing phony about it. It’s the same as if you were going to sell your car, obviously you would clean and vacuum the inside and give it a thorough washing inside and out.