Residential real estate listings up 21%.
Greater Toronto Realtors reported 4,139 sales through the Multiple Listing Service® (MLS®) during the first two weeks of June 2010. This represented a 20 per cent decrease compared to the 5,185 sales recorded during the same period in 2009. New listings increased by 21 per cent annually to 7,985.
“The pace of existing home sales in the GTA has slowed to more normal levels following a record-setting start to 2010,” said Toronto Real Estate Board President Tom Lebour.
“Due to higher mortgage carrying costs, sales in the second half of 2010 will not be as high as what was experienced during the last six months of 2009.”
The average price for June mid-month transactions was $437,039 – up seven per cent compared to the average of $407,716 recorded during the first 14 days of June 2009. “The seller’s market conditions experienced during the first few months of the year have given way to more balanced conditions. Home buyers are experiencing more choice,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “With more choice in the market place, price growth is starting to slow.”
Summary Of June Sales And Average Price
City of Toronto (sales -20.3% | price +4.0%)
2010 Sales: 1,681 | Average Price: $467,983
2009 Sales: 2,023 | Average Price: $449,946
Rest of GTA (sales -28.6% | price +9.2%)
2010 Sales: 2,458 | Average Price: $415,876
2009 Sales: 3,162 | Average Price: $380,698
All of GTA (sales -25.3% | price +7.2%)
2010 Sales: 4,139 | Average Price: $437,039
2009 Sales: 5,185 | Average Price: $407,716
Home staging is a highly effective marketing tool used to maximize the selling price of homes and condos. 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 Toronto, GTA and surrounding areas.
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, call us for a free estimate at (647) 409-2091 or anne@StagingWorks.ca.
Popularity: 27% [?]
Tags: home staging toronto, Real Estate Trends, selling toronto condo, selling toronto home, selling toronto house, selling your home, staging toronto condo, StagingWorks, toronto home staging, toronto real estate