Home Staging Toronto � Toronto Home Staging Blog

The article below from TREB was published on Marketwire March 16th.

Greater Toronto REALTORS® reported 4,138 sales during the first two weeks of March 2011 – a five per cent decrease compared to the first two weeks of March 2010. The number of new listings also dipped – down by 15 per cent compared to the same period last year.

“A positive economic outlook for the Greater Toronto Area, including steady growth in jobs and incomes, has kept households confident in their ability to purchase and pay for a home over the long term,” said Toronto Real Estate Board (TREB) President Bill Johnston.

The average price for transactions during the first 14 days of March was $460,196, representing a 4.6 per cent increase compared to the first two weeks of March 2010.

“Market conditions are tighter compared to this time last year, resulting in more competition between buyers and sustained upward pressure on the average selling price. The annual rate of price growth is expected to range between three and five per cent in 2011,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.
Summary Of March Sales And Average Price

March 1st to 14th, 2011
2011 2010
Sales Average Price Sales Average Price
City of Toronto (“416″) 1,618 $512,179 1,726 $491,680
Rest of GTA (“905″) 2,520 $426,820 2,627 $406,298
GTA 4,138 $460,196 4,353 $440,153
Source: Toronto Real Estate Board

Sales & Average Price By Home Type

March 1st to 14th, 2011
Sales Average Price
416 905 Total 416 905 Total

Detached 537 1,399 1,936 758,409 512,864 580,972
Yr./Yr. % Change -12% -6% -8% 6% 7% 6%
Semi-Detached 176 305 481 502,455 356,812 410,104
Yr./Yr. % Change -15% 3% -5% 2% 6% 2%
Townhouse 184 474 658 433,119 324,465 354,849
Yr./Yr. % Change -2% -1% -1% 14% 2% 6%
Condo Apartment 703 278 981 352,057 254,529 324,419
Yr./Yr. % Change 1% -6% -1% 8% 2% 7%
Source: Toronto Real Estate Board

Greater Toronto REALTORS® are passionate about their work. They adhere to a strict Code of Ethics and share a state-of-the-art Multiple Listing Service. Serving over 31,000 Members in the Greater Toronto Area, the Toronto Real Estate Board is Canada’s largest real estate board. Greater Toronto Area open house listings are now available on www.TorontoRealEstateBoard.com.


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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, call us for a free estimate at (647) 409-2091 or anne@StagingWorks.ca.

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