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GREATER TORONTO REALTORS® REPORT MID-MONTH HOUSING MARKET FIGURES
 
 
TORONTO, October 16, 2014 – Toronto Real Estate Board President Paul Etherington 
announced that residential sales reported through the TorontoMLS system during the first 14 
days of October were up by 12.2 per cent compared to the same period in 2013. Over the 
same period, new listings entered into TorontoMLS were up by a lesser 5.9 per cent.
“We have seen a strong hand-off from the third quarter into the fourth quarter, as sales for all 
major home types were up. This suggests that a great diversity of home buyers remain active in 
today’s market, from first-time buyers looking for affordable home ownership options through to 
high income households looking to purchase a luxury property,” said Mr. Etherington.
 
The average selling price for sales during the first two weeks of October was $583,719 – up by 
8.8 per cent compared to the same period in 2013. Overall price growth continued to be driven 
by the low-rise market segments, including detached and semi-detached houses and 
townhouses.
 
“Strong annual rates of price growth for low-rise home types were sustained, as sales growth 
continued to outpace growth in new listings. Sellers’ market conditions are expected to remain 
in place for the remainder of 2014 and into 2015 as well. This means that high single-digit rates 
of price growth for singles, semis and townhouses will likely remain the norm over the next few 
months,” said Jason Mercer, TREB’s Director of Market Analysis.
 
 

King City real estate, Kleinburg real estate, Vaughan real estate, and Richmond Hill real estate is in high demand.  Interest Rates are still low, and there are a shortage of listings in some areas.  If you were on the market previously, and didn't sell, try it now. Please take a look at the local market information statistics under the “Helpful Information” tab at the top of your screen and then click Local Market Information.

 

Call me for an accurate evaluation of your property.  I will provide a top notch marketing plan and tell you about my satisfaction guarantee. 

It’s about people, is not just a slogan - it’s who I am. I know what you’re thinking and feeling because I’ve been through it a number of times. I’m here to help you feel more comfortable, more relaxed and ultimately feel more like “home” until you re-establish your home. I’ll get to know you, your lifestyle and what is required to make your transition a smooth one.

If you are a buyer, it would be a good idea to hire Realtors, To help navigate this difficult market.  I will discuss a plan to find the right home for you, be it a house, condominium, investment property, or a townhouse. I'm happy to announce that I've been awarded the President's Gold Award for 2013.  This puts me in the top 6% in Canada for Royal LePage. 

 

 

 


 

Lucy Brookhouser BROKER

Royal LePage Your Community Realty Brokerage

Independently owned and operated

9411 Jane Street, Vaughan ON, L6A 4J3

Phone: 905.832.6656

Fax: 905.832.6918

Mobile: 416.708.5597

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