Office: 905.832.6656  Fax: 905.832.6918  Mobile: 416.708.5597
previous next

Real Estate News ContactFree Home Evaluation

GTA REALTORS® RELEASE MONTHLY RESALE HOUSING FIGURES

 

TORONTO, May 4, 2016 – Toronto Real Estate Board President

 

Mark McLean announced that there were 12,085 sales reported through TREB’s MLS® System in April 2016. This result, which represented a record for the month of April, was up by 7.4 per cent in comparison to April 2015. For the TREB market area as a whole, annual sales growth was experienced for all major home types except semi-detached houses. In the City of Toronto, sales were down for detached and semi-detached houses as well as townhouses on a year-over-year basis. This dip in sales in the ‘416’ area code was due to a lack of low-rise listings. Many wouldbe buyers were not able to find a home that met their needs.

 

“Demand remained strong for all types of ownership housing. This suggests that Canadians continue to see the value in investing in homeownership, and on May 17, I encourage all homeowners to celebrate with us on National Real Estate Day,” said Mr. McLean. “While April’s sales result represented a new record for sales, that number could have been even higher if we had benefitted from more supply.

 

In the City of Toronto in particular, some households have chosen not to list their home for sale because of the second substantial Land Transfer Tax and associated administration fee. The lack of available inventory, coupled with record sales, continued to translate into robust annual rates of price growth,” continued Mr. McLean.

 

 

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 Diamond Award for 2015.  This puts me in the top 3% in Canada for Royal LePage.

   

 

Search for your dream home here

 


""

-
 to   

For Sale or Lease

Property Type

Rooms

Loading Map Search....

     

   
King City, $1,499,000
Beds: 3, Baths: 3
8 Aukland LaneResidential HomeApprox 2500-3000 sq ftLot: 113.00 x 192.00 AcresTaxes (2015) : $ 7,730
Kleinburg, $4,400.00 / month
Beds: 3 + 1
5920 Kirby RdResidential HomeApprox 3500-5000 sq ftLot: 2-4.99 Acres

Lucy Brookhouser BROKER, ABR

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

Powered by Lone Wolf Real Estate Technologies