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GTA REALTORS® Release Mid-Month Resale Housing Figures |
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Toronto, September 16, 2011 – Greater Toronto REALTORS® reported 3,149 transactions during the first 14 days of September, representing an increase of more than 25 per cent in comparison to the first two weeks of September 2010. New listings over the same period, at 6,890, were up by 14 per cent compared to last year.
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GTA REALTORS® REPORT MONTHLY RESALE HOUSING FIGURES |
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TORONTO, May 4, 2011 -- Greater Toronto REALTORS® reported 9,041 existing home sales through the TorontoMLS® system in April 2011. This result was down 17 per cent compared April 2010 when sales spiked to a new record of 10,898. While off last year’s record result, April 2011 sales were in line with the average April sales level reported over the previous five years. |
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 The new mortgage rules − what they are and what they mean to you. The Canadian Government has introduced new rules for government-insured mortgages (where the amount borrowed is greater than 80% of the appraised value of the home). These rules, which took effect on March 18th, were introduced to help homeowners by promoting responsible borrowing for what is likely their largest purchase. |
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TREB produces regular economic commentaries based on recurring data releases from organizations including Statistics Canada, the Bank of Canada, CMHC and various US agencies. These commentaries are written by Jason Mercer, TREB’s Senior Manager of Market Analysis, and include a summary of the release and an analysis related to the real estate sector in the GTA. Members can use these economic commentaries to situate real estate markets within the context of broader economic trends.
Click here TREB's Mercer Reports |
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