GTA REALTORS® RELEASE MONTHLY MARKET FIGURES
Greater Toronto REALTORS® reported 4,567 sales through the TorontoMLS® system in January 2012. This number was 8.8 per cent higher than the 4,199 sales reported in January 2011. Sales growth was strongest for low-rise home types in the regions surrounding the City of Toronto.
“A favourable affordability picture bolstered by very low posted fixed mortgage rates has kept home buyers confident in their ability to achieve the Canadian goal of home ownership,” said Toronto Real Estate Board President Richard Silver. “The buyer pool remains diverse in the GTA with strong interest in home types across the pricing spectrum,” continued Silver.
The average selling price for January 2012 transactions was $463,534 – up by almost nine per cent compared to January 2011.
Read more at:
http://communications3.torontomls.net/newstand/news/2012/mn1202/pdf/nr_market_watch_0112.pdf
GTA MONTHLY RESALE MARKET FIGURES
Greater Toronto REALTORS® reported 4,718 transactions through the TorontoMLS® system in December 2011. The December result capped off the second-best year on record under the current Toronto Real Estate Board (TREB) boundaries. Total sales for 2011 amounted to 89,347 – up four per cent in comparison to 2010.
"Low borrowing costs kept Buyers confident in their ability to comfortably cover their mortgage payments along with other major housing costs," said TREB President Richard Silver. "If Buyers had not been constrained by a shortage of listings over the past 12 months, we would have been flirting with a new sales record in the Greater Toronto Area," added Silver.
The average selling price in December was $451,436 – up four per cent compared to December 2010. For all of 2011, the average selling price was $465,412, an increase of eight per cent in comparison to the average of $431,276 in 2010.
"Months of inventory remained below the pre-recession norm in 2011
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Today is Jan 3rd but it is still the first working day of this year. Most of the offices remained closed yesterday.
I had a Home inspection on 1st, a listing presentation yesterday ( which went fine) and have a showing late in the evening ! In total I have been working all these days and could not take off. That's what we have in this business. Its the service witch comes first. You provide the service and the business will come.
Its the coldest day in GTA area. The min temp. will go down to -16 degree centigrades but I will be busy.
I had a home inspection today. While everyone was relaxing I think I was the only guy working. But I was happy.
I have a listing presentation tomorrow too. Isn't it a great start in 2012! I think it is. But, it is the hard work I did in year 2011.
Thats what the Real Estate is about. Just keep it up !
While most of us took a break on 1st Jan but I was busy somewhere else serving one of my client !
What a good start it can be on the first day ! I had a Home Inspection at Derry Rd and Mavis Rd in Mississauga.
Just sold a detached home two days ago in a new neighborhood, close to Sobey's, 407, 401, 410 and heartland.
The prices of homes under 2400 sq foot are going around $580000 !
The inventory of homes for sales in this area is low but there will be somethingnew coming up in next four months times.
Are you thinking of moving to this area ! Just give me call to know more about this location !
Have a Wonderful Happy New Year !
As a Realtor, I can assist you to find a home in Mississauga, Brampton, Milton, Caledon, Toronto or any where around GTA. Search Your Next Home at www.GreatGtaHomes.com.
I am Realtor with Homelife United Realty Inc. with the Head Office located near Airport Road, in the City of Mississauga and have four locations to serve you. I am an Engineer and MBA in marketing. As a full time Realtor, I am in this business for last 6 years.
If you need a Realtor to help you buy or sell a Home in City of Mississauga, City of Brampton or City of Toronto, let me google it for you.
I belive in quality service than quantity. My philosophy of life is, never ever force any of my client. I don't push my clients against thier wish to sign any paper. Rather, I help them to make a wise and valuable decision of life. I am sincere and a reliable Realtor.
All said, it means complete satisfaction of my clients. I like working with quality clients and I take pride in building a relationship with all of my clients.
I am tech savy and am always interested to learn new things in life. I keep myself abreast with the latest. My website is www.greatgtahomes.com
I am available 24/7 (24 hrs pager - 905 672 1234) for service.
You can also reach me at: http://twitter.com/patsham
Four Locations to serve you : You don't have to worry about our support !!
Mississauga Office Addresses :
2980 Drew Drew Road, Suite 215, Mississauga, ON,
808 Britannia Rd, Suite 214, Mississauga, ON, L5V 0A7
Brampton Office Addresses :
7700 Hurontario St, Suite 403, Brampton, ON, L6Y 4M3
or
2260 Bovaird Drive East. Suite 202, Brampton, ON, L6R 3J5
Member:
Toronto Real Estate Board
Canadian Real Estate Association
Ontario Real Estate Association
RICO
My primary area of service are Mississauga, Brampton, Milton, Oakville, Etobicoke and Toronto.
My areas of expertise includes both Residential and commercial( Small Business). If you are thinking of selling or buying a home, you are at the right place. I am first time home buyer specialist and am active in Mississauga and Brampton. I take pride in helping even my clients who are looking for rental houses. Watch this beautiful condo For Rent.
For those who are thinking of a good deal on Bank sale or power of sale properties in Mississauga, Brampton or anywhere around GTA. You can ask me for assistance.I'll get you the good deals. Just visit my website and see the what is going on in the market.
To market the property at the correct price is very important. Overlisted property will not bring you the quality and qualified buyers which is very very important. So how to start with ? Ask me for a complementry Free market Evaluation of your home and I'll be happy to do that. Fix an appointment with in my office or at your home. Once in a year, its a good idea and home owners must get thier house evaluated to know the market value.
If you or any of your friend or a relative is thinking of Selling or Buying any kind of property, please contact me for one to one free no obligation consulation.
Hi Sham,
You had been wonderful and gave your whole hearted support in helping us to find our Home.
You not only handled all the paper work and the mortgage but you ensured we move comfortably.
You had been patience through out the process and we really appreciate it.
Good Luck.
Amrit and Jas
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Hello Sham,
We wanted to express my gratitude and contentment in listings our house with you and placing it on MLS and your web site. Before that, we tried privately for over a month but thy response was not positive. But the response was incredible after listing our home with you. We were able to sell our house on 3rd day !! Your marketing strategy was great and it worked.
We will use your services in future with our other property and will recommend your services to our friends and relatives. Your service was valuable particularly with listing presentation and the way you handled all our paper work. It was hassle free.
Keep up the good work.
Maria & Benjamin.
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Hey Sham
Thanks for putting your hard work and helping us to find a Home in Mississauga. In this hot market, it was really a tough task when the inventories were low. It was your quick and fast approach which helped us.
Good Luck !
Moe
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Good Luck Sham
Your did a wonderful job. You were very patient and gave your full time and assisted me in getting a good deal on power of sale property.
Mohan
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Thank you very much Sham. You sold our home and we were happy with your style and your quality services. Narinder.
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Being a first time buyer, Sham guided me through all the important steps, provided guidance and a wealth of knowledge, and enabled me to buy a condo that fit my budget. He dedicated countless hours helping me find the perfect condo. He made me feel as if I was the only client he was representing which was fantastic. Sham was always punctual, professional, and did an amazing job researching the chosen area, and the condo market in general. I would highly recommend Sham to both my friends and family.
Jonathan
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