Tag Archives: Market Watch

Statistics Canada has released their monthly market update, reporting that the New Housing Price Index (NHPI) rose 0.2% in the month of April, continuing a streak of similar increases over the past year. Of all the Canadian cities, St. John’s experienced the largest property price growth at 1.0%, which is a significant increase compared to many stagnant months after an advance …

Greater Toronto Area (GTA) REALTORS® reported 10,182 sales through the TorontoMLS system in May 2013, representing a dip of 3.4 per cent compared to May 2012. Sales of single-detached homes in the GTA were up by almost one per cent compared to the same period last year, including a three per cent year-over-year increase in the City of Toronto. “The …

In the first quarter, the total amount of non-residential real estate investments rose to $12.4-billion, continuing the upward trend as the fifth consecutive quarter. In saying this, only four provinces saw significant increases during this time: Quebec, Alberta, British Columbia, and Manitoba. Unfortunately, Ontario was not a part of this list, as institutional investments were down considerably. Of the 34 Census Metropolitan …

First Quarter TorontoMLS Results (2013) As of March 2013, the TorontoMLS reported that there had been a total of 7,765  property transactions in the month of March, a figure 17% below March of 2012.  Taking a look back over the last few months, Toronto has seen a 14% decrease in transactions during the first quarter compared to last year.  What …

Bill 28 Passes Second Reading Bill 28, a movement intended to modify the Electronic Commerce Act (2000), carried through its second reading with support from all three parties in the Ontario Legislature.  The Bill seeks to remove the E-Commerce Act’s current exemption for documents that “create or transfer interests in land and require registration to be effective against third parties.”  …

March 18, 2013 — Greater Toronto Area REALTORS® reported 3,594 transactions through the TorontoMLS system during the first 14 days of March 2013 – down 11.5 per cent compared to the same period last year.  The number of new listings was up by less than two per cent. “With sales down and listings up slightly, the GTA market was better supplied in the first …

March 5, 2013 — Greater Toronto Area (GTA) REALTORS® reported 5,759 sales through the TorontoMLS system in February 2013 – a decline of 15 per cent in comparison to February 2012. It should be noted that 2012 was a leap year with one extra day in February. A 28 day year-over-year sales comparison resulted in a lesser decline of 10.5 …

February 5, 2013 — Greater Toronto Area REALTORS® reported 4,375 transactions through the TorontoMLS system in January 2013. This number represented a slight decline compared to 4,432 transactions reported in January 2012. “The January sales figures represent a good start to 2013. While the number of transactions was down slightly compared to last year, the rate of decline was much …

Here’s a cool info graphic to display our stats between 2011 and 2012.  I have couple more that I’m working on that I will post soon.

Having trouble watching video? Click here TORONTO, January 4, 2013 – Greater Toronto Area REALTORS® reported 3,690 sales through the TorontoMLS system in December 2012 – down from 4,585 sales in December 2011. Total sales for 2012 amounted to 85,731 – down from 89,096 transactions in 2011. “The number of transactions in 2012 was quite strong from a historic perspective. We saw strong year-over-year …