Toronto Homes Homes Sales August 2014 Remain "Hot"

TORONTO, September 4, 2014 – Toronto Real Estate Board reported 7,600 sales through the Toronto MLS system in August 2014. This result was up by 2.8 % compared to 7,391 transactions reported in August 2013. Year-to-date sales through the end of August amounted to 65,454, which represented an increase of 6.5 % compared to the same period in 2013.

 Looking forward to the fall market demand for ownership housing will remain strong. Home buyers will continue to benefit from a diversity of affordable home ownership opportunities throughout the GTA. The fact that sales were up for all major home types in August suggests that first-time buyers and existing home owners remain very active in today’s marketplace.

 

The average selling price in August 2014 was $546,303 – up 8.9 % in comparison to the average of $501,677 reported in August 2013. The year-to-date average price through August was $562,504, which represented an increase of 8.5 % in comparison to the same period in 2013.

 

The number of listings in August was down in comparison to last year, while the number of sales increased. This means that sellers’ market conditions remained in place with a lot of competition between buyers. This is why we continued to see strong price growth last month. Looking forward, if sales growth continues to outstrip listings growth, the average selling price should continue to increase on a year-over year basis.

Toronto Home Sale Price Increase 6.5% in August

TORONTO, September 6, 2012 – Greater Toronto Area (GTA) REALTORS® reported 6,418 sales through the Toronto MLS system in August 2012, representing a year-over-decline of almost 12.5 per cent compared to 7,330 sales reported in August 2011. The number of new listings reported in August was down by 5.5 per cent compared to the same period in 2011. “Residential transactions were down in August compared to last year. Stricter mortgage lending guidelines, which came into effect in July, arguably played a role. In the City of Toronto, the additional impact of relatively higher home prices coupled with the upfront cost associated with the City’s Land Transfer Tax led to a stronger annual decline in sales compared to the rest of the GTA,” said Toronto Real Estate Board (TREB) President Ann Hannah. The average selling price for August 2012 transactions was $479,095 – up by almost 6.5 per cent compared to August 2011. The annual rate of price growth was driven by the low-rise home segment in the City of Toronto, including single-detached homes with an average annual price increase of 15 per cent. The MLS® Home Price Index (MLS® HPI)* composite index, which allows for an apples-to-apples comparison of benchmark home prices from one year to the next, was up by 6.3 per cent year-over-year. “While sales were down year-over-year in the GTA, so too were new listings. As a result, market conditions remained quite tight with substantial competition between buyers in the low-rise market segment,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “The trends for sales and new listings are moving somewhat in synch, suggesting that the relationship between sales and listings will continue to promote price growth moving forward.”

Selling a Home is Faster and more Profitable with a Realtor-Diane Plant, Broker, Forest Hill Real Estate

Survey Reveals Success of REALTORS® vs. FSBOs Daily Real Estate News | Monday, August 20, 2012

Home sellers are more than twice as likely to get their homes sold if they use a REALTOR®, rather than trying to sell their home on their own, according to a new survey conducted by HomeGain of 400 home owners nationwide from July 31 to Aug. 10.

Seventy-three percent of the home owners surveyed said they used a REALTOR®. On the other hand, 21 percent of those surveyed said they tried to sell their home themselves.

The survey found that 66 percent of the home owners who used a REALTOR® were able to successfully sell their home compared to 30 percent of for-sale-by-owners.

What’s more, the survey found that 22 percent of the for-sale-by-owners eventually decided to use a REALTOR® to try to sell their home. More than half of those who did were then able to sell their homes too, the survey found.

“The value of a REALTOR® in a real estate transaction is made strikingly apparent in our 2012 FSBO verses REALTOR® survey of home sellers,” says Louis Cammarosano, general manager of HomeGain. “A qualified REALTOR® understands the dynamics of the market and can better assist home sellers in the pricing and preparation of their homes for sale.”
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I proudly server buyers and sellers in the Toronto Neighbourhoods of: Cedarvale, North York, North Toronto, Bedford Park, Forest Hill, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone me and I will be happy to make your real estate journey a great experience.
What's For sale in Toronto and the GTA?
What's My Home Worth?
FREE REPORTS
I’m never too busy for you or any of your referrals
Diane Plant, Broker
Re/Max Realtron Realty Inc, Brokerage
(416) 782-8882 TORONTO REAL ESTATE WEBSITE

Diane Plant's Snowflake cookies 2011-yummy gingerbread

McCaul Street Shul-looking for wedding pictures circa 1910-1920

I have been given the Chupa from the McCaul Street Shul (Beth Hamidrash Hagadol). It was made in the early 1900's by Albert Blumenfeld. He was the Shamash circa 1910-1920. He also served at the University and Henry St Shuls, where this Chupa may also have been used.

I am trying to locate any wedding pictures that were taken under the Chupa. It was has a white centre with a large Star of David in gold ribbon. The side panels are in a light turquoise blue.

This chupa is being donated to the museum at Beth Tzedek because these two Shuls were amalgomated.

If you have any pictures, please contact me, didi2929@rogers.com

205 Wynford Dr, #401-Eglinton at Don Valley, Diane Plant, Re/Max Realtron

Offered at $295,000.00
This large, light-filled corner unit boasts windows on 3 sides facing east, north and west. balcony faces west and south onto the parkland.
Enter into a large, welcoming foyer with double sized, mirrored coat closet. There are 2 bedrooms and 2 bathrooms. Gleaming, updated hardwood floors throughout the main areas. The ensuite laundry room has full sized appliances and a hall linen closet. App.1300 s.f.

Living Room

Dining Room

Master Bedroom

Building Amenities:24/7 gatehouse, Security guard patrols 6 pm to 6 am. Security system, indoor salt-water pool, dry sauna, Whirlpool, Exercise room/Gym, Tennis courts, Squash courts, Billiards, Table tennis, Party room (rental fee applicable), Small roof top garden, Bike racks and scooter parking, Lots of visitor parking

Area influences:TTC outside building, close to DVP and connecting highways, Eglinton, Don Mills Rd., public golf course, Science Centre, Superstore, Japanese Cultural Centre.

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I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Bedford Park, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.

Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.

What's For sale in Toronto and the GTA?

What's My Home Worth?

FREE REPORTS

I’m never too busy for you or any of your referrals

Diane Plant, Broker
Re/Max Realtron Realty Inc, Brokerage
(416) 782-8882

TORONTO REAL ESTATE WEBSITE

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