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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Double-digit gains characterize average price appreciation in most Toronto neighbourhoods in 2010, says RE/MAX (Diane Plant's Blog)

Mississauga, ON (July 14, 2010) - Toronto's housing market roared back to life in the first half of 2010, with single-detached homes and condominium apartments and townhouses posting unprecedented double-digit gains in average price in most districts, according to a report released today by RE/MAX Ontario-Atlantic Canada. This is in stark contrast to the July 2009 RE/MAX report that found that values in approximately 80 per cent of neighbourhoods surveyed in Toronto had depreciated over the same period in 2008.

RE/MAX examined 63 Toronto Real Estate Board (TREB) districts in the single-detached category between January and June of 2010 and found that 85.7 per cent experienced double-digit gains. Mississauga's Lorne Park (W13) led in terms of percentage increase in average price with a 30.2 per cent upswing in the first six months of the year, bringing year-to-date values in the area to $880,373 (vs. $676289 in 2009 and $830,041 in 2008). Markham (N01) ranked second with a 27.7 per cent jump to $779,168 (vs. $610,322 in 2009 and $683,050 in 2008) while Armour Heights, Bathurst Manor (C06) came in a close third at 27.5 per cent (rising to $732,535 from $574,599 in 2009 and $589,808 one year earlier). Mississauga's Creditview, Erindale area (W16) secured fourth spot with an average price of $561,973-up 26.5 per cent over 2009's $444,221 and 2008's $476,877. Rounding out the top five was York Mills, Hogg's Hollow, Bridle Path (C12) with a 26.2 per cent increase over last year and an average price of $1,868,591 (vs. $1,480,296 in 2009 and $1,580,851 in 2008).

"While first-time buyers dominated housing markets during the first half of 2009, move-up buyers ruled during January to June of 2010," says Michael Polzler, Executive Vice President, RE/MAX Ontario-Atlantic Canada. "Rising interest rates and the introduction of the Harmonized Sales Tax (HST) in the province helped drive activity, with more than 50,000 sales reported year-to-date-a figure on par with record 2007 levels."