Posted by: torontocondo | February 5, 2016

Toronto Condo And Toronto Home Average Price January

Emerald Park Condos For Sale

Emerald Park Condos For Sale

Toronto Home And Condo  Sales, Average Price January Results

There were 897 Toronto Condos sold, with an average price of $416,104 for these Toronto Condominiums, many in the downtown area.

  • Toronto Detached Homes sales increased 11.2%, the average price increased 11.6% to $1,061,789.
  • Toronto Semi-Detached Homes sales down -3.2%, the average price increase $713,972 up 7.3%.
  • Toronto Townhomes sales up 14.7%, the average price up 1.3% to $519,732.
  • Toronto Condo apartments sales up 11.6% , the average price $416,104, up 8.6%

Toronto home-buyers are competing for even fewer Detached Homes for sale resulting in rising average Home prices.

The average price for a Toronto Detached Home in January, was $1,061,789 up 11.6% from a year ago.

Iris Li is a Toronto Condos Realtor specializing in both new and resale  Toronto Yorkville Condos For Sale and Toronto Homes for sale.

Pictured Above: Emerald Park Condos for sale/rent.

Related Toronto Condo Blog Posts:

Toronto Downtown Condos Average Price January 2016

Posted by: torontocondo | February 1, 2016

Toronto King West Condos Very Popular 2016

King West Condos For Sale Toronto

King West Condos For Sale Toronto

Showing a client some of these demand Toronto Condos in the King Street West area. In fact one of these Condos had three offers registered on the Saturday with final offers to be presented the following Tuesday.

The Toronto Real Estate Market is Hot!! Both for Toronto Condos and for single detached Toronto Homes.

We made appointments for several Home listings a week in advance and had to cancel showing because they were all sold or had many offers already!

It appears the 2016 Toronto Real Estate Market is starting the New Year just where it left off in 2015!

Iris Li is a Toronto Condos Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: King Street West Condos Toronto For Sale

Related:

Toronto Downtown Condos Average Price November 2015

 

 

Posted by: torontocondo | January 19, 2016

Record Toronto Home Sales In 2016-Real Estate Board

Emerald Park Condos For Sale

Emerald Park Condos For Sale

The Toronto Real Estate Board (TREB) is forecasting record Home sales and record Home prices in 2016.

TREB estimates that Toronto Realtors will sell between 95,500 and 105,000 residential Homes this year, close to the record high of 101,229 Home transactions in 2015.

The average Toronto Home selling price is expected to be between $655,000 and $665,000 in 2016.

The sales and average Toronto Home prices will be a result of low borrowing cost continuing and most important more available Home listings.

Iris Li is a Toronto Condos Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: Emerald Park Condos for sale/rent.

Related:

Toronto Downtown Condos Average Price November 2015

Posted by: torontocondo | January 12, 2016

Sales Of Toronto Homes And Condos Over $4 Million Lead The Country

Condos Yonge Bloor Toronto

Condos Yonge Bloor Toronto

Canadian Real Estate became very popular with the weakening  Canadian dollar making expensive Home and Condos most attractive.

Early this year it was said $3 million for a desirable home was the new $1 million but now it seems the average price has jumped again.

Vancouver and Toronto Homes and Condos are leading the country. In 2014 luxury sales increased 38 per cent over 2012 and now sales increased 48 pert cent over 2014.

Buyers both domestic and foreign are find value in Canada’s Real Estate.Vancouver Homes priced over $4 million increased in sales by 67 per cent and Toronto Homes increased in sales by 71 per cent in the same price range.

Are foreigners buying second homes that were once out of reach with a stronger dollar?

Who knows..

Iris Li is a Toronto Condos Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: Yonge And Bloor Condos For Sale/Rent.

http://www.BuySellTorontoRealEstate.com

Related:

Toronto And Vancouver Red Hot Markets

 

Posted by: torontocondo | December 12, 2015

Toronto Home Sales Break October Record

Emerald Park Condos Sale/Rent

Emerald Park Condos Sale/Rent

 

It was a record-breaking month for Toronto Home and Condo sales for October.

The Toronto Real Estate Board reported 8,804 Homes sold in Toronto and area, more than any October on record.

Annual Toronto Home sales are up 10.3 per cent compared to this time last year.

The total number of Toronto Home sales for 2015 is on track to break the previous record set in 2007.

Iris Li is a Toronto Condos Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: Emerald Park Condos for sale/rent.

Posted by: torontocondo | November 29, 2015

Average Price Of New Toronto Detached Home $1 Million

A Toronto Home buyer with a 20 per cent down payment would need an annual income of $174,854 to pay for a mortgage however the average family income in the Toronto area  in 2013 was $107,200 according to Statistics Canada.

Development fees, land transfer fees and local and provincial taxes are adding an extra 20 per cent of the cost of new Homes in Toronto and area says the Building Industry and Land Development Association.

Now Home buyers are forced to drive away from the city were they work to qualify for a new Home resulting in a much longer commute.

Affordability and concerns about moving up in the present Toronto Real Estate market is on the minds of over 70 per cent in a recent poll conducted in August, 2015.

Toronto home-buyers are competing for even fewer Detached Homes for sale resulting in rising average Home prices.

The average price for a Toronto Detached Home in September was $1,053,871 up 10.7% from a year ago.

Iris Li is a Toronto Condos Realtor specializing in both new and resale  Toronto Yorkville Condos For Sale and Toronto Homes for sale.

 

Posted by: torontocondo | October 7, 2015

Toronto Home And Toronto Condo Sales/Average Price September 2015

Emerald Park Condos For Sale

Emerald Park Condos For Sale

Toronto Home And Condo  Sales, Average Price September Results

The City of Toronto (416 Area) reported 1,444 Condos sold in September 2015, with an average price of $418,603 for these Toronto Condominiums, many in the downtown area.

  • Toronto Detached Homes sales increased +0.0% , the average price increased 10.7% to $1,053,871.
  • Toronto Semi-Detached Homes sales up +1.9%, the average price increase $740,373 up 7.3%.
  • Toronto Townhomes sales down +2.0%, the average price up 10.8% to $527,257.
  • Toronto Condo apartments sales up 5.6% , the average price $418,603, up 5.6%

Toronto home-buyers are competing for even fewer Detached Homes for sale resulting in rising average Home prices.

The average price for a Toronto Detached Home in September was $1,053,871 up 10.7% from a year ago.

Iris Li is a Toronto Condos Realtor specializing in both new and resale  Toronto Yorkville Condos For Sale and Toronto Homes for sale.

Pictured Above: Emerald Park Condos for sale/rent.

Related Toronto Condo Blog Posts:

Toronto Downtown Condos Average Price September

Posted by: torontocondo | September 30, 2015

Toronto Home Sales/Average Price Increase Mid-September

All Toronto Home types increased in average price by 8.5 per cent in the first two weeks of September, 2015.

September results for Toronto detached Homes were 338 sales with the average price $1,08,754, a 8.5 per cent increase.

Toronto Condos average price were $406,686 an increase of 3.9 per cent year-over-year.

City Of Toronto MLS Home/Condo Sales And Average Price September 1 – 14, 2015

Toronto Detached Home 338 (Sales) $1,008,754 +8.5%
Toronto Semi-Detached 84 $669,431 -1.1%
Toronto Townhouse 134 $518,824 +11.4%
Toronto Condos 604 $406,686 +3.9%

 

Iris Li is a Remax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Posted by: torontocondo | September 13, 2015

Average Price For A New Toronto Condo $445,000 June Results

Emerald Park Condos Sale/Rent

Emerald Park Condos Sale/Rent

The average size of a new unsold Toronto Condominium in the GTA in June was 865 square feet, the average price $515 per square foot.

The average size of a new Toronto downtown Condo was 769 square feet with the average price of $625 square feet or $480,00 according to data from Urbanation Inc.

Toronto Condo investors prefer smaller Condominium units to rent out at a higher price.

Despite record Toronto Condo completions, the Condominium rental market in downtown Toronto remains strong.

Iris Li is a Remax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: Emerald Park Condos for sale/rent.

Related Toronto Condo Blog Posts:

Toronto Condos And Toronto Homes Average Price Increase August 2015

Toronto Downtown Condos Average Price Increase August 2015

Posted by: torontocondo | September 7, 2015

Toronto Home And Condo Prices/Sales August 2015

Emerald Park Condos Sale/Rent

Emerald Park Condos Sale/Rent

Toronto Home And Condo  Sales, Average Price August Results

The City of Toronto (416 Area) reported 1,475 Condos sold during August 2015, for an average price of $406,587 for these Toronto Condominiums, many in the downtown area.

  • Toronto Detached Homes sales decreased -8.5 , the average price increased 12.9% to $1,017,652.
  • Toronto Semi-Detached Homes sales down -5.7%, the average price increase $662,968 up 5.5%.
  • Toronto Townhomes sales up 1.3%, the average price up 13.2% to $524,136.
  • Toronto Condo apartments sales up 10.1% , the average price $406,587, up 9.5%

Toronto Detached Homes keep rising in average prices leaving home-buyer competing for even fewer Homes for sale as the Home prices continue to increase but sales decline.

The average price for a Toronto Detached Home in August  was $1,017,652 up 12.9% from a year ago.

Iris Li is a Remax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: Emerald Park Condos for sale/rent.

Related Toronto Condo Blog Posts:

Toronto Condos And Toronto Homes Average Price Increase August 2015

Toronto Downtown Condos Average Price Increase August 2015

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