Posted by: torontocondo | April 18, 2014

Toronto Home And Condo Average Price,Sales Mid-April

Toronto Home And Condo average prices increased once again as Toronto Home buyers continue their search for all Home types.

A short supply of Toronto Home listings in several of the downtown areas is resulting in higher average sale prices with more buyers chasing fewer listings.

The Toronto Real Estate Spring market started off strong with a 10.8 per cent year-over-year increase sales in the first two weeks of April with MLS sales totaling 4,541 units.

The average selling price for all Toronto Home types mid-April was $583,697 an increase of 11 per cent from a year ago.

Toronto Downtown Condos in the 416 Area increased 8.2 per cent in sales and 0.2 per cent in average price, the lowest increase for all Toronto Home types.

Now, Toronto Detached Homes jumped 19.2 per cent to an average resale price of $1,012,172 with an average sales growth of 19.4 per cent. It appears this is a first, breaking through the Million Dollar average price level.

View the latest Toronto Downtown Condo listings:

View the latest Toronto Homes For Sale listings:

Iris Li, RE/Max Toronto Realtor specializes in Toronto Downtown Condos both new and resale.

Let us help you find that new luxury Toronto Condominium, or Toronto Detached dream Home.

Iris Li
Sales Representative,
Re/Max Toronto

http://www.TorontoHomeAndCondo.com

 

 

Posted by: torontocondo | April 11, 2014

Toronto Downtown Condos Average Resale Price March Increase

All the Toronto Central Condos we watch every month increased in a positive way in March.

The biggest two Toronto downtown Condo areas of C01 and C08 were up in average price by $8,092 and $34,684 year-over-year.

Someone renting a luxury Toronto Condo in C08 at say $2,000 per month would be “down $24,000 in rent plus the capital appreciation of $34,684 for a total of $58,684 less taxes and maintenance fees for the Condo owner.

The average price for all Toronto Condos in the 416 area for march was $384,864, an increase of 6.9%.

Once again, Yonge Bloor Condos For Sale,Rent and Toronto Financial District Condos Listings continue to show strong interest for our downtown Toronto Condominium buyers.
Iris Li, RE/Max Toronto Realtor specializes in Toronto Downtown Condos both new and resale.

 

Related:

Toronto Downtown Condos Average Price March 2014

 

 

 

 

Posted by: torontocondo | March 24, 2014

Toronto Housing Bubble Fears Are Overblown-Housing Report

According to the Conference Board of Canada fears of a housing bubble are overblown in their recent report.

Affordability is the key with low mortgage rates and low-interest rates keeping home buyers still able to buy Homes.

Principal and interest rates ratios remain the same that they have been in for the last 20 years.

Mortgage rates are a big deciding factor for Canadian Home buyers, not just the asking Home price according to Economists.

Looking at six Real Estate Markets in Canada it was found there was a good balance of buyers and sellers in each market.

Mortgage rates are expected to rise in 2014 but not too quickly because Canada’s economy remains in a slow-growth mode and interest rates should stay low well into 2015.

View MLS Listings for Toronto Condos For Sale/Rent:

View MLS Listings for Toronto Homes For Sale/Rent:

Iris Li, Remax Toronto Realtor, specializes in Toronto Downtown Condos for sale,rentCall now for a scheduled showing of these and other fine Toronto Condominium properties.

Posted by: torontocondo | March 14, 2014

Toronto Home and Condo Average Price & Sales Continue Rise

Toronto Home and Condo prices remained hot as Toronto Home buyers continued their search.

In several Toronto Real Estate districts, Homes in short supply are selling quickly with multiple offers thousands of dollars over the original asking price.

The lack of new Toronto Mls Listings is resulting in more Home buyers bidding for fewer properties on the Real Estate Market.

Toronto Downtown Condos in the 416 area increased 6.0 per cent in average price to $372,628, February 2014.

Toronto Detached Homes in the 416 area increased by 15.7 per cent to an average price of  $955,314 year over year.

View the latest Toronto Downtown Condo listings:

View the latest Toronto Homes For Sale listings:

Iris Li, RE/Max Toronto Realtor specializes in Toronto Downtown Condos both new and resale.

Let us help you find that new luxury Toronto Condominium, or Toronto Detached dream Home.

Iris Li
Sales Representative,
Re/Max Toronto

http://www.TorontoHomeAndCondo.com

Posted by: torontocondo | March 4, 2014

Toronto Downtown Condos Increase In Average Price,Sales

Aura Condos

Aura Condos Toronto

The average resale price of Toronto Downtown Condos continue to increase year over year.

Even Toronto Condominium sales are showing a positive increase, surprisingly that there are so many of these Condos now appearing everywhere in Toronto.

Mid-February results from the Toronto Real Board showed Toronto Condo sales increased 15.8 per cent and the average Toronto Condo resale price was $373,576, up 5 per cent year over year.

College Park Condos continue to be very popular on our Toronto Home And Condo website.

Search below for the latest College Park Condos:

If you would like more information on Bay College Condos or to find out what is available in new and resale Toronto Condos, please contact Iris Li, Remax Toronto Realtor.

Posted by: torontocondo | March 2, 2014

Toronto Real Estate Making Us Richer-Rosedale Homes

Families that have purchased Homes in Toronto like Rosedale and Forest Hill have seen their net worth continue to grow, up 80 per cent more according to a recent Survey of Financial Security report.

Assets including Real Estate grew faster than debt increasing the net worth of Canadians by their money-making Homes.

Total family assets increased to $9.4 trillion in 2012 with the principal residence representing 33 per cent of this amount.

This same study found that 20 per cent of Canadian families own Real Estate other than their  principal residence.

It was found that families in Ontario had the largest share of net worth in Canada holding $3.1 trillion or 39 per cent of Canada’s net worth in 2012.

View Toronto Homes that have high valued residences below:

Toronto Forest Hill Homes For Sale

Toronto Rosedale Homes For Sale

Contact me today, to schedule showings for any of these Toronto Home and Condo listings, or for a Free Market Analysis or to request any additional Toronto Real Estate information.

Posted by: torontocondo | February 20, 2014

Toronto Detached Homes Average Price Increase 15.2%

According to the Toronto Real Estate Board’s mid-February report, the average price for a Toronto detached home was $942,066 in the city of Toronto.

Toronto detached homes saw sales decline -12.4 per cent but their average price increased by 15.2 per cent year-over-year.

Toronto semi-Detached homes reported sales down -23.6 per cent but again average prices increased by 9.6 per cent to $685,111.

Townhouses in Toronto recorded a 27.4 per cent increase in average price to $568,894 but their sales were down -15.0 per cent.

Even Toronto Condos recorded a 15.8 per cent increase in sales bringing the Toronto Condo average price to $373,576, up 5.0 per cent.

We continue to offer the latest Toronto Home and Condo buying information and resources that we can make available to you including Toronto Home type descriptions, locations, views and prices.

In your search for Toronto Homes and Condominiums for sale, we can offer the following Toronto MLS listings for your property type search:

Contact me to schedule showings for any of these Toronto Home and Condo listings, for a Free Market Analysis or to request any additional Toronto Real Estate information.

Posted by: torontocondo | February 16, 2014

Toronto Condos Price Trend 2014

Toronto downtown Condos continue to sell fast when they are priced right and the resale values are increasing in popular locations.

It is a good time to be a Condominium owner in downtown Toronto.

Resale Toronto Condos in a desirable location can still receive multiple bids from anxious Condominium buyers.

Toronto Condos in the 416 area sales increased 7.4 per cent and the average Toronto Condo price increased by 7.6 per cent in the 416 area for January, 2014.

Summary of Toronto MLS Sales and Average Toronto Home/Condo Price

We continue to give you a huge supply of Toronto Home and Condo MLS buying information and resources that we can make available to you including Toronto Home and Condo types, descriptions, locations, views and prices.

In your ongoing search for Toronto Homes and Condominiums for sale, we can offer the following Toronto MLS listings, updated daily for your property type search:

Toronto Condos continue to supply the Toronto Real Estate Market with 767 Toronto Condominium sales, up 7.6%. Toronto detached homes declined 4.3% in sales for an average resale price of $888,688.

View MLS Listings for Toronto Condos For Sale/Rent:

View MLS Listings for Toronto Homes For Sale/Rent:

Iris Li, Remax Toronto Realtor, specializes in Toronto Downtown Condos for sale,rentCall now for a scheduled showing of these and other fine Toronto Condominium properties.

Posted by: torontocondo | February 8, 2014

Toronto Home and Condo Prices January Increase

It was a cold beginning to 2014 but Toronto Home and Condo prices were hot as Home buyers continued their search,

In some Toronto Real Estate districts Homes were receiving multiple bids. One Central Home in Toronto that I showed my client was listed for $1,049,000 and finally sold with multiple offers at $310,000 over the asking price.

Toronto Real Estate listings are down but Home and Condo buyer continue to buy, as a result average prices increase and if a property is wanted by wealthy Home buyers multiple bidding occurs with the final sale price 10′s of thousands over the original asking price.

Toronto Downtown Condos in the 416 area increased 7.6 per cent in average price to $366,020, January 2014.

Toronto Detached Homes in the 416 area increased by 14.8 per cent to an average price of  $888,210 year over year.

View the latest Toronto Downtown Condo listings:

View the latest Toronto Homes For Sale listings:

Iris Li, RE/Max Toronto Realtor specializes in Toronto Downtown Condos both new and resale.

Let us help you find that new luxury Toronto Condominium, or Toronto Detached dream Home.

Iris Li
Re/Max

http://www.TorontoHomeAndCondo.com

Posted by: torontocondo | January 26, 2014

Toronto Condo Sales Q4-2013

A reported 4,586 Toronto Condominiums were sold through the Toronto MLS system in the fourth quarter of 2013 according to the Toronto Real Estate Board.

This was an increase of 21 per cent in Condo sales compared to the same time last year.

New listings in Q4 were down during the quarter as well as active Toronto Condo listings.

The average resale price of a Toronto Condo in the fourth quarter was $353,665, up  6.5 per cent from a year ago.

In the city of Toronto the average resale Condominium price was $381,008.

Iris Li, RE/Max Toronto Realtor specializes in Toronto Condos both new and resale.

Let us help you find that new luxury Toronto Condominium,or Toronto Detached dream Home.

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