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Alex Prasoulis

November 2018 Toronto Real Estate Update

Saturday Dec 8th, 2018

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The Toronto Real Estate Board announced the continuation of moderate price growth in November 2018 compared to November 2017. The average selling price was up by 3.5 per cent year-over-year to $788,345.Greater Toronto Area REALTORS® reported 6,251 residential transactions through TREB's MLS® System in November 2018. This result was down by 14.7 per cent compared to November 2017. New listings were actually down more than sales on a year-over-year basis in November. This suggests... [read more]

The Toronto Real Estate Board Releases Current Toronto Condo Statistics

Friday Oct 19th, 2018

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The Toronto Real Estate Board announced that the average selling price for condominium apartments reported sold by Greater Toronto Area REALTORS® through TREB's MLS ® System in the third quarter of 2018 was up by 8.4 per cent year-over-year to $552,269.  The MLS® Home Price Index (HPI) Apartment Benchmark Price was up by 10.1 per cent year-over-year to $506,300 in September 2018. The highest average condominium apartment selling price was in the City of... [read more]

February 2018 Toronto Real Estate Board Market Update

Friday Feb 9th, 2018

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GTA REALTORS® Release January Stats February 6, 2018  The Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 4,019 residential transactions through TREB's MLS® System in January 2018. This result was down by 22 per cent compared to a record 5,155 sales reported in January 2017. The number of new listings entered into TREB's MLS® System amounted to 8,585 – a 17.4 per cent increase compared to 7,314 new listings entered... [read more]

The Toronto Real Estate Board Releases its Ecomonic Impact Report and Annual Review and Outlook for 2018

Friday Feb 2nd, 2018

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Economic Impact “On average, each residential transaction reported through TREB’s MLS® System in the GTA generates $68,275 in spin-off expenditures, according to recent analysis conducted by Altus Group. The real estate industry is a key contributor to our economy, with total annual spin-off expenditures close to $7 billion.  From the economic impact of TREB MLS® System transactions, to government revenues associated with residential sales, to the impact of the new... [read more]

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