businesspress24.com - GTA REALTORS (R) Release Monthly Resale Housing Figures
 

GTA REALTORS (R) Release Monthly Resale Housing Figures

ID: 1242709

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 07/04/13 -- Greater Toronto Area REALTORS® reported 9,061 sales through the TorontoMLS system in June 2013 - down by less than one per cent compared to June 2012. Over the same period, new listings were down by a greater rate than sales, suggesting market conditions became tighter.

"The sales picture in the GTA improved markedly in the second quarter of 2013. While the number of transactions was still down compared to 2012, rates of decline were substantially improved compared to the first quarter," said Toronto Real Estate Board President Dianne Usher.

"As a growing number of homebuyers, many of whom put their purchase on hold due to stricter lending guidelines, now reactivate their search, the expectation is for renewed growth in home sales in the second half of 2013," added Ms. Usher.

The average selling price in June was up by 4.7 per cent year-over-year to $531,374. In line with the 2013 norm, June price growth was driven by the single-detached and semi-detached market segments, particularly in the City of Toronto. Over the same time period, average condominium apartment selling prices remained in line with 2012 levels.

"The short supply of low-rise home types in many parts of the GTA relative to the number of households looking to buy continued to prompt strong upward pressure on selling prices of singles and semis," said Jason Mercer, TREB's Senior Manager of Market Analysis. "We have also seen enough buyers in the better-supplied condo apartment market to provide support for selling prices at current levels."

Greater Toronto REALTORS® are passionate about their work. They are governed by a strict Code of Ethics and share a state-of-the-art Multiple Listing Service. Over 37,000 TREB Members serve consumers in the Greater Toronto Area. The Toronto Real Estate Board is Canada's largest real estate board.

Get the latest real estate news and Market Watch information including market watch summary video







Contacts:
Media Inquiries:
Toronto Real Estate Board
Mary Gallagher
Senior Manager Public Affairs
(416) 443-8158


Twitter:
Facebook:
YouTube:


Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:



Leseranfragen:



PresseKontakt / Agentur:



drucken  als PDF  an Freund senden  GTA Commercial REALTORS(R) Report Commercial Market Figures
ActiveYards(R) Launches EZFence2Go
Bereitgestellt von Benutzer: Marketwired
Datum: 04.07.2013 - 05:00 Uhr
Sprache: Deutsch
News-ID 1242709
Anzahl Zeichen: 0

contact information:
Contact person:
Town:

TORONTO, ONTARIO


Phone:

Kategorie:

Home & Garden


Anmerkungen:


Diese Pressemitteilung wurde bisher 181 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"GTA REALTORS (R) Release Monthly Resale Housing Figures
"
steht unter der journalistisch-redaktionellen Verantwortung von

Toronto Real Estate Board (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von Toronto Real Estate Board



 

Who is online

All members: 10 565
Register today: 0
Register yesterday: 2
Members online: 1
Guests online: 71


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.