Blog Elements • The TanTeam Real Estate Group

Half Sized Blog Element (Single Author Style)

Half Sized Blog Element (Multi Author Style)

Tan•gazine August – September 2014 Vol 3 Issue 11

August 23, 2014/0 Comments/in Market News, Tan•gazine/by TanTeam Editorial

August 2014 GTA REALTORS® Release Mid-Month Resale Housing Figures

August 19, 2014/0 Comments/in Market News/by TanTeam Editorial

TORONTO, August 18, 2014 — Toronto Real Estate Board President Paul Etherington announced mid-month figures for August 2014 that point to continued strength in the GTA housing market. There were 3,504 sales reported through the TorontoMLS system during the first 14 days of August. This result was up by 7.6 per cent compared to the […]

Tan•gazine August – September 2014 Vol 3 Issue 11

August 23, 2014/0 Comments/in Market News, Tan•gazine/by TanTeam Editorial

August 2014 GTA REALTORS® Release Mid-Month Resale Housing Figures

August 19, 2014/0 Comments/in Market News/by TanTeam Editorial

“Sales were up strongly for all major home types across the GTA through the first two weeks of August. This means that many different types of buyers were active in the marketplace, including first-time buyers purchasing newly listed condominium apartments and existing homeowners changing their housing situation to meet their current needs,” said Mr. Etherington.

Tight market conditions, especially for detached and semi-detached houses, drove strong price growth in the first half of August. The overall average selling price was up by 9.4 per cent year-over-year to $538,530. The strongest price growth was experienced in the detached market segment, with the average detached price up by 12.3 per cent year-over-year.

“During the first 14 days of August, the number of home sales grew at a faster pace year-over-year compared to the number of homes listed for sale. This means that competition between buyers increased relative to the same period last year, which explains the continuation of very strong average price growth in the GTA,” said Jason Mercer, TREB’s Director of Market Analysis.

Source: Toronto Real Estate Board

Half Sized Blog Element (Single Author Style)

Half Sized Blog Element (Multi Author Style)

Tan•gazine August – September 2014 Vol 3 Issue 11

August 2014 GTA REALTORS® Release Mid-Month Resale Housing Figures

Tan•gazine August – September 2014 Vol 3 Issue 11

August 2014 GTA REALTORS® Release Mid-Month Resale Housing Figures

Full Sized Blog Element (Big Preview Pic)

Tan•gazine August – September 2014 Vol 3 Issue 11

August 2014 GTA REALTORS® Release Mid-Month Resale Housing Figures

Office Locations

TanTeam News

EHS

TanTeam Listings

Contact and Business Hours