Blog Elements • The TanTeam Real Estate Group

Half Sized Blog Element (Single Author Style)

Half Sized Blog Element (Multi Author Style)

August 2014 GTA REALTORS® Release Monthly Resale Housing Figures

September 4, 2014/0 Comments/in Market News/by TanTeam Editorial

TORONTO, September 4, 2014 — Toronto Real Estate Board President Paul Etherington reported 7,600 sales through the TorontoMLS system in August 2014. This result was up by 2.8 per cent compared to 7,391 transactions reported in August 2013. Year-to-date sales through the end of August amounted to 65,454, which represented an increase of 6.5 per […]

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 Monthly Resale Housing Figures

September 4, 2014/0 Comments/in Market News/by TanTeam Editorial

Tan•gazine August – September 2014 Vol 3 Issue 11

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

“The last full month of summer ended on a high note. As we look toward the fall market, I expect that demand for ownership housing will remain strong. Home buyers will continue to benefit from a diversity of affordable home ownership opportunities throughout the GTA. The fact that sales were up for all major home types in August suggests that first-time buyers and existing home owners remain very active in today’s marketplace,” said Mr. Etherington.

The average selling price in August 2014 was $546,303 – up 8.9 per cent in comparison to the average of $501,677 reported in August 2013. The year-to-date average price through August was $562,504, which represented an increase of 8.5 per cent in comparison to the same period in 2013.

“The number of listings in August was down in comparison to last year, while the number of sales increased. This means that sellers’ market conditions remained in place with a lot of competition between buyers. This is why we continued to see strong price growth last month. Looking forward, if sales growth continues to outstrip listings growth, the average selling price should continue to increase on a year-over-year basis,” 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)

August 2014 GTA REALTORS® Release Monthly Resale Housing Figures

Tan•gazine August – September 2014 Vol 3 Issue 11

August 2014 GTA REALTORS® Release Monthly Resale Housing Figures

Tan•gazine August – September 2014 Vol 3 Issue 11

Full Sized Blog Element (Big Preview Pic)

August 2014 GTA REALTORS® Release Monthly Resale Housing Figures

Tan•gazine August – September 2014 Vol 3 Issue 11

Office Locations

TanTeam News

EHS

TanTeam Listings

Contact and Business Hours