Monthly Archives: June 2017

Month: June 2017 Cooling Toronto housing market can be a return to normal, tell realtors

  It could be the barely disguised frustration of sellers, who listed their homes this spring expecting to attract cut-throat bids from desperate, over-extended purchasers. Instead they are seeing fewer showings and fewer offers.Toronto area home costs dipped about 7 per cent in May, 2017 compared to April, 2017 but remained about 15 per cent higher time over time averaging $863,910. Even as the market has soared, there were some month-to-month price drops-off, mentioned Jason Mercer, director of market analysis for the Toronto Real Estate Board( TREB ), which published its month-end May, 2017 statistics on Monday. December’s median home

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Month: June 2017 Toronto housing prices down slightly in May, 2017 but tight supply keeps prices up

  Toronto region home prices dipped slightly from April to May, 2017 — down $55,604 on average — but were still 15 per cent of the members higher than May 2016, as the supplying of resale house and condo listings rose 43 per cent of the members time over year. The average home cost last-place month was $863,910 — $111,810 more than last May, 2016 when the homes and condos averaged $752,100 — according to month-end statistics from the Toronto Real Estate Board (TREB). That is a 29 -per-cent gain on the board’s benchmark price index. The benchmark figure takes

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