Durham Region REALTORS(R) reported 1,309 sales through the Toronto Real Estate Board MLS(R) System in May 2017. This number was 9.4% lower than May 2016. Greater Toronto Area REALTORS® reported 10,196 sales through the MLS® System in May 2017 – down by 20.3% compared to 12,790 sales reported in May of last year. May saw the number of new listings in Durham Region increase to 3,271, up from 2,433 new listings the previous month, and 82.7% higher than the 1,790 new listings in May 2016. In the GTA, active listings were up by 42.9% compared to the lowest ...
May Market Watch 2017
June 9, 2017
Real Estate Market Report on April 2017
May 5, 2017
Durham Region REALTORS(R) entered 51.8% more listings into the Toronto Real Estate Board’s MLS system during April 2017 compared with April of last year, with a total of 2,433 new listings. The broader Greater Toronto Area also saw a jump in new listings as REALTORS(R) entered 33.6% more new listings year-over-year. Durham Region home sales rose somewhat to 1,485 last month, amounting to a 12.3% year-over-year increase from April 2016. On the other hand, the figure fell slightly for the total sales for the TREB market area. GTA sales were 11,630 – down 3.2% year-over-year. One factor ...
March 2017 Sizzling spring market
April 7, 2017
Durham Region Realtors(R) reported 1,349 sales during March 2017. This was 15.7% higher than March of last year. For the broader Greater Toronto Area, REALTORS® reported 12,077 residential sales through the Toronto Real Estate Board MLS® System in March 2017 - an increase of 17.7% compared to March 2016. In the Durham Region, the number of new listings coming on the real estate market in March 2017 rose by 22.1% from last March, and outpaced the increase in sales. For the GTA, new listings increased 15.2% on a year-over-year basis, with the strongest growth in the detached market ...
Durham Region Housing Market in February 2017
March 13, 2017
Durham Region Realtors(R) reported 833 sales during February 2017. This was 1.4% lower than February 2016, though since 2016 was a leap year the number of sales per day was still up this year compared to last. For the broader Greater Toronto Area, REALTORS® reported 8,014 residential sales through Toronto Real Estate Board MLS® System in February 2017. This result was up on a year-over-year basis by 5.7 per cent compared to 7,583 sales reported last year. While the demand for homeownership grew over the past year, new listings entered into TREB's MLS® System in February were down ...
Durham housing market in January 2017
February 6, 2017
The first month of 2017 has continued the trend of last year, with growth in the number of sales and the average home sale price. In the Durham Region the number of homes sold through Toronto Real Estate Board's MLS System was 595, an increase of 17.1% from January of 2016. For the Greater Toronto Area, REALTORS® reported 5,188 residential sales in January 2017 which was up by 11.8% compared to the sales reported in January last year. At the end of last month the number of active listings on TREB's MLS System for the Durham Region (351) was a ...
Durham Region Sellers Market Persists in November
December 5, 2016
The real estate market hasn't slowed down much in November! Realtors(R) reported 919 Durham Region home sales through the Toronto Real Estate Board MLS(R) System in November 2016. This was 15% more than November of last year. For the broader Greater Toronto Area, there were 8,547 home sales reported, which was a 16.5% increase compared to November 2015. The average selling price in November 2016 was $574,694. This followed the trend of price growth year-over-year in 2016, with an increase of 26.1% from November 2015. For the entire GTA the MLS® Home Price Index (HPI) Composite Benchmark was up by ...