Archive for May, 2011

Toronto Is About To Get Re-Districted!

Toronto Is About To Get Re-Districted Photo

     Take a look at the above photo.  This is how the Toronto Real Estate Board divides up the city.  Furthermore, each of these four areas (Central, North, East, and West) are divided up into districts.  For example, the Central area is divided up in Disticts C01, C02, C03… C15 (check out the photo below). 

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Toronto Real Estate Market Report: May 2011 Mid-Month Statistics

 Toronto Real Estate Market Report: May 2011 Mid-Month Statistics Photo

     Following is TREB’s market report for mid-May 2011:  Greater Toronto REALTORS® reported 4,774 sales through the TorontoMLS® during the first two weeks of May 2011. This result was two per cent lower than the May 2010 figure of 4,887.

“The strong sales reported for the first half of May reflect the positive economic outlook for the GTA. With the number of jobs increasing and earnings growing, it makes sense that households remain confident in their ability to purchase and pay for a home over the long term,” said Toronto Real Estate Board President Bill Johnston.

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Toronto Real Estate Market Report: April 2011 Statistics

 

     Following is TREB’s market report for April  2011: Greater Toronto REALTORS® reported 9,041 existing home sales through the TorontoMLS® system in April 2011.

This result was down 17 per cent compared April 2010 when sales spiked to a new record of 10,898.  While off last year’s record result, April 2011 sales were in line with the average April sales level reported over the previous five years.

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