Torontoism | Richard Silver's Downtown Real Estate Blog
| Blog Name: |
Torontoism | Richard Silver's Downtown Real Estate Blog |
| Url: |
http://www.Torontoism.com |
| Language: |
English |
| Topics: |
Real Estate, Toronto, Selling/Buying |
| Description: |
Keeping you up-to-date with market changes and community happenings in the Downtown Toronto Real Estate Market. Tips for Buying and Selling as well as questions answered and some updates on new technology in the Real Estate Market. |
| Popularity: |
33 Followers |
Toronto Real Estate Board Reports Strong Growth in October.
TORONTO, November 4, 2009 -
In October 2009, Greater Toronto REALTORS® reported 8,476 sales, up 64 per cent from October 2008. The average price for October transactions was $423,559 – up by 20 per cent compared to the same month last year.
“Strong sales growth has occurred across many property classes – from price ranges that would attract first-time buyers to luxury properties selling for over one million dollars,” said TREB President Tom Lebour. “The highest rate of sales growth in October was experienced for properties selling for over $750,000. In contrast, luxury home sales
declined at an above-average rate last year.”
Year-to-date sa
The Competition Bureau and the Canadian Real Estate Association.
A couple of weeks ago, the Government of Canada’s Competition Bureau sent a direction to the Canadian Real Estate Association that CREA remove one of the requirements of membership: Agency or Representation. The media has jumped on this as being very advantages for Sellers and Buyers in that it would allow the Consumer more options. Ken McLachlan, Broker for Re/Max Hallmark Realty Ltd. said it better than I ever could in this repost of his Bl
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