Toronto Loft Conversions

I know classic brick and beam lofts! From warehouses to factories to churches, Laurin will help you find your perfect new loft.

Modern Toronto Lofts

Not just converted lofts, I can help you find the latest cool and modern space. There are tons of new urban spaces across the city.

Unique Toronto Homes

Not just lofts, we can also help you find that perfect house. From the latest architectural marvel to a piece of our Victorian past, the best and most creative spaces abound.

Condos in Toronto

I started off selling mainly condos, helping first time buyers get a foothold in the Toronto real estate market. Now working with investors and helping empty nesters find that perfect luxury suite.

Toronto Real Estate

For all of your Toronto real estate needs, contact Laurin. I am dedicated to helping you find that perfect and unique new home to call your own.

 

Mid March Madness

GTA Real­tors Report Mid-Month Resale Hous­ing Mar­ket Figures

Dur­ing the first 14 days of March, Greater Toronto Real­tors reported 4,215 trans­ac­tions through the Toronto MLS sys­tem, rep­re­sent­ing a 7% increase com­pared to the same period in 2011. The num­ber of new list­ings was down by 2% year-over-year to 6,970.

Home buy­ers con­tinue to ben­e­fit from the afford­able hous­ing sit­u­a­tion in the GTA. Immi­gra­tion to Toronto and sur­round­ing areas adds to the pool of home buy­ers every year. The eco­nomic and eth­nic diver­sity found in the GTA con­sis­tently attracts new­com­ers and for­eign invest­ment,” said Toronto Real Estate Board (TREB) Pres­i­dent Richard Silver.

The aver­age sell­ing price for trans­ac­tions between March 1 and 14 was $502,155 – up by more than 9% com­pared to the first 14 days of March 2011. On aver­age, homes sold for 100% of the ask­ing price within three weeks.

Strong com­pe­ti­tion between home buy­ers in many parts of the GTA has resulted in sell­ers real­iz­ing their ask­ing price in a short period of time. The fact that homes are sell­ing for 100% of the ask­ing price, on aver­age, sug­gests that sell­ers are very much in tune with the cur­rent mar­ket sit­u­a­tion and know the fair mar­ket value of their home,” said Jason Mer­cer, TREB’s Senior Man­ager of Mar­ket Analysis.

Sum­mary of Toronto MLS Sales and Aver­age Price

City of Toronto (416)
2012 Sales: 1,645 | Aver­age Price: $553,536
2011 Sales: 1,556 | Aver­age Price: $512,798

Rest of GTA (905)
2012 Sales: 2,570 | Aver­age Price: $469,267
2011 Sales: 2,371 | Aver­age Price: $424,696

All of the GTA
2012 Sales: 4,215 | Aver­age Price: $502,155
2011 Sales: 3,927 | Aver­age Price: $459,605

Toronto MLS Sales & Aver­age Price By Home Type

Detached
416 – $841,235
905 – $559,954
All – $637,487

Semi-Detached
416 – $552,728
905 – $386,243
All – $450,828

Town­house
416 – $418,268
905 – $352,764
All – $370,261

Condo Apart­ment
416 – $360,900
905 – $275,140
All – $336,397

Greater Toronto Real­tors are pas­sion­ate about their work. They are gov­erned by a strict Code of Ethics and share a state-of-the-art Mul­ti­ple List­ing Ser­vice. Over 34,000 TREB Mem­bers serve con­sumers in the Greater Toronto Area. The Toronto Real Estate Board is Canada’s largest real estate board.

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Con­tact Lau­rin Jef­frey for more infor­ma­tion – 416−388−1960

Lau­rin Jef­frey is a Toronto Real­tor with Cen­tury 21 Regal Realty. He did not
write these arti­cles, he just repro­duces them here for peo­ple who are
inter­ested in Toronto real estate. He does not work for any builders.

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