HOME

REAL REPORT

APRIL 2016

Toronto Real Estate Board President Mark McLean announced Greater Toronto Area REALTORS® reported a record number of home sales through TREB's MLS® System in February 2016. There were 7,621 transactions reported this past February – up 21.1 per cent compared to February 2015.

 

The number of new listings entered into TREB's MLS® System was also up on a year-over-year basis, but by a lesser 8.2 per cent. The fact that the annual rate of sales growth outstripped the annual rate of new listings growth shows a tightening of market conditions compared to last year.

 

Seller's market conditions continued throughout the GTA in February. Strong competition between buyers resulted in a healthy growth in selling prices. The MLS® Home Price Index (HPI) Composite Benchmark was up by 11.3 per cent year-overyear. The average selling price was up by 14.9 per cent annually to $685,278.

 

"Recent polling conducted for TREB by Ipsos suggested that GTA households will remain upbeat about purchasing a home in 2016. Early sales results for January and February certainly support this view. With strong sales up against a constrained supply of listings, home prices continued to trend strongly upward," said Jason Mercer, TREB's Director of Market Analysis.

 

The negotiating skills of an experienced realtor are essential in these competitive markets. Let me assist you in achieving your real estate goals.

MARKET STATS WATCH

YEAR

 

Sales

 

Avg Selling Price

 

Avg Days on Market

2016

 

7621

 

$685,278 

 

21

2015

 

6294

 

$596,320 

 

23

RECENTLY SOLD

170 Avenue Rd.

Suite 1505

$947,000

  ________  testimonial   ________

"Working with Rosanne couldn't have been easier. She is a complete pleasure to deal with, always available, and does exactly what she says she will. I can honestly say that my condo unit would still be on the market if it wasn't for her dedication and expertise." Richard Rubenstein

FEATURED

LISTING

The Coveted

Forest Hill Code Condo

$349,900 & $435,900

The Coveted Forest Hill Code Condo

6 Parkwood Avenue Suites 303 and 611

Offered for Sale at $349,900 and $435,900

Rare Opportunity To Own At Boutique 'Code Condo' In Forest Hill. Two Distinctive Open Concept, One Bedroom Suites Boasting Floor To Ceiling Glass In Principal Rooms, 9Ft Ceilings, Superb Layout And Finishes. Located In One Of Toronto's Most Affluent Enclaves.

My Toronto this Month

The Outsiders American Photography and Film Exhibit at the AGO until May 29 - Truly Amazing

Get tickets for Spirit of Hope

 

Brunch at Daisho at Momofuku and then a stop at the Milk Bar for the BEST chocolate cookies I've ever tasted.

 

• Drinks at Bar Begonia, Anthony Rose's cute new restaurant

• Pretzel Logic at Orbit Room

• Shop the new Saks downtown

• Dinner at EVOO - Three Cheese Gnocchi is yummy

• Spring dog walking at the Beach

ROSANNE AGASEE B.A

Real Estate Sales Representative

 

Personal Number: 416.993-6765

E: rosanne@rosanneagasee.com

www.rosanneagasee.com

Forest Hill Real Estate Inc., Yorkville

28A Hazelton Avenue

Toronto, Ontario M5R 2E2

Office: 416.975.5588

Fax: 416.975-8599