Mortgage News

Toronto home sales up 18.9 per cent in May from last year, TREB says

The Toronto Real Estate Board says there were 77,426 residential transactions recorded through its multiple listing service (mls) system last year, down 16.1 per cent from 92,263 sales in. to.

Toronto home sales up 18.9% in May from last year, TREB report says The Toronto Real Estate Board says the market is shifting to favour sellers as the number of home sales jumped in May and the.

Toronto’s housing market could be shifting to favour sellers as home sales growth outpaces listings growth, the Toronto Real Estate Board said Wednesday. There were 9,989 sales in May, up 18.9 per cent from the 15-year low for the month hit last year, while listings grew by only 0.8 per cent to 19,386.

TORONTO – Prospective buyers are still hesitating to wade into the Greater Toronto Area housing market, pushing May home sales in the region down by 22.2 per cent compared with the same month last year, said the Toronto Real Estate Board (TREB).

Fixed-rate home loan falls below 1% Advantages of a 15-Year fixed-rate home loan. The big advantage of a 30-year home loan over a 15-year loan is a lower monthly payment. However, for those who can afford the slightly higher payment associated with a 15-year mortgage are getting a better deal in almost every possible way.

Toronto mid-July 2017 Statistics from TREB . This is the recent report from TREB: "TREB MID-MONTH STATISTICS July 20, 2017 – Greater Toronto Area REALTORS reported 2,670 residential transactions through TREB’s MLS System during the first 14 days of July 2017. This result was down 39.3 per cent compared to the same period in 2016.

TREB releases May market figures as reported by GTA REALTORS. a substantial increase of 18.9 per cent over the 15-year low in May 2018, test and the fact that listings continue to be constrained relative to sales,” said Mr. Bhaura.

 · TORONTO – The Toronto Real Estate Board says the market is shifting to favour sellers as the number of home sales jumped in May and the number of listings barely budged. It says there were 9,989 sales in May, up 18.9 per cent from the 15-year low for the month hit last year, while listings grew by only 0.8 per cent to 19,386.

The average prices and the number of sales, once again, both were very strong last month. Year over Year Summary Table (to date) This is the report for latest month in real estate sales from the Toronto real estate board and indicates a ‘normal’ amount of activity and price levels.

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 · And according to a recent Zoocasa blog post, a total of 9,989 homes traded hands – this number is up by 18.9 per cent from the same time period last year. Although, according to a recent Toronto Real Estate Board ( TREB ) report, this number is still relatively low.