Greater Toronto Area REALTORS® reported 7,834 sales through TREB’s MLS® System in May 2018. This result was down by 22.2 per cent compared to May 2017. While the number of sales was down year-over-year, the annual rate of decline was less than reported in February, March and April, when sales were down by more than 30 per cent. On a month-over-month basis, seasonally adjusted May sales were basically flat compared to April.
MAY STATS
The Toronto Real Estate Board has released April numbers and they are looking pretty good. The number of residential home sales increased by almost 17% to 9,042 compared to 7,744 in April 2018.
New inventory was also up from last year by almost 8%, however, it was significantly lower than that of actual sales. Demand is beginning to outpace supply which in turn could increase housing prices.
The first 3 months of the year were pretty flat with April numbers now beginning to show life in the market. The MLS HPI Composite benchmark was up by 3.2% – the highest rate of growth in almost a year. Selling prices are up almost 1.9% in April – the strongest it has been this year.
Here’s the catch; While the number of sales is up from last year, the average price for detached houses dipped year-over-year, specifically in regions just outside Toronto. We can thank the OSFI stress test for that as buyers have to qualify for a mortgage at 5.34% even if their posted rate says 3%.
For more information or questions as the market changes pertain to your home, feel free to call and speak to us.
To view the full report, click on the link below.
Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,792 sales through TREB’s MLS® System in April 2018. The average selling price was $804,584. On a year-over-year basis, sales were down by 32.1 per cent and the average selling price was down by 12.4 per cent…
Click link below to view April housing stats – Mississauga and Oakville:
If you’re attending Mississauga vegfest why not drop by our Garage Sale for Shelter beforehand? Saturday May 12th, 8am-12pm at 1654 Lakeshore Road W., Mississauga. 100% of proceeds go to the Shelter Foundation – shelterfoundation.ca
This spring, in beautiful Port Credit, along the banks of the Credit River, Mississauga will be hosting its inaugural Vegfest. In Port Credit Memorial Arena on Saturday, May 12th from 11 am to 6 pm.
Over 60 vendors and exhibitors will be present to display delicious vegan food, body care products, animal sanctuaries, clothing, and more.
All are welcome to come and explore the benefits of a plant-based lifestyle, and there will be many children’s activities in the KidSanctuary. Admission is free.
Vegfest is a celebration of plant-based living with delicious food, non-profit organizations, merchandise and more!
Tags: Philanthropy
On Saturday, April 7th, The Regan Team hosted its 1st annual Shred-It event at the Harding Waterfront Estate in Mississauga.
Thank you to everyone who came out to take advantage of the complimentary service!
If you would like to register for upcoming Regan Team events, please email info@reganteam.ca.
Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS report 7,228 residential transactions through TREB’s MLS System in March 2018.
Click link below to view March housing stats – Mississauga and Oakville:
The Royal LePage Shelter Foundation raises funds in support of womens shelters and violence prevention programs by holding special events like our signature fundraising event, the National Garage Sale for Shelter. This one-day, charity garage sale is held on May 12, 2018 at Royal LePage offices across Canada.
Video: https://www.youtube.com/watch?v=FdzGAo0Azp8
For more information, click below:
An afternoon of family fun as we welcome in the Spring Season!
Free inflatable rides and face painting!
Craft tables, photo booths, The Monkeys Movers Bus, 7-foot colour mural, Tiny Tots Egg Hunt for the little ones, unique vendors, and more!
Explore beautiful Port Credit with your family as you search for “The Golden Egg”!
The Easter Bunny has hidden colourful Eggs in storefront windows of Port Credit Businesses. Visit us at the Port Credit BIA booth and let us know which store has the Golden Egg for your chance to win $100 Port Credit Dollars and some other really cool prizes donated by our local businesses!
The Golden Egg Hunt is from Noon- 4:30 p.m. Click here for a list of participating businesses. Maps will also be provided at BIA Booth.
Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 5,175 residential transactions through TREB’s MLS® System in February 2018.
Click link below to view February housing stats – Mississauga and Oakville:
Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area Realtors reported 4,019 residential transactions through TREB’s MLS System in January 2018. This result was down by 22 per cent compared to a record 5,155 sales reported in January 2017.
Click link below to view January housing stats – Mississauga and Oakville:
