Recent Blog Posts by CENTURY 21 Millennium Inc.

TORONTO REAL ESTATE BOARD'S JUNE 2011 RELEASE OF MARKET WATCH

GTA REALTORS® Report June Resale Housing Market Figures July 6, 2011 -- Greater Toronto REALTORS® reported 10,230 home sales through the TorontoMLS® system in June 2011 – up 21 per cent compared to June 2010. This number represented the third best June result on record behind 2007 and 2009. The number of transactions during the first six months of 2011 amounted to 48,189 – ...

ONTARIO REAL ESTATE ASSOCIATION'S HST UPDATE

The Ontario Real Estate Association (OREA) has sent out a press release that includes video link that updates information for potential buyers regarding the HST and Ontario housing market . Click here to view the press release.

TORONTO REAL ESTATE BOARD'S JANUARY 2011 RELEASE OF MARKET MATCH

GTA REALTORS® Report Monthly Resale Housing Figures February 4, 2011 -- Greater Toronto REALTORS® reported 4,337 transactions through the TorontoMLS® system in January 2011. This result was 13 per cent lower than the record result reported in January 2010. See details. Click here for complete Market Watch

TORONTO REAL ESTATE BOARD'S DECEMBER 2010 RELEASE OF MARKET WATCH

GTA REALTORS® Report Monthly Resale Housing Figures January 6, 2011 -- Greater Toronto REALTORS® reported 4,395 existing home sales for the month of December, bringing the 2010 total to 86,170 – down by one per cent compared to 2009. See details. Click here for complete Market Watch

TORONTO REAL ESTATE BOARD'S NOVEMBER 2010 RELEASE OF MARKET WATCH

GTA REALTORS® Report Monthly Resale Housing Figures December 3, 2010 -- Greater Toronto REALTORS reported 6,510 existing home sales in November – down 13 per cent from 7,446 sales in November 2009. New listings were also down 13 per cent annually to 8,642. See details. Click here for complete Market Watch

TORONTO REAL ESTATE BOARD'S JULY 2010 RELEASE OF MARKET WATCH

GTA REALTORS® Report Monthly Resale Housing Figures August 5, 2010 -- Greater Toronto REALTORS® reported 6,564 sales in July – a 34 per cent dip from the record 9,967 sales reported in July 2009. New listings, at 10,825, dropped to the lowest level for the month of July since 2002. See details. Click here for complete Market Watch. pdf

TORONTO REAL ESTATE BOARD'S APRIL 2010 RELEASE OF MARKET WATCH

  May 5, 2010 --Greater Toronto REALTORS® reported 10,898 sales through the Multiple Listing Service® (MLS®) in April, representing a 34 per cent increase compared to April 2009. See details (pdf).   Click here for complete Market Watch

CREA forecasts national activity will reach record level in 2010

Resale housing forecast extended to 2011 OTTAWA – February 8, 2010 – The Canadian Real Estate Association has revised its forecast for home sales via the MLS® Systems of Canadian real estate boards in 2010, and extended the forecast to 2011. Please see here for full article

TORONTO REAL ESTATE BOARD'S JANUARY 2010 RELEASE OF MARKET WATCH

Sales Start Off Strong in 2010 February 3, 2010 -- Greater Toronto REALTORS® reported 4,986 transactions through the Multiple Listing Service (MLS®) in January 2010. This result represented a large increase over the 2,670 sales in January 2009 when the home sales were in a recessionary trough. See details. Click here for complete Market Watch. pdf

Steady flow of newcomers buoys demand for sales

December 18, 2009 -- While low interest rates have enhanced affordability, they are only one factor contributing to the market’s strength. The steady stream of newcomers to the Greater Toronto Area, all of whom have housing needs, are another important factor says Tom Lebour the President of the Toronto Real Estate Board in his column in the Toronto Star. Please click here for full article ...

TORONTO REAL ESTATE BOARD'S NOVEMBER 2009 RELEASE OF MARKET WATCH

GTA Home Sales Remain Strong in November December 3, 2009 -- Greater Toronto REALTORS® reported 7,446 sales in November – slightly more than double the November 2008 result when GTA home sales had dipped markedly due to the economic downturn. Year-to-date sales were up 14 per cent compared to the first 11 months of 2008. See details. Click here for complete Market Watch. pdf

News Release from CREA in regards to MLS® activity for November...

OTTAWA – December 15th, 2009 –According to statistics released by The Canadian Real Estate Association, existing home sales activity remained upbeat in November 2009. The current strength of housing demand stands in sharp contrast to weak activity recorded one year ago. Please click here to view full article      

The Canadian Real Estate Association Revised Home Sales Forecast For 2009 and 2010

Monthly MLS® home sales activity continues to run strong, with new monthly records set in July, September, and October.  This has prompted The Canadian Real Estate Association to revise its MLS® home sales forecast for 2009 and 2010. For full story click here...... 

October a record breaking month for MLS® resale housing market

According to The Canadian Real Estate Association, sales activity reached the highest level ever for the month of October. Residential sales activity via the Multiple Listing Service® (MLS®) of Canadian real estate boards numbered 42,288 units. This is up 41.5 per cent compared to October 2008, when news of the global financial crisis hammered consumer confidence. New records for the month ...

Canada Mortgage and Housing Corporation’s (CMHC) - Housing Activity to Strengthen in 2010

Housing starts have started to recover and are expected to continue to improve in the second half of 2009 also demand for existing homes has rebounded since the beginning of the year. In addition, lower inventory levels characterize both the new and existing home markets which should result in stronger 2010 activity. Please click here for full story 

TORONTO REAL ESTATE BOARD'S SEPTEMBER 2009 RELEASE OF MARKET WATCH

GTA Housing Market Rebound Continues in September October 5, 2009 -- In September 2009, Greater Toronto REALTORS® reported 8,196 sales, up 28 per cent from September 2008. The average price for September transactions was $406,877 – up by 10 per cent compared to the same month last year. See details. Click here for complete Market Watch

TORONTO REAL ESTATE BOARD'S AUGUST 2009 RELEASE OF MARKET WATCH

GTA REALTORS® Report August Resale Market Figures September 2, 2009 -- In August 2009, Greater Toronto REALTORS® reported 8,035 sales, up 27% per cent from August 2008. The average price for August transactions was $387,921 – up by six per cent compared to the same month last year. See details. Click here for complete Market Watch. pdf

TORONTO REAL ESTATE BOARD'S JULY 2009 RELEASE OF MARKET WATCH

GTA REALTORS® report resale record in July August 6, 2009 -- In July 2009, Greater Toronto REALTORS® reported a record 9,967 sales, up 28 per cent from July 2008. The average price for July transactions was $395,414 - up by six per cent compared to the same month last year. See details. Click here for complete Market Watch. pdf

The Canadian Real Estate Association reports second quarter of 2009

The Canadian Real Estate Association (CREA) reports second quarter of 2009 - the fourth strongest quarterly sales figure ever please click here for full report

TORONTO REAL ESTATE BOARD'S JUNE 2009 RELEASE OF MARKET WATCH

GTA Resale Housing Market Posts Best June on Record July 6, 2009 -- In June 2009, Greater Toronto REALTORS® reported a record 10,955 sales, up 27 per cent from June 2008. The seasonally adjusted annual rate of sales in June was 100,700. See details.

GTA Resale Housing Sales Up 19 Per Cent in the First Half of June

GTA Resale Housing Sales Up 19 Per Cent in the First Half of June TORONTO, June 17, 2009 - Greater Toronto REALTORS® reported 5,185 transactions in the first half of June - an increase of 19 per cent compared to the same period last year see details.....