Toronto Loft Conversions

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

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

Unique Toronto Homes

More than just lofts, I 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

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

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.

 

Tag Archives: existing home

Toronto Real Estate Prices Rise While Volume Slows

Greater Toronto Area Realtors reported 2,961 sales through the Toronto MLS system during the first 14 days of October 2012. The number of transactions was down by 10.5% compared to the same period in 2011. New listings were up by 5.5% year-over-year to 6,505.

“Some households have put their home purchase plans on hold in response to the higher cost of home ownership brought about by the recent changes to mortgage lending guidelines. Both first-time buyers and existing home owners have been affected, given that sales were down across house types and geography,” said Toronto Real Estate Board (TREB) President Ann Hannah.

The average selling price for sales reported from October 1 through October 14 was $501,146 – up by almost 6% in comparison to last year.

“The average selling price grew well above the rate of inflation in the first half of October due to relatively tight market conditions from a historic perspective. However, the market continued to become better supplied, pointing toward a slower pace of price growth as we move into 2013,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

Summary of Toronto real estate sales October 1-14, 2012

City of Toronto (“416”)
2012 Sales: 1,157 | Avg. Price: $537,296 | New Listings: 2,782
2011 Sales: 1,345 | Avg. Price: $523,731 | New Listings: 2,508

Rest of GTA (“905”)
2012 Sales: 1,804 | Avg. Price: $477,961 | New Listings: 3,723
2011 Sales: 1,965 | Avg. Price: $439,766 | New Listings: 3,659

All of GTA
2012 Sales: 2,961 | Avg. Price: $501,146 | New Listings: 6,505
2011 Sales: 3,310 | Avg. Price: $473,884 | New Listings: 6,167

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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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