2011 A Look Back - December 2011 Market Update- 2012 What Lies Ahead
THE YEAR IN REVIEW
Greater Toronto REALTORS® reported 4,718 transactions through the Toronto MLS® system in December 2011 bringing the total number of sales to 89,347 for the year.
The average selling price in December was $451,436 – up four per cent compared to December 2010.
For all of 2011, the average selling price was $465,412, an increase of eight per cent in comparison to the average of $431,276 in 2010.
Months of inventory remained below the pre-recession norm in 2011. Very tight market conditions meant substantial competition between Buyers and strong upward pressure on selling prices,” Jason Mercer, TREB’s Senior Manager of Market Analysis.
2011 A Look Back
THE YEAR IN REVIEW
in graph format
“Months of inventory remained below the pre-recession norm in 2011. Very tight market conditions meant substantial competition between Buyers and strong upward pressure on selling prices,” Jason Mercer, TREB’s Senior Manager of Market Analysis.
DECEMBER GTA MARKET UPDATES
The Average Selling Price For Homes Across The GTA ..... Up 4% Percent To $451,436 From December 2010
View All Historical Charts Here
How Are The Current Short Term Trends
These can be viewed by clicking on the buttons below
for the trend you wish to check
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These buttons represent year over year figures for the current month
to view actual monthly and year/year trends click the button
2012 What Lies Ahead
“TREB’s baseline forecast for 2012 is for an average price of $485,000, representing a more moderate four per cent annual rate of price growth. This baseline view is subject to a heightened degree of risk given the uncertain global economic outlook,”
Jason Mercer, TREB’s Senior Manager of Market Analysis
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Kathy Clulow Sales Representative RE/MAX All-Stars Realty Inc.. Brokerage 905.852.6143
Each office independently owned and operated Not intended to solicit clients already under contract
Kathy, great information. We were just gathering our 2011 review for Arizona, really like your layout. Good luck in 2012.
Kathy,
Excellent graphical presentation. I wish I knew how to do that myself.
Brian
Ed and Tracy - thank you
Brian - the basic Treb Housing Market Charts are courtesy TREB ..... the slide presentaion that the links take you to Barrie does with photoshop and then uploads them to my web site ..... The buttons he also made using photoshop