By: Marius Mitrofan

Market Update JULY 2016

Tags: Market Update JULY 2016

July 2016 Dear Friend, As of the end of June, Toronto Real Estate Board members sold 60,293 listings, another record month. On average 54% of all the sales in a given year are done in the first 6 months, and that means that another 51,000 homes will be sold by December 31st.  Historically May is the busiest month of the year (10.77% of the annual sales) and it’s true again...Read More

By: Marius Mitrofan

2016, January - June - Top Sold Properties!

Tags: 2016, January - June - Top Sold Properties!

...Read More

By: Marius Mitrofan

Market Update May 2016

Tags: Market Update May 2016

May 2016   Dear Friend,   The Toronto real market continued its torrid pace with the sale of 12,085 homes in April, the best April in the 100 plus year history of the Board, and up 7.4% over April 2015.    While the average price in all of the Toronto Real Estate Board marketing areas for all types of residences now stands at $697,679, the price breakdown for local ...Read More

By: Marius Mitrofan

Lifetime Achievement Award 2016

Tags: Lifetime Achievement Award 2016

Marius Mitrofan recently received the Lifetime Achievement award yesterday at the RE/MAX R4 Special Awards Luncheon in Las Vegas. ...Read More

By: Marius Mitrofan

Market Update February 2016

Tags: Market Update February 2016

February 2016. Dear Friend, The weather in December and January was not the only thing that was unseasonably warm! The Toronto real estate market continued its hot pace with the sale of 4,672 residential transactions in January, up 8.2 % over January of 2015. The average price in January was $631,092, up 14.1% over January 2015’s average price of $552,925. This upward trend will con...Read More

By: Marius Mitrofan

Market Update January 2016

Tags: Market Update January 2016

Dear Friend, Toronto Real Estate Board members sold 4,945 homes in December, bringing the 2015 calendar year total to 101,299. This 9.2 % increase over 2014’s 92,782 sales, marked 2015 as the best year in the history of the Board. The average selling price for 2015 as a whole was $622,217 – up 9.8 % compared to $566,624 in 2014. City of Toronto Average price...Read More