TREB (Toronto Real Estate Board) Average Single Family Historical Home Prices and trends for Toronto and Etobicoke

Graph of TREB Prices

Over 8,000 Sales Make for a Solid April

Wednesday, May 3, 2006 -- Toronto Real Estate Board Members reported a solid 8,361 sales in April, TREB President John Meehan reported today. "April's result was the third best performance ever recorded for the month, and year-to-date sales, at 28,020, are up five per cent over January-to-April of 2005."

Meanwhile, prices trended upward in April, with the average rising four per cent over March to $366,683. It was also up seven per cent over the $342,032 recorded in April of 2005. "A price jump like this is good news for home-owners. However, potential purchasers can take comfort from the fact that, with listings up four per cent over last April 25,245), further increases should be quite limited for the remainder of the year."

Below is a Graph showing TREB Historical Average Price Data

• The graph below shows a graph of sales price data obtained directly from the Toronto Real Estate Board showing the average selling price of single family homes from 1985 to date in our GTA marketplace.
• Note the historical trends for spring and fall price increases, where spring typically has a larger increase compared to the fall.
• The benchmark for changes in price is chosen to be the average price of homes at the last height of the market, which was $273,698 in 1989.
• If you want the actual values of prices for every month going back to January 1995, I have them, and would be pleased to E-mail them to you upon request.
• See the Average Price Cycles from January 1995 to Date - a very interesting cyclical pattern is clearly seen!
• You may also see the average mortgage interest rates back to 1979
• Send Kathy a request for the actual prices of homes since 1995 or you can call Kathy now at 416-236-1241
• Open the graph below in a new separate window

See the Average Price Cycles from January 1995 to Date - a very interesting cyclical pattern is clearly seen!

See how the historical 1 year mortgage interest rate compares to the 5 year rate

Average Price report for 2005

Average Price report for 2004

Breaking down the total Numbers into TREB Areas for this month

• 3,189 sales were reported in TREB’s 28 West districts and averaged $340,900
• 1,442 sales were reported in the 14 Central districts and averaged $499,194
• 1,701 sales were reported in the 23 North districts and averaged $393,841
• 2,029; sales were reported in TREB’s 21 East districts and averaged $290,262

March Sales figures:

• 3,281 sales were reported in TREB’s 28 West districts and averaged $334,274
• 1,558 sales were reported in the 14 Central districts and averaged $458,623
• 1,710 sales were reported in the 23 North districts and averaged $381,774
• 2,158; sales were reported in TREB’s 21 East districts and averaged $282,954

February 2006 figures were:

• 2,524 sales were reported in TREB’s 28 West districts and averaged $333,969
• 1,219 sales were reported in the 14 Central districts and averaged $465,484
• 1,344 sales were reported in the 23 North districts and averaged $377,795
• 1,669; sales were reported in TREB’s 21 East districts and averaged $283,414
  
  January 2006 Sales Figures
• 1,796 sales were reported in TREB’s 28 West districts and averaged $315,108
• 773 sales were reported in the 14 Central districts and averaged $424,503
• 910 sales were reported in the 23 North districts and averaged $370,237
• 1,108 sales were reported in TREB’s 21 East districts and averaged $266,285.
  
  
  December 2005 Sales Figures
• 1,661 sales were reported in TREB’s 28 West districts and averaged $304,348
• 776 sales were reported in the 14 Central districts and averaged $407,473
• 806 sales were reported in the 23 North districts and averaged $365,210
• 1,012 sales were reported in TREB’s 21 East districts and averaged $272,949.

See last year's sales figures

Rental Market indicators in the GTA

This chart shows the breakdown of single family residential sales for last month.

Housing Market Indicators
	This month	This month	% Change
Sales*	8,084	7,329	(-9%)	less sales
New Listings*	12,059	12,012	( -- )	equal listings
Active Listings*	20,063	22,368	(+11%)	more listings all = softer market and prices

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This is a graphical representation showing the percentage of homes that sold in each price range.

 

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Etobicoke MLS Real Estate Properties & MLS.CA Homes for Sale  All Pages including SiteMap, Add URL, Etobicoke Real Estate Blog and Guestbook, kathy@etobicokehomes4sale.com Copyright © at Etobicoke, Ontario, Canada M9A 3T7 (416) 236-1241  First created - Tuesday, June 6th, 2006, 2006 at 6:06:41 PM -
Last Update of this website: Tuesday, November 11, 2008 9:36 AM
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