Market Watch February 2009 by Keller Williams Referred Realty

SINGLE FAMILY RESIDENTIAL BREAKDOWN

February 2009

Greater Toronto REALTORS® Reported 4,120 Resale Housing Transactions in February TORONTO - Thursday, March 5, 2009

Toronto Real Estate Board Members reported 4,120 sales in February 2009 compared to 6,015 sales recorded in February 2008. The average home price was $361,305 last month compared to $382,048 during the same month last year.

Typically the spring real estate market tends to experience more activity and with the Canadian economy experiencing a period of low mortgage rates and strong immigration, this trend could continue. According to Statistics Canada, Canada welcomed 247,202 permanent 2.3 % 7.0 %in 1998, residents in 2008, 70,000 more than 0.3 % 21.5 % 0.1 % and well within the government’s planned range of 240,000 to 265,000 new permanent residents for 2009.

“A considerable number of transactions continued to take place in February 2009. Motivated buyers and sellers, who were aware that market conditions changed over the past few months, were able to negotiate transactions acceptable to both parties,” said Toronto Real Estate Board President Maureen O’Neill.

The 8.5 TREB President pointed out that Greater % Toronto REALTORS® are an integral part of the real estate transaction process. “TREB Members are uniquely positioned to help home 12.0 % 48.3 % buyers and sellers adapt to changing market conditions,” added Ms. O’Neill. “In addition, TREB continues to advocate public policies that do not threaten affordability but support home ownership in the GTA such as lower taxation and less regulation.”

On a month-over-month basis, sales and average price were above January levels of 2,670 and $343,632 respectively. The housing market is seasonal. Traditionally, in the first half of every year, sales and average price climb to their highest levels in late spring before trending lower from July onward. “While the economic downturn has had an impact, the GTA housing market is resting on a solid foundation. Current home prices and mortgage rates suggest that GTA homes have become more affordable on average,” according to Jason Mercer, TREB’s Senior Manager of Market Analysis. “A greater number of home buyers could take advantage of this affordability once their positioning in the economy becomes more certain.”

Median Price

Average

$312,900

from

the

$324,000

recorded during February of 2008. n

Median

100000 N/A

N/A

2000

N/A

2001

2002 2003

48.7 %

Dwelling Type

Sales

Median

Detached Single Detached 2,008 96

$370,000

Semi-Detached Semi Detached

$315,000

483

Condo Condo T.H. Townhouse

285

$247,000

Condo Apt. Apt Condo

923

$240,000

Link Link Attached/Row Att/Row/Twnhouse Co-op Co-op Apt. Apt

$305,000

326

$290,250

15 100

Detached Det CondoCondo

$175,000 $187,000

Housing Market Indicators Feb 2008 Sales New Listings Active Listings* Days on Market

Feb 2009

%Change

4,120 10,239 21,440 45

(-32%) (-11%) (+19%) (+50%)

6,015 11,478 18,018 30

2004

2005

2006

Inside District Map ............................................................. 2 Price Category Breakdown......................................2 East District ............................................................. 3 West District ............................................................ 6 Toronto District ......................................................10 North District..........................................................12 Annual Summary ...................................................16 Single Family Comparison ....................................16

200000

1999

11.7 %

The median price in February was

300000

6.9 %

* All figures for single-family dwellings.

Annual Average and Median Price

400000

1.9 % 7.9% % 0.4 0.1 %

22.4 %

2007

2008

2009

District Map

Price Category Breakdown - February 2009

Price Range Total S.F.D $90,000 26 $90,001 $100,000 6 $100,001 $110,000 16 $110,001 $120,000 18 $120,001 $130,000 24 $130,001 $140,000 22 $140,001 $150,000 39 $150,001 $160,000 59 $160,001 $170,000 65 $170,001 $180,000 70 $180,001 $190,000 77 $190,001 $200,000 78 $200,001 $225,000 238 $225,001 $250,000 358 $250,001 $300,000 795 $300,001 $400,000 1,184 $400,001 $500,000 512 $500,001 $750,000 368 $750,001 - $1,000,000 90 $1,000,001 - $1,500,000 50 $1,500,001 25 Total: 4,120 2

TORONTO REAL ESTATE BOARD

%S.F.D 0.6 0.1 0.4 0.4 0.6 0.5 0.9 1.4 1.6 1.7 1.9 1.9 5.8 8.7 19.3 28.7 12.4 8.9 2.2 1.2 0.6 100

Condo Apt. %Condo Apt. Condo T.H. %Condo T.H. 15 1.6 6 2.1 5 0.5 13 1.4 1 0.4 13 1.4 2 0.7 19 2.1 2 0.7 13 1.4 3 1.1 23 2.5 4 1.4 34 3.7 12 4.2 38 4.1 4 1.4 39 4.2 14 4.9 34 3.7 11 3.9 34 3.7 10 3.5 102 11.1 33 11.6 129 14.0 46 16.1 189 20.5 63 22.1 162 17.6 52 18.2 34 3.7 14 4.9 22 2.4 7 2.5 2 0.2 1 0.4 3 0.3 923 100 285 100

East District

Area

Active

New

Sales

E01 130 E02 124 E03 230 E04 180 E05 200 E06 132 E07 193 E08 227 E09 197 E10 105 E11 281 E12 47 E13 234 E14 352 E15 354 E16 634 E17 383 E18 24 E19 132 E20 111 E21 184 TOTAL 4,454

96 91 151 92 111 60 90 107 95 48 98 30 121 176 201 316 182 9 66 36 75 2,251

44 43 92 43 49 30 42 48 50 36 46 9 60 77 82 132 83 1 25 13 25 1,030

Area E01 E02 E03 E04 E05 E06 E07 E08 E09 E10 E11 E12 E13 E14 E15 E16 E17 E18 E19 E20 E21 TOTAL

Listed 160 172 309 182 196 136 154 238 181 105 227 62 258 372 397 659 396 19 147 93 141 4,604

Sales 74 72 149 72 77 47 77 83 97 55 80 21 96 133 149 211 141 2 41 21 37 1,735

Current Month: February 2009 $ Volume

Avg Price

Med Price

Avg DOM

Avg %List

$17,427,499 $21,677,000 $31,182,236 $11,807,750 $12,731,598 $10,719,900 $11,462,700 $13,925,830 $11,926,260 $12,209,400 $11,386,550 $2,127,000 $18,565,300 $23,594,050 $23,009,300 $26,844,280 $19,969,930 $370,000 $7,589,500 $4,500,750 $7,226,550 $300,253,383

$396,080 $504,116 $338,937 $274,599 $259,829 $357,330 $272,921 $290,121 $238,525 $339,150 $247,534 $236,333 $309,422 $306,416 $280,601 $203,366 $240,602 $370,000 $303,580 $346,212 $289,062 $291,508

$364,000 $459,500 $336,250 $276,000 $247,000 $315,250 $270,500 $283,125 $226,000 $329,750 $243,500 $224,000 $271,125 $285,000 $279,500 $191,250 $226,000 $370,000 $287,000 $313,000 $262,000 $273,325

37 27 36 44 55 45 50 43 61 46 41 29 45 41 37 43 44 123 45 75 60 44

97 97 97 95 95 95 95 96 96 96 95 98 97 97 97 96 97 93 97 96 97 96

Year-to-Date: February 2009

$ Volume $29,861,139 $34,449,200 $49,820,636 $19,421,650 $20,115,898 $16,203,900 $19,722,318 $23,100,330 $22,340,560 $18,831,200 $19,928,050 $4,795,000 $29,826,100 $38,830,850 $41,625,850 $42,413,810 $34,843,990 $600,000 $12,479,500 $6,686,750 $10,202,442 $496,099,173

Avg Price $403,529 $478,461 $334,367 $269,745 $261,245 $344,764 $256,134 $278,317 $230,315 $342,385 $249,101 $228,333 $310,689 $291,961 $279,368 $201,013 $247,121 $300,000 $304,378 $318,417 $275,742 $285,936

Med Price $377,500 $435,250 $335,000 $275,500 $250,500 $320,000 $255,000 $280,000 $221,800 $335,000 $243,500 $224,000 $267,000 $275,000 $268,000 $187,500 $227,000 $300,000 $280,000 $267,000 $262,000 $266,000

Avg DOM 36 35 35 42 54 52 53 43 55 43 42 39 45 40 43 46 43 113 48 66 63 45

Avg %List 97 97 96 96 95 95 94 95 95 96 95 97 97 97 97 96 97 93 97 96 97 96

TORONTO REAL ESTATE BOARD

East District

SINGLE FAMILY EAST BREAKDOWN - FEBRuARY 2009

East District Days on Market

Feb Mar Apr May Jun

2008

E01 E02 E03 E04 E05 E06 E07 E08 E09 E10 E11 E12 E13 E14 E15 E16 E17 E18 E19 E20 E21

32 45 125 82 58 105 58 128 65 81 104 32 126 242 238 481 261 24 114 99 183

Jul Aug Sep Oct Nov Dec Jan Feb

8 20 49 24 11 24 16 31 17 31 21 5 31 54 56 93 57 1 21 13 24

$411,650 $623,325 $374,962 $326,471 $409,500 $369,996 $347,081 $338,850 $318,821 $350,319 $315,590 $267,000 $396,182 $333,695 $307,779 $224,201 $258,852 $370,000 $315,929 $346,212 $292,148

Feb Mar Apr May Jun

Jul Aug Sep Oct Nov Dec Jan Feb

2008

2009

Detached Houses Area Act Sales Av. Price

East District Sales Active Listing Ratio

2009

Semi-Detached Houses Med. Price % S-A Av. % List Area Act Sales Av. Price Med. Price % S-A Av. % List $359,000 $600,750 $349,500 $302,500 $401,000 $325,000 $347,500 $300,000 $309,000 $334,500 $295,000 $280,000 $340,000 $322,500 $301,500 $214,000 $246,000 $370,000 $290,000 $313,000 $267,000

TORONTO REAL ESTATE BOARD

25.0 44.4 39.2 29.3 19.0 22.9 27.6 24.2 26.2 38.3 20.2 15.6 24.6 22.3 23.5 19.3 21.8 4.2 18.4 13.1 13.1

95 98 96 96 96 96 95 96 96 96 96 98 97 97 97 96 97 93 97 96 97

E01 E02 E03 E04 E05 E06 E07 E08 E09 E10 E11 E12 E13 E14 E15 E16 E17 E18 E19 E20 E21

47 36 25 7 11 16 11 6 5 2 28 2 17 29 12 57 10 1

19 10 23 5 4 2 2 1 1 1 6 3 4 3 17 3 1

$446,421 $413,450 $428,160 $248,910 $291,950 $290,000 $300,800 $286,500 $275,000 $249,000 $263,275 $275,833 $252,250 $252,000 $159,818 $180,667 $215,000

$430,000 40.4 $378,500 27.8 $405,000 92.0 $243,000 71.4 $296,400 36.4 $290,000 12.5 $300,800 18.2 $286,500 16.7 $275,000 20.0 $249,000 50.0 $258,500 21.4 $271,000 17.7 $250,000 13.8 $248,000 25.0 $158,000 29.8 $184,000 30.0 $215,000 100.0

98 97 98 93 96 96 96 96 101 98 96 97 97 98 97 98 98

East District

SINGLE FAMILY EAST BREAKDOWN - FEBRuARY 2009

Condo Apartment Area Act Sales Av. Price

Link Sales Av. Price

Med. Price % S-A Av. % List

Condo Townhouse Detached Condo Area Act Sales Av. Price Med. Price % S-A Av. % List Area Act Sales Av. Price

Med. Price % S-A Av. % List

E01 25 E02 22 E03 65 E04 62 E05 88 E06 8 E07 103 E08 61 E09 100 E10 3 E11 63 E12 4 E13 30 E14 20 E15 25 E16 23 E17 24 E18 E19 2 E20 10 E21 -

E01 E02 E03 E04 E05 E06 E07 E08 E09 E10 E11 E12 E13 E14 E15 E16 E17 E18 E19 E20 E21

1 10 3 21 34 1 10 22 23 12 40 5 37 13 29 48 18 -

7 7 18 10 23 3 12 11 28 1 8 7 1 2 6 -

3 4 1 3 5 5 2 4 7 4 12 2 6 6 3 -

$290,571 $342,071 $145,306 $150,690 $176,435 $300,667 $179,358 $170,773 $194,207 $125,000 $118,688 $214,571 $168,000 $162,450 $159,883 -

$279,300 $401,250 $173,000 $287,000 $214,800 $224,100 $226,750 $198,375 $190,000 $198,000 $192,408 $194,750 $204,667 $101,650 $181,500 -

Med. Price % S-A Av. % List Area Act $297,500 $325,000 $134,000 $147,000 $172,000 $260,000 $181,000 $155,500 $200,500 $125,000 $109,250 $195,000 $168,000 $162,450 $163,500 -

28.0 31.8 27.7 16.1 26.1 37.5 11.7 18.0 28.0 33.3 12.7 23.3 5.0 8.0 26.1 -

$276,900 300.0 $387,500 40.0 $173,000 33.3 $292,000 14.3 $210,000 14.7 $217,000 50.0 $226,750 9.1 $237,000 17.4 $195,000 17.5 $200,000 80.0 $194,500 32.4 $194,750 15.4 $203,750 20.7 $95,500 12.5 $192,000 16.7 -

98 95 96 95 94 91 95 95 95 91 93 96 96 95 95 -

94 98 97 94 93 95 94 99 96 98 96 98 97 96 94 -

E01 E02 E03 E04 E05 E06 E07 E08 E09 E10 E11 E12 E13 E14 E15 E16 E17 E18 E19 E20 E21

6 7 1 5 7 6 15 8 31 2 -

1 3 1 -

2 4 1 2 3 4 7 -

1 1 -

$352,900 $295,000 $296,000 $252,500 $226,500 $192,375 $220,641 -

$182,000 $187,000 -

$352,900 $292,500 $296,000 $252,500 $225,500 $198,750 $225,000 -

$182,000 $187,000 -

33.3 57.1 33.3 20.0 50.0 22.6 -

33.3 -

98 92 93 97 97 97 98 -

97 98 -

TORONTO REAL ESTATE BOARD

East District

SINGLE FAMILY EAST BREAKDOWN - FEBRuARY 2009

Co-op Apartment

Area Act Sales E01 E02 E03 E04 E05 E06 E07 E08 E09 E10 E11 E12 E13 E14 E15 E16 E17 E18 E19 E20 E21

3 3 6 1 1 -

1 -

Av. Price

$172,900 -

Attached/Row/Townhouse

Med. Price % S-A Av. % List Area Act Sales $172,900 -

33.3 -

100 -

E01 E02 E03 E04 E05 E06 E07 E08 E09 E10 E11 E12 E13 E14 E15 E16 E17 E18 E19 E20 E21

25 8 9 2 3 2 3 9 4 6 37 4 16 42 35 17 39 16 -

7 2 1 4 1 3 2 3 3 7 13 12 6 13 4 -

Av. Price

$397,200 $538,250 $360,000 $305,375 $358,000 $285,000 $253,490 $325,167 $239,333 $235,036 $255,077 $232,108 $156,333 $198,799 $238,750 -

Med. Price % S-A Av. % List

$413,500 $538,250 $360,000 $307,250 $358,000 $264,000 $253,490 $340,000 $260,000 $237,000 $255,000 $233,000 $171,000 $198,000 $240,000 -

28.0 25.0 50.0 133.3 50.0 100.0 22.2 50.0 8.1 43.8 31.0 34.3 35.3 33.3 25.0 -

97 98 98 97 97 97 100 96 97 97 98 98 97 98 97 -

West District Area

Active

W01 119 W02 142 W03 210 W04 202 W05 371 W06 288 W07 141 W08 275 W09 128 W10 323 W12 264 W13 220 W14 121 W15 496 W16 180 W17 W18 126 W19 490 W20 552 W21 507 W22 280 W23 1,071 W24 824 W25 113 W26 25 W27 240 W28 296 W29 200 TOTAL 8,204

New

63 71 101 91 152 147 62 131 67 133 123 113 57 236 96 51 244 302 221 174 558 428 54 6 109 111 69 3,970

Sales

31 37 27 31 48 51 37 59 18 52 52 38 22 95 28 21 90 123 81 79 224 148 17 1 57 43 27 1,537

TORONTO REAL ESTATE BOARD

Current Month: February 2009 $ Volume

$11,371,900 $14,866,593 $8,305,000 $8,390,800 $12,297,701 $16,724,890 $15,251,100 $29,315,000 $5,201,000 $11,035,713 $21,897,950 $17,168,400 $5,812,850 $21,955,400 $8,071,300 $5,108,901 $31,759,640 $42,061,988 $38,472,900 $24,733,250 $67,344,052 $46,612,500 $6,823,500 $290,000 $18,056,250 $20,049,675 $7,609,200 $516,587,453

Avg Price $366,835 $401,800 $307,593 $270,671 $256,202 $327,939 $412,192 $496,864 $288,944 $212,225 $421,114 $451,800 $264,220 $231,109 $288,261 $243,281 $352,885 $341,967 $474,974 $313,079 $300,643 $314,949 $401,382 $290,000 $316,776 $466,272 $281,822 $336,101

Med Price $314,000 $375,000 $309,000 $250,000 $278,000 $327,000 $402,000 $415,000 $312,500 $198,000 $353,000 $390,000 $252,000 $219,000 $278,750 $264,100 $332,000 $325,000 $430,000 $305,000 $287,250 $311,000 $307,000 $290,000 $310,000 $375,000 $250,000 $305,600

Avg DOM 42 30 48 47 54 40 43 49 33 51 44 57 57 45 49 36 40 36 56 37 40 43 46 7 45 50 51 44

Avg %List 98 97 95 95 95 97 96 96 93 96 95 96 96 96 96 95 96 97 96 98 97 96 96 97 97 96 97 96

SINGLE FAMILY WEST BREAKDOWN - FEBRuARY 2009

West District Days on Market

Feb Mar Apr May Jun

Jul Aug Sep Oct Nov Dec Jan Feb

2008

Area

Listed

W01 120 W02 156 W03 186 W04 182 W05 307 W06 283 W07 138 W08 257 W09 130 W10 261 W12 247 W13 206 W14 118 W15 491 W16 175 W17 W18 111 W19 510 W20 619 W21 461 W22 311 W23 1,088 W24 846 W25 101 W26 15 W27 230 W28 219 W29 176 TOTAL 7,944

2009

Sales

58 56 50 55 84 88 59 90 41 90 83 55 39 157 45 31 154 209 113 127 374 252 36 3 75 65 55 2,544

West District Sales Active Listing Ratio

Feb Mar Apr May Jun

Jul Aug Sep Oct Nov Dec Jan Feb

2008

2009

Year-to-Date: February 2009

$ Volume

$21,869,900 $23,834,883 $15,721,000 $14,313,300 $22,308,201 $29,841,920 $23,593,300 $42,489,879 $10,522,482 $19,431,527 $35,137,950 $26,836,900 $10,953,150 $36,194,250 $13,304,300 $7,059,701 $53,064,140 $70,780,588 $52,430,500 $40,275,975 $111,057,602 $80,960,110 $12,982,400 $1,940,000 $24,452,550 $29,711,375 $15,300,600 $846,368,483

West District

Avg Price

$377,067 $425,623 $314,420 $260,242 $265,574 $339,113 $399,886 $472,110 $256,646 $215,906 $423,349 $487,944 $280,850 $230,537 $295,651 $227,732 $344,572 $338,663 $463,987 $317,134 $296,945 $321,270 $360,622 $646,667 $326,034 $457,098 $278,193 $332,692

Med Price

$321,500 $385,500 $303,250 $249,900 $280,000 $315,000 $394,500 $400,500 $199,000 $199,500 $360,000 $380,000 $255,000 $216,000 $285,000 $236,101 $329,000 $320,000 $406,000 $309,000 $285,000 $309,000 $304,500 $800,000 $315,000 $375,000 $255,000 $304,750

Avg DOM

42 33 57 52 56 44 42 50 51 54 47 56 52 48 52 45 43 41 57 42 43 42 61 139 46 56 47 47

Avg %List

TORONTO REAL ESTATE BOARD

97 97 95 95 95 97 97 95 94 96 95 96 96 96 96 95 96 97 96 97 97 96 96 96 97 96 97 96

SINGLE FAMILY WEST BREAKDOWN - FEBRuARY 2009

Detached Houses Area Act Sales Av. Price W01 W02 W03 W04 W05 W06 W07 W08 W09 W10 W12 W13 W14 W15 W16 W17 W18 W19 W20 W21 W22 W23 W24 W25 W26 W27 W28 W29

31 47 112 98 73 71 53 162 55 105 180 153 37 26 76 48 185 282 358 177 679 491 66 25 200 265 149

6 11 10 19 12 19 16 35 9 23 27 22 3 3 11 6 34 47 53 31 136 85 7 1 40 31 19

$577,000 $571,545 $315,450 $339,358 $367,292 $368,263 $559,938 $657,657 $421,889 $293,679 $527,794 $604,568 $456,667 $412,333 $364,500 $282,350 $463,038 $423,660 $576,292 $373,465 $330,694 $370,333 $548,286 $290,000 $347,525 $526,933 $308,800

Condo Apartment

Area Act Sales W01 W02 W03 W04 W05 W06 W07 W08 W09 W10 W12 W13 W14 W15 W16 W17 W18 W19 W20 W21 W22 W23 W24 W25 W26 W27 W28 W29

46 29 43 48 121 174 64 101 53 160 45 20 31 378 30 28 112 49 45 4 37 75 12 4 17

14 7 3 10 11 24 14 19 7 23 11 2 8 77 5 2 12 7 7 3 5 12 1 2 -

Av. Price

$264,857 $270,414 $216,667 $153,800 $104,000 $285,250 $257,329 $254,263 $147,714 $142,635 $301,591 $189,000 $179,875 $213,292 $200,360 $115,500 $205,434 $195,500 $236,286 $221,667 $180,600 $146,442 $307,000 $130,500 -

West District

Semi-Detached Houses Med. Price % S-A Av. % List Area Act Sales Av. Price Med. Price % S-A Av. % List $515,000 $525,000 $318,750 $325,900 $350,500 $349,000 $531,250 $550,000 $407,000 $295,000 $420,000 $605,000 $465,000 $457,000 $354,000 $279,000 $436,175 $400,000 $528,500 $355,000 $318,000 $372,000 $412,000 $290,000 $333,750 $440,000 $258,000

19.4 23.4 8.9 19.4 16.4 26.8 30.2 21.6 16.4 21.9 15.0 14.4 8.1 11.5 14.5 12.5 18.4 16.7 14.8 17.5 20.0 17.3 10.6 4.0 20.0 11.7 12.8

97 97 95 94 96 97 96 96 93 96 95 95 96 96 96 95 96 96 95 97 96 95 96 97 97 95 97

W01 20 W02 39 W03 44 W04 18 W05 86 W06 13 1 W07 4 W08 3 W09 W10 11 W12 10 W13 17 W14 11 W15 18 W16 29 W17 W18 34 W19 59 W20 88 W21 15 W22 30 W23 197 W24 118 5 W25 W26 9 W27 W28 10 W29 12

7 14 12 17 2 1 5 8 3 6 3 10 17 32 5 14 49 30 2 5 9 2

$423,771 $389,278 $334,750 $313,971 $472,500 $375,000 $331,200 $286,113 $331,967 $337,833 $265,000 $254,380 $341,915 $318,053 $335,980 $301,636 $268,890 $284,517 $336,500 $269,300 $293,639 $228,000

Link

Med. Price % S-A Av. % List Area Act Sales $249,500 $260,000 $215,000 $151,000 $110,000 $265,000 $240,800 $207,000 $104,000 $145,000 $260,000 $189,000 $180,000 $203,000 $212,000 $115,500 $180,000 $187,500 $246,500 $240,000 $180,000 $147,950 $307,000 $130,500 -

TORONTO REAL ESTATE BOARD

30.4 24.1 7.0 20.8 9.1 13.8 21.9 18.8 13.2 14.4 24.4 10.0 25.8 20.4 16.7 7.1 10.7 14.3 15.6 75.0 13.5 16.0 8.3 50.0 -

98 97 94 96 94 96 97 95 94 96 96 99 95 96 96 88 96 97 97 97 95 98 93 95 -

W01 W02 W03 W04 W05 W06 W07 W08 W09 W10 W12 W13 W14 W15 W16 W17 W18 W19 W20 W21 W22 W23 W24 W25 W26 W27 W28 W29

3 4 7 5 4 1 2 3 3 2 3 1

1 2 1 1 1 2 2 -

Av. Price

$381,950 $324,500 $348,000 $354,000 $260,000 $292,500 $237,750 -

$442,500 $390,000 $343,500 $290,000 $472,500 $375,000 $314,000 $283,000 $321,000 $335,500 $266,500 $266,550 $337,000 $323,500 $330,000 $298,500 $268,000 $277,500 $336,500 $290,000 $294,000 $228,000

35.0 35.9 27.3 19.8 15.4 25.0 50.0 47.1 27.3 33.3 10.3 29.4 28.8 36.4 33.3 46.7 24.9 25.4 40.0 55.6 90.0 16.7

100 97 95 95 98 96 95 96 96 98 94 96 97 97 97 98 97 96 98 96 98 98

Med. Price % S-A Av. % List

$381,950 $324,500 $348,000 $354,000 $260,000 $292,500 $237,750 -

50.0 14.3 20.0 50.0 66.7 100.0 -

98 97 101 97 98 98 97 -

SINGLE FAMILY WEST BREAKDOWN - FEBRuARY 2009

Condo Townhouse Detached Condo Area Act Sales Av. Price Med. Price % S-A Av. % List Area Act Sales Av. Price W01 W02 W03 W04 W05 W06 W07 W08 W09 W10 W12 W13 W14 W15 W16 W17 W18 W19 W20 W21 W22 W23 W24 W25 W26 W27 W28 W29

17 14 6 30 85 17 8 4 6 39 25 22 36 73 41 15 88 89 26 4 80 69 15 15 6 14

3 3 1 2 8 4 4 1 5 9 6 7 9 7 2 21 23 4 2 14 9 1 3 2

$308,500 $260,333 $301,500 $202,500 $176,088 $392,725 $272,750 $330,000 $138,300 $297,111 $200,167 $232,286 $251,989 $230,857 $168,500 $281,081 $261,278 $254,500 $183,750 $232,139 $190,333 $327,000 $217,750 $181,000

Co-op Apartment Area Act Sales Av. Price W01 W02 W03 W04 W05 W06 W07 W08 W09 W10 W12 W13 W14 W15 W16 W17 W18 W19 W20 W21 W22 W23 W24 W25 W26 W27 W28 W29

5 4 4 3 4 1 1 1 1 -

1 1 2 1 -

$210,000 $135,000 $133,000 $40,000 -

$315,000 17.7 $253,000 21.4 $301,500 16.7 $202,500 6.7 $191,500 9.4 $422,000 23.5 $267,500 100.0 $330,000 16.7 $145,000 12.8 $292,000 36.0 $212,000 27.3 $255,000 19.4 $241,000 12.3 $227,500 17.1 $168,500 13.3 $282,500 23.9 $264,000 25.8 $260,500 15.4 $183,750 50.0 $240,000 17.5 $180,000 13.0 $327,000 6.7 $220,000 20.0 $181,000 14.3

96 99 99 98 96 98 96 95 95 96 96 97 97 97 95 96 96 98 98 98 96 98 96 97

W01 W02 W03 W04 W05 W06 W07 W08 W09 W10 W12 W13 W14 W15 W16 W17 W18 W19 W20 W21 W22 W23 W24 W25 W26 W27 W28 W29

1 2 3 -

1 -

$345,000 -

West District Med. Price % S-A Av. % List $345,000 -

99 -

Attached/Row/Townhouse Med. Price % S-A Av. % List Area Act Sales Av. Price Med. Price % S-A Av. % List $210,000 $135,000 $133,000 $40,000 -

20.0 25.0 25.0 -

98 94 96 89 -

W01 W02 W03 W04 W05 W06 W07 W08 W09 W10 W12 W13 W14 W15 W16 W17 W18 W19 W20 W21 W22 W2 3 W24 W25 W26 W27 W28 W29

5 8 5 8 2 9 15 1 7 4 4 7 5 1 38 39 57 64 76 65 12 10 12 7

1 1 1 1 5 1 1 5 13 12 28 19 12 4 5 3 4

$310,000 $245,800 $182,000 $231,000 $484,700 $309,000 $303,000 $297,580 $326,185 $298,125 $269,838 $251,637 $260,700 $273,375 $283,800 $357,333 $231,000

$310,000 20.0 $245,800 12.5 $182,000 20.0 $231,000 11.1 $485,000 33.3 $309,000 25.0 $303,000 100.0 $294,100 13.2 $315,000 33.3 $292,500 21.1 $272,500 43.8 $245,000 25.0 $277,500 18.5 $284,750 33.3 $270,000 50.0 $305,000 25.0 $239,500 57.1

TORONTO REAL ESTATE BOARD

97 98 96 99 96 97 95 95 97 97 98 98 96 97 99 95 97

Central District Area

Active

C01 805 C02 208 C03 136 C04 273 C06 95 C07 317 C08 308 C09 108 C10 256 C11 86 C12 155 C13 104 C14 384 C15 242 TOTAL 3,477

New 388 91 68 141 40 146 165 55 128 55 71 64 183 142 1,737

Sales 164 40 26 50 22 72 84 16 54 28 25 29 80 49 739

Current Month: February 2009 $ Volume

Avg Price

Med Price

$56,888,575 $25,160,000 $15,283,500 $31,964,750 $10,278,418 $27,190,100 $27,271,868 $16,765,500 $26,291,718 $16,032,638 $38,124,468 $10,607,200 $30,949,269 $17,471,439 $350,279,443

$346,882 $629,000 $587,827 $639,295 $467,201 $377,640 $324,665 $1,047,844 $486,884 $572,594 $1,524,979 $365,766 $386,866 $356,560 $473,991

$322,500 $553,500 $412,000 $527,500 $451,500 $319,000 $297,000 $770,500 $394,950 $553,750 $900,000 $382,000 $287,000 $347,000 $350,000

Central District Days on Market

Feb Mar Apr May May Jun Jul Aug Sep Oct Nov Dec Jan Feb

2008

Area C01 C02 C03 C04 C06 C07 C08 C09 C10 C11 C12 C13 C14 C15 TOTAL

Listed

Sales

811 198 135 265 80 312 339 97 272 111 126 124 371 231 3,472

268 65 45 81 31 107 138 26 82 45 37 49 127 84 1,185

Feb Mar Apr May Jun

$93,988,191 $39,999,600 $26,900,180 $54,642,268 $14,702,418 $40,749,623 $45,318,216 $24,263,000 $40,215,943 $24,081,738 $48,758,468 $17,718,100 $46,583,919 $30,860,339 $548,782,003

TORONTO REAL ESTATE BOARD

Avg Price

$350,702 $615,378 $597,782 $674,596 $474,272 $380,838 $328,393 $933,192 $490,438 $535,150 $1,317,796 $361,594 $366,803 $367,385 $463,107

97 97 96 95 96 96 97 96 94 96 94 96 96 96 96

Jul Aug Sep Oct Nov Dec Jan Feb

2009

Year-to-Date: February 2009

$ Volume

45 30 42 44 27 44 47 31 37 40 51 37 42 53 43

2008

2009

Avg%List

Central District Sales Active Listing Ratio

Avg DOM

Med Price

Avg DOM

Avg%List

$320,000 $488,000 $435,000 $550,118 $440,000 $328,000 $292,250 $749,000 $400,450 $529,000 $895,000 $382,000 $276,000 $350,000 $350,000

45 31 47 43 33 44 46 37 40 41 49 36 44 50 43

96 97 95 95 95 96 97 95 94 96 93 96 96 96 96

Central District

SINGLE FAMILY CENTRAL BREAKDOWN - FEBRuARY 2009

Detached Houses Area Act Sales Av. Price C01 C02 C03 C04 C06 C07 C08 C09 C10 C11 C12 C13 C14 C15

13 34 65 194 60 115 6 44 63 30 120 26 128 66

1 8 16 29 15 21 2 7 15 13 19 9 14 14

Semi-Detached Houses Med. Price % S-A Av. % List Area Act Sales Av. Price Med. Price % S-A Av.% List

$900,000 $900,000 $802,375 $702,000 $711,469 $554,500 $844,940 $714,000 $576,233 $565,000 $576,262 $453,000 $511,000 $511,000 $1,676,071 $1,581,500 $766,607 $678,500 $894,750 $780,000 $1,851,535 $1,451,000 $464,367 $435,000 $823,214 $716,500 $547,036 $558,000

7.7 23.5 24.6 15.0 25.0 18.3 33.3 15.9 23.8 43.3 15.8 34.6 10.9 21.2

92 96 96 94 95 95 99 95 87 96 93 95 95 96

C01 C02 C03 C04 C06 C07 C08 C09 C10 C11 C12 C13 C14 C15

25 40 14 9 1 8 13 7 14 6 11 23

Condo Apartment Area Act Sales Av. Price

Med. Price % S-A Av. % List Area Act

C01 C02 C03 C04 C06 C07 C08 C09 C10 C11 C12 C13 C14 C15

$293,000 $387,500 $442,500 $286,000 $240,000 $278,000 $280,000 $415,000 $330,000 $190,000 $331,900 $212,950 $257,500 $230,500

700 113 44 61 31 161 249 34 164 39 26 66 232 108

133 11 6 17 7 43 72 4 31 9 2 12 52 22

$316,846 $578,136 $442,000 $315,971 $233,560 $283,491 $299,741 $429,500 $341,581 $202,222 $331,900 $280,783 $274,912 $237,952

Condo Townhouse

Area Act Sales C01 C02 C03 C04 C06 C07 C08 C09 C10 C11 C12 C13 C14 C15

42 4 1 1 26 16 2 11 9 9 15 43

15 1 4 2 1 1 2 11 3

Av. Price

$378,133 $660,000 $315,875 $366,000 $850,000 $140,000 $509,500 $415,822 $277,667

19.0 9.7 13.6 27.9 22.6 26.7 28.9 11.8 18.9 23.1 7.7 18.2 22.4 20.4

96 96 95 95 96 97 97 98 96 96 97 97 96 96

1 2

C01 C02 C03 C04 C06 C07 C08 C09 C10 C11 C12 C13 C14 C15

9 17 3 3 2 3 1 7 5 2 4 8

$584,333 $548,000 $620,853 $470,000 $324,333 $338,000 $631,667 $535,000 $365,500 $365,500 $512,000 $555,000 $1,325,000 $1,325,000 $537,214 $476,500 $488,178 $460,000 $631,250 $631,250 $341,000 $315,000 $366,750 $356,000

Link Sales Av. Price 1 1

$400,000 $390,000

$382,500 $660,000 $299,250 $366,000 $850,000 $140,000 $509,500 $400,000 $268,000

35.7 25.0 15.4 12.5 50.0 11.1 22.2 73.3 7.0

97 96 95 101 95 97 93 97 95

C01 C02 C03 C04 C06 C07 C08 C09 C10 C11 C12 C13 C14 C15

Av. Price

98 97 96 97 95 95 98 97 95 99 95 97

Med. Price % S-A Av.% List $400,000 100.0 $390,000 50.0

Detached Condo

Med. Price % S-A Av. % List Area Act Sales

36.0 42.5 21.4 33.3 25.0 23.1 14.3 50.0 83.3 36.4 34.8

98 98

Med. Price % S-A Av.% List -

TORONTO REAL ESTATE BOARD

Central District

SINGLE FAMILY CENTRAL BREAKDOWN - FEBRuARY 2009

Co-op Apartment

Area Act Sales

Av. Price

C01 C02 C03 C04 C06 C07 C08 C09 C10 C11 C12 C13 C14 C15

$175,000 $275,000 $195,000 $380,000 $184,933 -

4 10 5 7 18 2 3 -

1 1 1 3 3 -

Attached/Row/Townhouse

Med. Price % S-A Av. % List Area Act Sales $175,000 25.0 $275,000 10.0 $195,000 20.0 $429,000 16.7 $169,900 100.0 -

97 117 108 99 103 -

C01 C02 C03 C04 C06 C07 C08 C09 C10 C11 C12 C13 C14 C15

25 13 2 4 2 6 17 3 2 2 1 6 -

6 2 1 5 1 4 1

Av. Price

$486,167 $496,000 $504,000 $480,100 $443,118 $423,625 $421,000

Med. Price % S-A Av. % List $473,000 $496,000 $504,000 $450,000 $443,118 $425,000 $421,000

24.0 15.4 16.7 29.4 50.0 400.0 -

98 97 99 99 97 97 96

North District

Area

Active

N01 152 N02 276 N03 495 N04 267 N05 238 N06 297 N07 384 N08 672 N10 211 N11 659 N12 114 N13 85 N14 143 N15 86 N16 144 N17 301 N18 153 N19 193 N20 34 N21 37 N22 92 N23 177 N24 95 TOTAL 5,305

New 67 137 241 118 103 135 174 301 91 317 56 26 44 34 47 116 64 59 6 9 40 69 27 2,281

Sales 24 43 113 49 30 35 72 101 36 129 15 8 9 15 15 35 27 29 2 2 4 15 6 814

TORONTO REAL ESTATE BOARD

Current Month: February 2009 $ Volume

$8,983,388 $16,625,500 $47,812,955 $21,588,988 $12,314,400 $15,025,000 $24,155,768 $44,425,760 $14,136,750 $57,942,046 $5,561,800 $6,571,800 $5,685,500 $4,620,000 $5,249,400 $7,772,900 $7,568,125 $7,851,200 $1,045,000 $612,000 $865,075 $3,869,580 $1,174,500 $321,457,435

Avg Price

Med Price

$374,308 $386,640 $423,124 $440,592 $410,480 $429,286 $335,497 $439,859 $392,688 $449,163 $370,787 $821,475 $631,722 $308,000 $349,960 $222,083 $280,301 $270,731 $522,500 $306,000 $216,269 $257,972 $195,750 $394,911

$385,500 $347,000 $365,000 $439,888 $389,500 $369,500 $320,450 $407,000 $361,000 $400,000 $383,000 $627,500 $665,000 $297,000 $324,000 $220,000 $275,000 $260,000 $522,500 $306,000 $209,588 $229,000 $161,000 $358,000

Avg DOM 44 45 58 50 41 49 57 38 49 46 30 84 50 80 65 46 57 59 61 103 53 72 77 51

Avg %List 96 96 95 95 97 96 97 96 96 96 96 95 93 96 96 96 96 97 97 94 97 97 91 96

North District

North District Days on Market

Feb Mar Apr May Jun

Jul Aug Sep Oct Nov Dec Jan Feb

2008

Area

Listed

N01 133 N02 240 N03 474 N04 241 N05 205 N06 238 N07 368 N08 618 N10 176 N11 633 N12 102 N13 47 N14 90 N15 65 N16 84 N17 237 N18 136 N19 121 N20 16 N21 18 N22 67 N23 124 N24 51 TOTAL 4,484

2009

Sales

41 63 172 67 53 59 100 166 57 191 25 9 14 23 30 58 41 45 6 5 12 28 10 1,275

North District Sales Active Listing Ratio

Feb Mar Apr May Jun

Jul Aug Sep Oct Nov Dec Jan Feb

2008

2009

Year-to-Date: February 2009

$ Volume

$16,223,188 $25,123,500 $73,570,055 $28,565,988 $22,019,150 $24,085,450 $33,596,418 $72,055,660 $22,183,050 $83,105,246 $9,412,300 $7,040,800 $8,423,000 $8,084,000 $9,894,339 $14,385,900 $10,869,875 $12,434,100 $2,749,500 $1,382,000 $3,277,975 $6,880,580 $2,080,500 $497,442,574

Avg Price

$395,688 $398,786 $427,733 $426,358 $415,456 $408,228 $335,964 $434,070 $389,176 $435,106 $376,492 $782,311 $601,643 $351,478 $329,811 $248,033 $265,119 $276,313 $458,250 $276,400 $273,165 $245,735 $208,050 $390,151

Med Price

$386,000 $340,000 $377,944 $425,000 $377,000 $367,000 $321,750 $401,000 $360,000 $390,000 $385,000 $525,000 $542,500 $297,000 $317,750 $225,500 $272,000 $245,000 $446,000 $260,000 $229,238 $224,750 $178,250 $352,000

Avg DOM 44 45 52 50 45 54 57 43 45 50 40 77 67 71 68 47 55 62 87 100 69 86 81 52

Avg %List

TORONTO REAL ESTATE BOARD

96 96 95 95 97 96 96 96 96 95 97 95 94 97 95 96 96 97 95 94 98 97 91 96

SINGLE FAMILY NORTH BREAKDOWN - FEBRuARY 2009

Detached Houses Area Act Sales Av. Price N01 N02 N03 N04 N05 N06 N07 N08 N10 N11 N12 N13 N14 N15 N16 N17 N18 N19 N20 N21 N22 N23 N24

82 138 246 194 196 208 239 413 104 361 94 85 130 82 124 283 122 131 34 37 81 162 88

9 15 48 34 18 22 46 63 19 78 13 8 8 12 15 30 17 22 2 2 2 13 6

$489,710 $553,233 $577,556 $491,382 $457,300 $499,341 $372,364 $505,108 $444,582 $518,742 $380,908 $821,475 $656,313 $325,625 $349,960 $222,363 $306,076 $287,995 $522,500 $306,000 $222,950 $266,023 $195,750

Condo Apartment Area Act Sales Av. Price N01 27 N02 79 N03 144 N04 27 N05 N06 14 N07 25 N08 76 N10 44 N11 99 N12 N13 N14 9 N15 N16 9 N17 2 N18 3 N19 11 N20 N21 N22 N23 N24 -

7 20 28 3 2 5 1 5 1 -

$247,143 $270,975 $245,485 $185,333 $262,000 $253,200 $220,000 $447,600 $144,000 -

North District

Semi-Detached Houses Med. Price % S-A Av. % List Area Act Sales Av. Price Med. Price % S-A Av. % List $485,000 $408,000 $532,500 $475,000 $417,400 $442,500 $363,500 $453,000 $423,000 $465,000 $397,000 $627,500 $687,500 $305,000 $324,000 $222,500 $294,000 $280,000 $522,500 $306,000 $222,950 $239,000 $161,000

11.0 10.9 19.5 17.5 9.2 10.6 19.3 15.3 18.3 21.6 13.8 9.4 6.2 14.6 12.1 10.6 13.9 16.8 5.9 5.4 2.5 8.0 6.8

96 97 93 95 97 96 96 96 96 96 96 95 93 96 96 96 97 96 97 94 94 97 91

N01 N02 N03 N04 N05 N06 N07 N08 N10 N11 N12 N13 N14 N15 N16 N17 N18 N19 N20 N21 N22 N23 N24

2 15 14 7 22 50 103 7 56 7 4 14 7 1

Med. Price % S-A Av. % List Area Act $248,000 $251,500 $240,950 $170,000 $262,000 $245,000 $220,000 $270,000 $144,000 -

TORONTO REAL ESTATE BOARD

25.9 25.3 19.4 11.1 14.3 6.6 2.3 5.1 33.3 -

96 95 96 94 94 94 94 93 96 -

N01 N02 N03 N04 N05 N06 N07 N08 N10 N11 N12 N13 N14 N15 N16 N17 N18 N19 N20 N21 N22 N23 N24

11 20 6 6 2 4 1 46 16 1 1 10 12 6 3 -

2 4 6 1 2 8 15 14 1 1 3 3 1 -

$376,000 $376,250 $327,833 $336,000 $287,000 $283,130 $364,097 $331,414 $305,000 $244,000 $246,000 $206,633 $218,475 -

Link Sales Av. Price 5 1 1 2 16 8 1 4 3 1 -

$387,000 $372,000 $410,000 $256,500 $341,856 $339,188 $305,000 $256,281 $223,300 $218,780 -

$376,000 $387,750 $322,000 $336,000 $287,000 $280,000 $370,000 $330,000 $305,000 $244,000 $254,000 $205,000 $218,475 -

26.7 42.9 14.3 9.1 16.0 14.6 25.0 14.3 25.0 21.4 42.9 -

99 96 94 96 96 98 97 97 95 98 95 99 102 -

Med. Price % S-A Av. % List $391,500 $372,000 $410,000 $256,500 $334,400 $323,250 $305,000 $258,313 $219,900 $218,780 -

45.5 5.0 16.7 50.0 34.8 50.0 40.0 25.0 33.3 -

96 98 98 98 97 97 97 96 98 97 -

SINGLE FAMILY NORTH BREAKDOWN - FEBRuARY 2009

Condo Townhouse Detached Condo Area Act Sales Av. Price Med. Price % S-A Av. % List Area Act Sales Av. Price N01 N02 N03 N04 N05 N06 N07 N08 N10 N11 N12 N13 N14 N15 N16 N17 N18 N19 N20 N21 N22 N23 N24

28 33 29 10 21 19 12 6 46 1 3 6 1 3 2 6

3 2 6 2 2 3 8 1 1 -

$303,667 $298,500 $290,883 $443,750 $202,500 $297,000 $341,100 $435,000 $228,000 -

Co-op Apartment Area Act Sales Av. Price N01 N02 N03 N04 N05 N06 N07 N08 N10 N11 N12 N13 N14 N15 N16 N17 N18 N19 N20 N21 N22 N23 N24

1 1 1 -

$310,000 $298,500 $286,400 $443,750 $202,500 $315,000 $335,400 $435,000 $228,000 -

10.7 6.1 20.7 9.5 10.5 25.0 17.4 33.3 33.3 -

97 95 98 95 98 96 94 89 97 -

N01 N02 N03 N04 N05 N06 N07 N08 N10 N11 N12 N13 N14 N15 N16 N17 N18 N19 N20 N21 N22 N23 N24

1 1 1 17 -

North District

Med. Price % S-A Av. % List -

Attached/Row/Townhouse Med. Price % S-A Av. % List Area Act Sales Av. Price Med. Price % S-A Av. % List -

N01 N02 N03 N04 N05 N06 N07 N08 N10 N11 N12 N13 N14 N15 N16 N17 N18 N19 N20 N21 N22 N23 N24

2 5 54 22 29 30 47 66 4 80 12 1 4 3 9 1 13 5 12 -

3 27 6 10 7 14 15 16 3 4 1 1 1 1 -

$395,500 $369,125 $393,167 $333,700 $293,429 $274,571 $332,367 $322,504 $237,500 $214,500 $229,700 $225,500 $200,700 $192,500 -

$425,000 60.0 $358,000 50.0 $365,000 27.3 $337,750 34.5 $286,000 23.3 $275,000 29.8 $332,000 22.7 $318,500 20.0 $236,500 75.0 $211,500 44.4 $229,700 100.0 $225,500 7.7 $200,700 20.0 $192,500 8.3 -

TORONTO REAL ESTATE BOARD

96 97 96 97 97 97 97 96 96 97 97 99 99 99 -

District Totals Grand Total Year

Year

New

Active

Listed

Sales

$ Volume

Avg Price

Med Price

Avg DOM

Avg Month

10,238

21,440

N/A

4,120

$1,488,577,714

$361,305

$312,900

N/A

20,504

6,739

$2,388,692,233

$354,458

$310,000

*Number of Sales

1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

22,020 19,025 20,512 21,184 23,466 26,017 29,625 25,336 30,046 31,905 45,509 52,919 43,475 49,381 38,960 26,779 38,144 41,703 38,990 44,237 39,273 55,779 58,014 55,344 58,957 58,343 67,612 74,759 78,898 83,501 84,145 83,084 93,193

Annual Summary - Single Family *Average Price

Year

$57,581 $61,389 $64,559 $67,333 $70,830 $75,694 $90,203 $95,496 $101,626 $102,318 $109,094 $138,925 $189,105 $229,635 $273,698 $255,020 $234,313 $214,971 $206,490 $208,921 $203,028 $198,150 $211,307 $216,815 $228,372 $243,255 $251,508 $275,231 $293,067 $315,231 $335,907 $351,941 $376,236

*Number of Sales

2008 January February March April May June July August September October November December

*Average Price

5,075 6,015 6,631 8,762 9,411 8,600 7,806 6,318 6,424 5,155 3,640 2,577

$374,449 $382,048 $380,338 $398,687 $398,148 $395,866 $371,427 $364,886 $368,549 $352,974 $368,582 $361,415

74,552

$379,347

2009 January February

2,670 4,120

$343,632 $361,305

Year-to-Date**

6,739

$354,458

Total**

* Due to District revisions, caution should be exercised when undertaking historical comparisons. Please refer to appropriate maps. **This figure may not equal the sum of all monthly totals, as the year-to-date total reflects sales reported in error and deals that have fallen through since January 1st.

Single Family Dwelling Sales Comparison Sales

15000 13500

400000

Average Price

30000

12000

25000

10500 9000

337500

20000

7500 6000

15000

4500

10000

3000

275000

212500

5000

1500 0

Active Listing

35000

Feb Mar Apr May Jun

2008

Jul Aug Sep Oct Nov Dec Jan Feb

2009 TORONTO REAL ESTATE BOARD

Feb Mar Apr May Jun

2008

Jul Aug Sep Oct Nov Dec Jan Feb

2009

150000

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009