SINGLE FAMILY RESIDENTIAL BREAKDOWN
September 2009
1.6 % 7.1% % 0.3 0.1 %
24.4 %
GTA Housing Market Rebound Continues in September
8.3 %
TORONTO - Monday, October 5, 2009 In
September
Toronto
2009,
REALTORS®
price, at $388,417 was up by
Greater
“Existing home sales will finish
The average
2.3 %
% % strong this pushing7.0through 0.3 % 21.5year, %
0.1
price for September transactions
the 80,000 mark and moving in
was $406,877 – up by 10 per cent
line with some of the best years
compared to the same month last
on8.5record under the current TREB %
year.
market area,” according to Jason
“We
have
experienced
46.9 %
almost 1.5 per cent.
reported
8,196 sales, up 28 per cent from September 2008.
11.2 %
Mercer, TREB’s Senior Manager of
an
12.0 %
48.3 %
Market Analysis.
increasing rate of existing home
Dwelling Type
Sales
%
Median
Detached Single Detached 3,848 99
$432,000
Semi-Detached Semi Detached
$348,000
920 100
Condo Condo T.H. Townhouse Condo Apt. Apt Condo
679 100 2,002
99
$262,500 $267,000
Link Link
132
99
$327,000
Attached/Row Att/Row/Twnhouse
584
99
$326,250
Co-op Co-op Apt. Apt Detached Det CondoCondo
22
98
$197,000
9
98
$385,000
price growth in the GTA as sales have
continued
outpace
2008
Median Price
results,” said TREB President Tom Lebour. “Consumers have remained
In September, the median
confident in ownership housing as
price was $347,000, from the
a long-term investment.”
$322,000 recorded during
Year-to-date sales, at 66,437 were
September of 2008.
up 4.5 per cent compared to the
n
first nine months of 2008. Average
Average
Median
300000 200000 100000 0
1999
2000
2001
2002 2003
2004
2005
2006
Se[. 2008 Sales New Listings Active Listings* Days on Market
Sep. 2009
6,424 16,236 27,373 36
8,196 12,185 15,894 27
%Change (28%) (-25%) (-42%) (-25%)
* All figures for single-family dwellings.
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
Annual Average and Median Price
400000
Housing Market Indicators
2007
2008
2009