Market Watch September 2009

Page 1

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


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Market Watch September 2009 by Keller Williams Referred Realty - Issuu