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Toronto Real Estate Homes Report Strong August 2011 Home Sales



September 12, 2011


Toronto Real Estate Homes Report Strong August 2011 Home Sales

GTA REALTORS® reported 7,542 sales for real estate home sales through the Toronto MLS® System - Real Estate Homes Report Strong August 2011 Home Sales – a 24 per cent increase over 6,083 sales in August 2010. New listings, at 12,509, were up by 20 per cent compared to August 2010. Market conditions remained tight as sales growth outstripped growth in new listings.
 
"Home sales in the GTA have stood up well despite a less certain economic outlook," said Toronto Real Estate Board President Richard Silver. "Home sales will be bolstered by low mortgage rates moving forward. The Bank of Canada is expected to be on the sidelines until the second half of 2012 or even into 2013. However, home ownership affordability in the City could be further improved with the removal of the City’s land transfer tax. This tax currently represents a substantial upfront cost for home buyers.”
 
With market conditions remaining tight, Real Estate Homes Report Strong August 2011 Home Sales. The average selling price for Toronto Real Estate Homes in the GTA, continued to grow strongly in August –up by more than 10 per cent year-over-year to $451,663 according to the Real Estate Homes Report Strong August 2011 Home Sales Video below.
 
"We remain on pace for the second best year on record for sales. Approximately 90,000 transactions are expected by the end of December," said TREB's Senior Manager of Market Analysis Jason Mercer in the Real Estate Homes Report Strong August 2011 Home Sales Video. "Major home ownership costs, including the average monthly mortgage payment, remain affordable despite the strong price growth experienced so far this year."
 


Of course the Real Estate Homes Report Strong August 2011 Home Sales Video reflects an overview of the GTA real estate picture. Home sales and resale home prices can vary dramatically within a community, and even on the same street. For more detailed information on your local real estate scene, contact Coldwell Banker Sales Representative, Eric Eaton. You’ll be glad you called him first!
Eric Eaton, a Realtor since 1987, specializes in working with First Time Home Buyers to help them achieve their real estate goals. He has developed a 4 step process that all starts with:
  1. Listening to you his client to get a clear understanding of your needs, goals, expectations, time frame and financial abilities. 
  2. With that information, he customizes a detailed plan of action paying special attention to your main concerns.
  3. This is all documented in his Written Guarantee of Service which comes with an Easy Exit Option to eliminate all the risks of using his service.
  4. He then let's you know up front that he expects you to evaluate him and the service you've received, ensuring that he gives you the very best...... His Real Estate Service And Your Complete Satisfaction Are 100% Guaranteed!!!

If after watching the Real Estate Homes Report Strong August 2011 Home Sales Video above, you are ready to buy your first Toronto Real Estate Home, go ahead and read this article; "First Time Home Buyers FREE Online Videos", watch the videos and get your FREE Special Insider Tips On Real Estate, "Strategies On How To Get The Absolute Best Deal When Buying Your Next Home". A must read for all home buyers and a great place to start after watching the Real Estate Homes Report Strong August 2011 Home Sales Video above.

P.S. Do you have a question or comment? All questions and comments will  be responded to within 24 hours. Please use the form below. We look forward to hearing from you.
 

Toronto Real Estate Homes Report Strong August 2011 Home Sales

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