Trebnet icon

 Market Watch June 2000

News Release

Price Breakdown

Single Fam. Res

Year-to-Date Single Fam. Res.

Single Fam. East

Single Fam. Central

Single Fam. North

Single Fam. West

Annual MLS Sales

Back Issues

TREB Maps

CREAstat

TREB Media Room

 

 

Market Watch
For Further Information: 443-8152

One Hot Summer

Toronto -- Wednesday, July 5, 2000

Button - Number of MLS Sales
Button - Number of New MLS Listings
Button - Number of Active MLS Listings

With 5,754 homes changing hands through the TREB MLS system, summer 2000 began with the second best June performance ever recorded, president Marilyn Baubie reported today. "Only last year, when over 6,000 homes were sold, did we see a better start to warm months."

The president went on to note that prices rose marginally to $247,929 from May's $247,014, and were up 7 per cent from the $230,692 recorded in June of last year. The median price fell slightly, to $210,300 from last month's $211,000. "One good piece of news in this month's figures is the fact that active listings, at 20,856, are up 3 per cent from the same time last year, which is the first month over month increase we've seen in several years. This should ease some of the upward pressure on home prices."

Breaking down the total 2,222 sales were reported in TREB's 28 West districts and averaged $229,794; 887 sales were reported in the 14 Central districts and averaged $358,586; 1,115 sales were reported in the 23 North districts and averaged $266,869; and 1,530 sales were reported in TREB's 21 East districts and averaged $196,313.

Note: As of press time, technical difficulties resulted in the year-to-date sales figures reported on 4A & 4B undercounting actual transactions by six. The corrected figures will appear in our July edition,

Neighbourhood Corner:
Victoria Village/Parkway East

Continuing a trend of the last decade, June’s most active resale housing sub-markets were all in the 905 suburbs, where prices tend to be more affordable than in the city core. Among the hot spots were: Brampton (W-23 and W-24): 462 sales for an average price of $200,343. Oshawa (E-16): 192 sales for an average price of $139,328. Mississauga (W-12 to W-20): 850 sales for an average price of $230,309.

 

Single-Family Residential Breakdown

    LegendPie Graph

     

    Dwelling Type

    Single Detached

    Semi Detached

    Condo T.H.

    Condo Apt.

    Link

    Attached/Row

    Co-op Apt.

    Detached Condo

    Sales

    2,960

    638

    612

    1,094

    186

    245

    15

    4

    Median

    $254,000

    206,750

    163,050

    153,250

    204,000

    193,000

    212,000

    265,750

     


     

    Housing Market Indicators

    June 1999

    June 2000

    % Change

    Sales*

    6,304

    5,754

    (-9%)

    Sales (P.O.T.)

    1,315

    1,211

    (-8%)

    New Listings*

    8,117

    8,473

    (+4%)

    Active Listings**

    20,206

    20,856

    (+3%)

     

    * Single-Family Dwellings Only
    ** Properties All Types including Single-Family Dwellings.


     

    Market Watch is also available in an Adobe Acrobat Portable Document Format (.pdf) file. A .pdf file preserves the complete formatting of the original printed document. However, in order to view and/or print .pdf files you will first need the appropriate software. If you have an Internet account visit Adobe's WWW site and download the software free of charge.

    This issue of Market Watch -- in Adobe Acrobat Reader (.pdf) format.

 

GR 07/00