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Entries from December 2008

Toronto Real Estate Board Mid December Update: Greater Toronto Home Resales at 1,500 in Mid December

December 17th, 2008 · Comments Off

TORONTO, December 17, 2008 — Greater Toronto REALTORS® reported 1,487 resale transactions during
the first half of December, from 2,868 sales recorded in the same period a year ago, Toronto Real Estate
Board President Maureen O’Neill announced today.
The average price of a home in the Greater Toronto Area is currently $360,652. This compares to an
average of $404,707 [...]

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Toronto Land Transfer Tax Costs City’s Economy $170 million

December 10th, 2008 · Comments Off

TORONTO, December 10, 2008,  – Supported by a study on the impact of the Toronto Land Transfer Tax, recently authored by the C.D. Howe Institute and two University of Toronto Economics Professors, Greater Toronto REALTORS® are renewing calls for this tax to be rolled back.
“The housing sector is one of the most significant parts of Toronto’s [...]

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Toronto Real Estate Board Novemeber Update: Over 3,600 Greater Toronto Area Resale Housing Sales in November

December 4th, 2008 · Comments Off

TORONTO, December 04, 2008 — Greater Toronto REALTORS® recorded 3,640 transactions last month, from 7,313 sales in November 2007, Toronto Real Estate Board President Maureen O’Neill announced today.
Year-to-date sales figures for the Greater Toronto Area show 72,086 transactions in 2008, from 88,695 sales recorded in the same January to November period a year ago. By [...]

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