Tag Archives: february 2010

Toronto Real Estate Board Update: February 2010, GTA REALTORS® REPORT MID-FEBRUARY RESALE HOUSING MARKET FIGURES

TORONTO, February 18, 2010 — Greater Toronto REALTORS reported 3,555 sales through the Multiple Listing Service during the first two weeks of February.

This represented a 74 per cent increase compared to the 2,044 sales recorded during the same period in 2009 when resale transactions had dipped due to the recession. The February mid-month sales total was also 7.7 per cent above the previous high set in 2006.

“Home ownership demand remains strong in the GTA, as households remain confident that economic recovery is at hand and that ownership housing will continue to be a quality long-term investment,” said Toronto Real Estate Board President Tom Lebour.

The average price for February mid-month transactions was $429,997 – an 18 per cent increase over 2009. New Listings within the Toronto Real Estate Board boundaries were up 15 per cent to 6,212.

“Double-digit price increases will persist through the first quarter of the year,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “However, as new listings continue to increase creating a better supplied market, we will see the annual rate of price growth moderate into the single digits.”

Source: TREB (Toronto Real Estate Board)

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Scarborough Town Centre | February 17, 2010 | Current Inventory Resale Condos

Welcome to a new regular series.  Every week to two weeks, I will be posting the current inventory levels for resale condos. 

The current inventory for the 18 condo buildings surrounding Scarborough Town Centre for the week of February 17, 2010 is 79 units available for sale.  They are broken down by street and type. Pricing ranges from $169,000 to $380,000 and include 8 condos priced under $200,000.  Fill in the form below and you will recieve all the listings emailed to you.  Watch for other areas in the next couple of days including, Richmond Hill, Bathurst/Centre, and North York.

  • 83 Borough Dr. – 1
  • 50, 60 Brian Harrison Way -15
  • 68, 88 Corporate Dr. 1
  • 68 Grangeway Ave – 2
  • 1, 8, 11, 18, 36, 38 Lee Centre Dr.  – 16
  • 115, 117, 123 Omni Dr. – 4
  • 60, 61, 70 Town Centre Crt – 40

Types of Condos

  • Bachelor – 1
  • 1 Bedroom – 16
  • 1 Bedroom plus den – 20
  • 2 Bedroom – 23
  • 2 Bedroom plus den – 10
  • 3 Bedroom -9

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

Fill in the form below for a list of condos For Sale or Rent sent to your email.