KW NEWS

John Cameron

Toronto Market Stats - April 2019


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TORONTO, ONTARIO, May 6, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019. The number of residential transactions jumped by 16.8 per cent to 9,042 compared to 7,744 in April 2018. On a preliminary seasonally adjusted basis, sales were up 11.3 per cent compared to March 2019. New listings were also up year-over-year by eight per cent. However, the annual growth rate for new listings was much lower than that reported for sales. This suggests that market conditions continued to tighten which points toward an acceleration in price growth.

“The strong year-over-year growth in sales is obviously a good news story and likely represents some catch-up from a slow start to the year. TREB’s sales outlook for 2019 anticipates an increase relative to 2018. It should be noted, however, that growth in new listings is not keeping pace with sales. This points to the ongoing housing supply issue in the GTA. In this regard TREB welcomes the provincial government’s Housing Supply Action Plan announced last week to reduce red tape and improve the mix of housing types. TREB provided input on the Plan through submissions and participation on working groups,” said Mr. Bhaura..

Want to find out more?

If you would like further information on how you can help in your area or have any other questions please email john@johncameronteam.com

 



 

What is RED Day?

RED (Renew, Energize and Donate) Day is a Keller Williams Realty service initiative dedicated to improving our local communities. All Keller Williams Realty associates in Canada were asked to donate their time to renewing and energizing aspects of their local communities. Because of her constant commitment to the culture of our company, this day has been dedicated in honor of our Vice Chairman, Mo Anderson. 

Want to find out more?

If you would like further information on how you can help in your area or have any other questions please email john@johncameronteam.com

 



OutFront Magazine

OutFront is Keller Williams Realty's semi-monthly publication, focused on the Keller Williams advantage, success strategies among our associates throughout North America, and leading-edge strategies to help you to seize the shift in the real estate market to grow your market share.  Each issue is distributed to all of our associates in theUnited States and Canada.

Browse the current issue of OutFrontmagazine!

 

Additional printed copies of the magazine are now available in 10-packs!
Purchase copies of OutFront Magazine here.

 

 

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John Cameron

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Keller Williams Neighbourhood Realty - Realtor Licensed in Ontario Copyright 2000-2019 Keller Williams Realty. - a real estate franchise company. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. Each brokerage is independently owned and operated.

I have been in business for 30+ years helping my clients to be a success! Thank you, kindly, John Cameron
John Cameron, Honours BBA, Realtor, Sales Representative | john@johncameronTeam.com | Cell: (416) 399-9715 | Office: (416) 236-1392
Copyright © 2018 John Cameron. Sales Representative - Keller Williams Neighbourhood Realty - Realtor.