KW NEWS

John Cameron

Toronto Market Stats - September 2019


TREBToronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,825 sales through TREB's MLS® System in September 2019. This result represented strong year-over-year sales growth of 22 per cent compared to 6,414 sales reported in September 2018. It is important to note, however, that sales remain well-below the record September 2016 peak of more than 9,800 sales.

On a preliminary seasonally adjusted basis, the September 2019 sales level remained in virtually the same as the August 2019 result.

The supply of listings continued to be a concern in September 2019, with new listings down by 1.9 per cent year-over-year to 15,611. We have experienced multiple months this year wherein the annual rate of sales growth outpaced the annual rate of new listings growth, resulting in the overall number of active listings at month-end being well-below last year's levels. This speaks to tightening market conditions and an accelerating annual rate of price growth.

The annual rate of price growth in September reached the highest point so far in 2019. The MLS® Home Price Index (HPI) Composite Benchmark was up by 5.2 per cent on a year-over-year basis in September. The average selling price for all home types combined was up by a similar annual rate of 5.8 per cent to $843,115.

On a preliminary seasonally adjusted basis, the September 2019 average selling price was up by 1.2 per cent compared to August 2019.

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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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 © 2019 John Cameron. Sales Representative - Keller Williams Neighbourhood Realty - Realtor.