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Toronto Real Estate Board President Paul Etherington announced a 9.6 per cent year-over-year increase in home sales reported by Greater Toronto Area REALTORS® during the first 14 days of May. There were 5,655 sales reported in the first two weeks of May 2015 compared to 5,160 sales during the same period in May 2014.
Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 11,303 sales in April 2015. This was the highest sales result on record for the month of April and represented a 17 per cent increase in comparison to April 2014. While sales increased strongly on a year-over-year basis, new listings were up over the same period by a more moderate five per cent.
Toronto Real Estate Board President Paul Etherington announced that TREB Commercial Network Members reported a strong year-over-year increase in leasing activity through TREB’s MLS® system in April. Combined industrial, commercial/retail and office space leased on a per square foot net basis, with pricing disclosed, was up by 79 per cent in comparison to the same period last year.