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Toronto - Real Estate Newsletter October 2020

TORONTO, ONTARIO, October 6, 2020–Toronto Regional Real Estate Board President Lisa Patel announced that sales reported through TRREB’s MLS® System by Greater Toronto Area REALTORS® amounted to 11,083 –a new record for the month of September.
This result was up by 42.3 per cent compared to September 2019.
Following a record third quarter, sales through the first nine months of 2020 were up by approximately one per cent compared to the same period in 2019.“Improving economic conditions and extremely low borrowing costs sustained record-level sales in September, as we continued to account for the substantial amount of pent-up demand that resulted from the spring downturn. Further improvements in the economy, including job growth, would support strong home sales moving forward.

According to MLS data the average prices of houses for September 2020 in Toronto (416) area $ 1,022,051 and were recorded 3,555 sales, compared with the average price in September 2019 of $913,018 when there were recorded 2,987 sales , in (905) area the average price for September 2020 is $931,834 and MLS recorded 7,528 sales while during 2019 the average price of properties was 798,526 and therre were recorded 4,804 sales.

MLS Sold Statistical Summary for 9/30/2020

Municipality Sold / Month Avg$ / Month

Aurora 151 $1,126,908
Georgina 135 $704,944
King 60 $1,560,334
Markham 472 $1,067,739
Newmarket 201 $917,234
Richmond Hill 355 $1,154,125
Burlington 356 $915,994
Oakville 403 $1,410,098
Brampton 1142 $861,877
Mississauga 1064 $908,537
Toronto C01 238 $851,261
Toronto C02 41 $1,232,446
Toronto C08 116 $802,866
Toronto C10 27 $1,003,222
Toronto C13 34 $802,547
Toronto C14 73 $775,396
Toronto C15 93 $767,170


www.lilianausvat.com | Tel 416-708-7454| E- mail lilianausvat@yahoo.com | Homelife Eagle Realty Inc Brokerage




Liliana Usvat     10/7/2020


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