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Real Estate, Real Estate Reports, Featured, February 2019, Hamilton, Toronto Real Estate

February 2019 // Toronto Real Estate Market Report (Toronto West, Central & East)

March 10, 2019

The New Street February 2019 Toronto Real Estate Report (Toronto West, Central & East) //

 

 

 

The New Street February 2019 Toronto West Real Estate Report

 

๐Ÿ“Š The average price of a home in Toronto West was $743,312 in February
๐Ÿ“Š This figure is up by 9.4% from the previous month of January 
๐Ÿ“Š Up 4.7% from February 2018
๐Ÿ“Š Condos at Condo Towns saw the highest jump, up 10-12% from last year

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๐Ÿ“Š Sales volume was up from last month by 26% but just shy off last year by about 8% 
๐Ÿ“Š Detached homes saw a 15% dip in sales meanwhile townhomes jumped by 27% 

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๐Ÿ“Š There is currently 1.9 months of supply on the market and the average sales to listing price ratio is 100%

 

 

 

The New Street February 2019 Toronto Central Real Estate Report

 

๐Ÿ“Š The average price of a home in the Central part of Toronto was $947,319 in February
๐Ÿ“Š This figure is up by 7.5% from the previous month of January 
๐Ÿ“Š Up 6.2% from February 2018
๐Ÿ“Š Townhomes saw the largest jump, up 41% from last year. 
๐Ÿ“Š Condos were up about 8%

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๐Ÿ“Š Sales volume was 913 and up from last month by about 40% but just shy off last year by about 7% 
๐Ÿ“Š Sales of Semis saw the largest jump with 63 sales, up 58% from last year
๐Ÿ“Š All other product types were down, with condos seeing a drop of 9% 

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๐Ÿ“Š There is currently 2.1 months of supply on the market and the average sales to listing price ratio is 99%

 

The New Street February 2019 Toronto East Real Estate Report

 

๐Ÿ“Š The average price of a home in the Toronto East was $733,970 in February
๐Ÿ“Š This figure is up by 4.8% from the previous month of January 
๐Ÿ“Š Down 1% from February 2018
๐Ÿ“Š Condo Towns saw the largest jump in price, up more than 10% amongst the 36 sales 
๐Ÿ“Š Townhomes were down 22% meanwhile condos were up 6%

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๐Ÿ“Š Sales volume was 448 and up from last month by about 26% but just shy off last year by about 5% 
๐Ÿ“Š Sales of Semis saw the largest jump with 63 sales, up 8.6% from last year. Condos were up by a mere 3% in sales.
๐Ÿ“Š All other product types were down, with towns dropping by 22% and detached homes down by 12%.

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๐Ÿ“Š There is currently 1.8 months of supply on the market and the average sales to listing price ratio is 103%

 

 

Robert Jendrzejczaks

As the Founder of New Street, Robert is passionate about optimizing the customer experience. He is a stickler for real-world business results. Rob has developed deep insights into the market and an insider perspective of what homebuyers are looking for these days. When heโ€™s not helping New Street clients, heโ€™s probably catching a run while purposefully ignoring the stop signs. Follow robertj.ca on Instagram.

All Stories By : Robert Jendrzejczaks

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Is Money Laundering driving prices in the Toronto Real Estate Market?
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Is money-laundering making it harder to buy a home? A shocking report by Transparency International Canada finds $28.4 billion of residential purchasers since 2008 were done through corporate entities, which may be shielding illegal or less-than-above-board buyers, raising prices for the rest

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    The New Street March 2019 Oakville Real Estate Report //   ๐Ÿ“Š The average price of a home in Oakville was $1,011,664 in March๐Ÿ“Š This figure is up by 2.6% from the previous month of February ๐Ÿ“Š Down 1.7% from March 2018๐Ÿ“Š

Read more
February 2019 // 36 Stats // 12 Months // 3 Regions // 1 Greenbelt
February 2019 // 36 Stats // 12 Months // 3 Regions // 1 Greenbelt March 2019
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  The New Street February 2019 // 36 Stats // 12 Months // 3 Regions // 1 Greenbelt // Report   ๐Ÿ“Š The average price of a home in the Toronto Region was $780,397 in February 2019๐Ÿ“Š The average price of a home in the Hamilton Region was $517,439 in February 2019๐Ÿ“Š The average price of a home in the Niagara Region was $454,107 in February 2019 ๐Ÿ“Š YoY The Niagara has seen the highest increase, up 15.6% from last year due to its affordability๐Ÿ“Š Toronto & Hamilton show steady increases on both a monthly and annual basis ๐Ÿ“Š The average price

  The New Street February 2019 // 36 Stats // 12 Months // 3 Regions // 1 Greenbelt // Report   ๐Ÿ“Š The average price of a home in the Toronto Region was $780,397 in February 2019๐Ÿ“Š The average price of a home in the Hamilton Region was $517,439 in February 2019๐Ÿ“Š 

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