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Welcome to Real Estate in Davisville in 2012 !When you are thinking of Selling or Buying in Toronto, Adam Saunders can help. Give Adam a call at 416-575-6900 in order to obtain confidential consultation. Adam will work in partnership with you to ensure you get the best support possible, whether buying, selling or leasing property. Sellers may contact Adam for a confidential Valuation of their property. Adam's knowledge of Toronto and the numerous communities within our vibrant city is extensive, having lived and worked in the city all of his life.
His role in the process of selling or buying is to ensure the transactions are as smooth and as stress free as possible. Adam will provide capable guidance and insight to your benefit. Adam can recommend lawyers, home inspectors, mortgage brokers, insurance brokers, movers, home staging and more, as your needs dictate. Adam takes your satisfaction personally and looks forward to being of service to you. He will thank you for that opportunity.
Click here for an automated property valuation.
At the launch of the SPRING Market over one month ago, two upgraded 2 storey SEMI-DETACHED houses were listed at over $849,000 and $900,000 respectively, and both SOLD in days for over ONE MILLION dollars. The SPRING Market, "enhanced version" is upon us in Davisville. These houses were upgraded in many ways, and have sold well above the local average semi-detached price. An upgraded detached house sold for a "local-high" of just over $1.7mil. It may be a decent time to sell !!
Market Remains Tight with Sales Up in April
TORONTO, May 3, 2012 – Greater Toronto REALTORS® reported 10,350 transactions through the TorontoMLS system in April 2012. This level of sales was 18 per cent higher than the 8,778 firm deals reported in April 2011. The strongest sales growth was reported in the single-detached market segment, with transactions of this home type up by 22 per cent compared to a year ago."Interest in single-detached homes has been very high, both in the City of Toronto and surrounding regions. Growth in single-detached listings has not kept up with demand, which means competition between buyers in this market segment increased. With this in mind, it was no surprise that the strongest annual price increase was also experienced in the single-detached segment," said Toronto Real Estate Board President.
The average price for April 2012 transactions was $517,556 – up 8.5 per cent compared to April 2011. While price growth was strongest for single-detached homes, the better-supplied condominium apartment segment experienced a more moderate annual rate of price growth, at four per cent.)
"Monthly mortgage payments remain affordable for home buyers in the Greater Toronto Area. While interest rates are generally expected to increase over the next two years, the extent and timing of rate hikes has been thrown into question by slower than expected economic growth in the first quarter of this year. On net, borrowing costs are expected to remain a positive factor influencing home sales through 2012," said Jason Mercer, TREB’s Senior Manager of Market Analysis.(extract from TREB Market Watch.)
Periodic Sales Comparisons for Davisville.
Davisville 2011 Year End Comparison, Against 2010, 2009 and 2008 Sales.
4th Quarter 2011
3rd Quarter 2011
Strong finish to 3rd Quarter
"Strong price growth through the first nine months of the year was mitigated to a great degree by low interest rates and rising incomes," said the Toronto Real Estate Board's Senior Manager of Market Analysis Jason Mercer. "As buyers continue to take advantage of the affordable home ownership options in the GTA, we remain on pace for the second best year for sales under the current TREB market area."
2nd Quarter 2011
Strong June
“The strong June result capped off an interesting first half of 2011,” said Toronto Real Estate Board President Richard Silver. “The pace of sales was a bit sluggish at the beginning of the year, but rebounded in May and June. Because of the positive affordability picture, home buyers remained confident in their ability to purchase and pay for a home over the long term.”
1st Quarter 2011
Year End (2010) Sales Comparison in Davisville.
Davisville 2009 Year End Comparison, Against 2008 Sales.
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