Real Estate Stats GTA/Uxbridge

October 2016 Home Sales Up Year-Over-Year
GTA is setting a Record Pace!

TORONTO, November 3, 2016 – Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported a record 9,768 sales through TREB's MLS® System in October 2016 – up by 11.5 per cent compared to October 2015. For the TREB market area as a whole, the largest annual rate of sales growth was in the condominium apartment market segment. Detached home sales were up by 10 per cent year-over-year, driven predominantly by transactions in the regions surrounding Toronto.

“The record pace of GTA home sales continued in October, with strong growth observed throughout the month. As we move through November and December, we will be watching the sales and listings trends closely, in light of the recent policy changes announced by the Federal Minister of Finance. TREB will once again be conducting consumer survey work, in order to report on home buying intentions for 2017,” said Mr. Cerqua.

The MLS® Home Price Index Composite Benchmark was up by 19.7 per cent on a year- over-year basis in October 2016. Similarly, the average selling price for all home types combined was $762,975 – up 21.1 per cent over the same time period. Double-digit increases were experienced for all major home types for the TREB Market Area as a whole.

“New listings were up slightly in October compared to last year, but not nearly enough to offset the strong sales growth. This meant that seller’s market conditions continued to prevail as buyers of all home types experienced intense competition in the marketplace. Until we experience sustained relief in the supply of listings, the potential for strong annual rates of price growth will persist, especially in the low-rise market segments,” said Jason Mercer, TREB’s Director of Market Analysis. 



UXBRIDGE, November 3, 2016  - The average selling price for all home types for the Township of Uxbridge combined was $745,988 - up 22.7% year-to-date.   There were 31 sales reported in October compared to 36 in October 2015 down 14%.  New listing for the month were 42 compared to 40 in October 2015 and increase of 5%.  However there were 82 active listings in Uxbridge for October 2015 well over the 53 listings on the market in 2016.   With the tight supply prices are still increasing and homes are selling quickly (the average days on market October 2016 are 17 days, 10 days shorted that in 2015)

From the Toronto Real Estate Board Market Watch, October 2016

October Home Checklist

To-Dos: Your October Home Checklist

Clean up fallen leaves and branches and get your home ready for more time spent indoors.

VICTORIA KEICHINGERYESTERDAY

Houzz Contributor, Laura Gaskill

The leaves are falling, the farmer’s markets are bustling and the cozy comforts of home beckon — it must be October. Make the most of this month’s bountiful harvest, get some exercise raking leaves in the brisk air and button down your house in preparation for winter. Then sit back, relax and warm your hands around a mug of hot apple cider. Fall is here.

Photo by Connor Homes – More traditional exterior photos

1. Rake leaves. To make quicker work of collecting leaves from a large lawn, rake the fallen foliage onto a large plastic tarp. Then bag it or add it to your compost pile.

2. Trim dead tree limbs. Dead limbs are more likely to fall during winter storms, making them a potential safety hazard. Have an arborist inspect and trim large trees.

3. If you haven’t already, clean gutters and downspouts. Wait until most of the leaves have fallen to schedule a rain gutter cleaning. Inspect gutters and downspouts for cracks and loose parts and make repairs as needed.

It’s Time to Clean Your Gutters — Here’s How

Photo by SHED Architecture & Design – Browse contemporary entryway photos

4. Neaten up the mudroom. The back-to-school (and work) flurry can leave the mudroom looking as if a hurricane hit it. Take some time to regain sanity — sort through papers and put away stray summer items and extra coats. Clean the floors and invest in a new doormat if needed. Keep a recycling basket near the entrance to make sorting mail and school papers easier, and dedicate a tote or bin for items that need to be returned (like library books).

Mudrooms That Really Clean Up

Photo by Brilliant! Lighting & Design – Search traditional porch design ideas

5. Keep seasonal decorating low-key with natural finds. Pumpkins and gourds, fresh heirloom apples, quinces, pomegranates, figs and fall foliage all make wonderfully simple decor.

Bring in cut branches from your yard, stop by a pick-your-own farm or scoop up fall’s bounty at a farm stand.

Browse the Houzz fall decorating page

Photo by David Butler Photography – Look for Scandinavian living room design inspiration

6. Maintain your wood stove or fireplace. If you have a fireplace or wood stove, it’s essential for safety that you have it serviced before lighting the first fire of the season. If you haven’t done so already, schedule an appointment to have your chimney inspected and, if necessary, cleaned.

Photo by Cummings Architects – Browse farmhouse kitchen ideas

7. Check safety devices. Test all smoke and carbon monoxide detectors in the house and replace batteries as needed. Check the expiration date on the kitchen fire extinguisher and replace it if needed.

Photo by Norton Commons – Discover traditional dining room design ideas

8. Start a gift list. It may seem like the holidays are a long way off — but that’s why it pays to start getting organized now. Start a list of everyone you plan to give gifts to this year. Then, as ideas strike, jot them down on your list. You can also use your list to keep track of a holiday gifting budget. And if you want to make any gifts by hand, October is a great time to get started — handmade gifts always seem to take longer to make than expected.

Photo by Alderwood Landscape Architecture and Construction – Discover traditional patio design inspiration

9. Cover or store outdoor furniture and grills. If you plan to leave your patio furniture or grill outside through the fall and winter, cover them well and stow them beneath an overhang that will protect them from rain and snow. Even if you live in a mild climate, covering your grill between uses is a good idea to protect the finish.

Photo by Moore Architects, PC – More traditional exterior ideas

10. Shut off exterior faucets and store hoses for winter. Disconnect, drain and roll hoses before storing them for the winter. Shut off the water supply to exterior faucets to prevent frozen pipes.

Tell us: What’s on your to-do list this October?

More: Start the Season Right With Some Fall Cleaning To-Dos

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