多伦多房价也终于跌了

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Changing GTA Resale Housing Market Reflects Economic Times

. n& K8 j* q1 N$ Z) X# `TORONTO, October 17, 2008 - Activity in the Greater Toronto Area resale housing market
" d7 g+ K3 w/ P0 L1 U/ w, l/ `4 H! ]moderated considerably during the first half of October with 2,700 homes changing hands,
Toronto Real Estate Board President Maureen O’Neill announced today.
3 [# b! S4 R- Q8 PSales volumes in the GTA decreased 18 per cent compared to the first half of October 2007,
3 R( G  [4 o/ z+ O/ pwhen 3,297 transactions were recorded and are down 10 per cent compared to the same period
  `+ q* o6 W7 `7 e. ]1 I# Kin 2006 when 3,007 sales took place.
! W" `3 D) T: p4 V2 ^In the City of Toronto 1,140 sales took place in the first half of this month. This represents a 21
per cent decline from the 1,446 sales that took place in the same period a year ago and a 13 per
0 R; K. B* Z, acent decrease from the 1,312 transactions recorded in the first half of October 2006.
. C% N# T7 @* w, P0 KIn the 905 Region there were 1,560 sales in the first two weeks of this month, a 16 per cent
3 o, x* j+ K& l: A1 J5 [decrease from the 1,851 transactions that took place during the same timeframe in 2007 and
  Q5 L" x6 R% ddown eight per cent from the 1,695 homes sold during the first half of October 2006.
4 K& @) q9 p% T; r* q+ jHouse prices declined throughout the GTA during the first half of the month. The average price
of a GTA home is currently $353,772, down 11 per cent from $399,013 recorded the comparable
3 s4 r! w% u! k! `4 g' |8 \% xperiod in 2007.
0 `/ |* \3 C% [. K* ~In the City of Toronto the current average price $375,804, a 15 per cent decrease from the
, s0 [1 o) A, s8 v' {8 b; j$441,878 average recorded at mid-October 2007.
In the 905 Region the average price of a home is currently $337,671. This represents an eight
per cent decline from the $365,527 average recorded during the first half of October 2007.
With 27,559 properties currently listed on the TorontoMLS system, there is now 30 per cent
0 n: f' h0 K. Q. vmore available stock from which to choose as compared to a year ago when 21,182 homes were
listed.
9 f. T; {: o1 B3 g8 u) z“More choice can mean slightly longer wait times for sellers whose homes are now on average,
) O) a5 b2 }+ Nselling after 34 days on the market as compared to 29 days a year ago,” said Ms. O’Neill. “The
list to sales ratio is 97 per cent of the list price.”

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