susan’s market update sold · the kingsway / old mill - market watch * statistics are from 2662...
TRANSCRIPT
Sutton Group - Old Mill Realty Inc.4237 Dundas St W., Toronto, ON M8X 1Y3t. 416.234.2424 • c. [email protected]
Susan’s MARKET UPDATE SOLDBY SUSAN(Kensington I & Kensington II)
SUSAN STERBINSKYsales representative
B.A.
T H E K I N G S WAY / O L D M I L L M AR K E T U PDAT E
ArriveAtHome.com 416.234.2424
• Unit 101 (twice)• Unit 103• Unit 104• Unit 107• Unit 108• Unit 201
(buyer’s agent)• Unit 204 (twice)• Unit 206 (twice)• Unit 208• Unit 209• Unit 211• Unit 302
(buyer’s agent)
• Unit 303• Unit 304 • Unit 306• Unit 309• Unit 310 (twice)• Unit 401 (twice)• Unit 407 (twice)• Unit 408• Unit 409• Unit 410• Unit 503• Unit 506 (twice)• Unit 508• Unit 509 (twice)
• Unit 510• PH1 (twice)• PH2• PH4• PH5• PH6• PH 7
(Kensington I)• PH 7
(Kensington II)• PH8
Sincerely,
Bank of Canada reveals latest interest rate decision. The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. At a decision September 4th, policy makers left interest rates unchanged for a seventh straight meeting and said stronger
stimulus are where they should be. That’s despite the escalating trade war between China and the U.S. undermining global economic momentum.The Bank of Canada’s reluctance to signal a greater willingness to cut rates -- which makes it an outlier as counterparts around the world ease policy -- may come as a surprise to some investors and analysts who had expected more dovish language and some easing later this year. The Canadian dollar rose
to “global developments and their impacts on the outlook for Canadian
As your real estate agent, I can provide insight and guidance when navigating
process and assist with all your real estate needs.
Not intended to solicit buyers or sellers under contract
with a brokerage. Statistics courtesy of the TREB.
Copyright © 2019 CF&R Services Inc. 905-426-3891
cfrservices.com B6001
THE KINGSWAY / OLD MILL - MARKET WATCH
* statistics are from 2662 Bloor Street, 2885 Bloor Street, 10 Old Mill Trail, 12 Old Mill Trail & 30 Old Mill Rd.
650,000 700,000 750,000 800,000 850,000
GTA Resale Home Sales (Average Price) - August
2019
2018
2017
2016
6,000 7,000 8,000 9,000 10,000
GTA Resale Home Sales (Units Sold) - August
2019
2018
2017
2016
TREB President announced that GTA REALTORS® reported 7,711 residential sales through TREB’s MLS® System in August 2019. This result represented a 13.4 per cent increase compared to 6,797 sales reported in August 2018. On a month over- month basis, after preliminary seasonal adjustment, sales were up by 0.8 per cent.
GTA-wide sales were up on a year-over-year basis for all major market segments, with annual rates of sales growth strongest for low-rise home types including detached houses. This
expensive home types was very low in 2018 and has rebounded to a certain degree in 2019, albeit not back to the record levels experienced in 2016 and
Market conditions also became tighter in August 2019 compared to a year ago because, while sales were up year-over-year, new listings were down by three per cent over the same time period to 11,789. Year-to-date, growth in sales has well outstripped growth in new listings. This is why overall active listings counted at the end of August were down by more than 11 per cent
compared to August 2018.
The MLS® Home Price Index Composite Benchmark for August 2019 was up by 4.9 per cent on a year-over-year basis. The average selling price, at $792,611 in August 2019, was up by 3.6 per cent year-over-year. Both the MLS® HPI benchmark prices and average selling prices were up on an annual basis for major market segments. The condominium apartment segment continued to lead the way in terms of price growth, followed by higher
detached houses.
Thank you for recommending
your friends and family to
me. It means so much!
DEMAND FOR MORE EXPENSIVE HOME TYPES IS ON THE REBOUND
LUXURY LOW RISE ATTHE OLD MILL
Beautifully Updated Suite - Approx. 1350 Sq. Ft.! Hardwood Flooring, Wainscotting, Pot Lights - Many Quality Updates! Formal
Dining Room! Coffered Ceiling! Two Walk-Outs To Very Large Balcony - Approx. 300 Sq. Ft.! Clear Treed Views! Sunny South Exposure! Steps To Subway, The Old Mill Inn & Spa And Parks!
JUST LISTED AWARD WINNING KENSINGTON 1
SOLD
in one day!!!
1100 - 1500 sq. ft.2 Bed, 2 Bath 3 1,193,500$ 1,230,500$ 31
1500 - 2000 sq. ft.2 Bed, 3 Bath 3 2,198,333$ 2,450,000$ 9
2+ Bed, 3 Bath 2 2,039,500$ 2,280,000$ 18
Total 8
Latest 6 Month Recap of SoldsMarch 2019 - August 2019
# sold avg price high price days onmarket
Sutton Group - Old Mill Realty Inc.4237 Dundas St W., Toronto, ON M8X 1Y3t. 416.234.2424 • c. [email protected]
Susan’s MARKET UPDATE SOLDBY SUSAN(Kensington I & Kensington II)
SUSAN STERBINSKYsales representative
B.A.
T H E K I N G S WAY / O L D M I L L M AR K E T U PDAT E
ArriveAtHome.com 416.234.2424
• Unit 101 (twice)• Unit 103• Unit 104• Unit 107• Unit 108• Unit 201
(buyer’s agent)• Unit 204 (twice)• Unit 206 (twice)• Unit 208• Unit 209• Unit 211• Unit 302
(buyer’s agent)
• Unit 303• Unit 304 • Unit 306• Unit 309• Unit 310 (twice)• Unit 401 (twice)• Unit 407 (twice)• Unit 408• Unit 409• Unit 410• Unit 503• Unit 506 (twice)• Unit 508• Unit 509 (twice)
• Unit 510• PH1 (twice)• PH2• PH4• PH5• PH6• PH 7
(Kensington I)• PH 7
(Kensington II)• PH8
Sincerely,
Bank of Canada reveals latest interest rate decision. The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. At a decision September 4th, policy makers left interest rates unchanged for a seventh straight meeting and said stronger
stimulus are where they should be. That’s despite the escalating trade war between China and the U.S. undermining global economic momentum.The Bank of Canada’s reluctance to signal a greater willingness to cut rates -- which makes it an outlier as counterparts around the world ease policy -- may come as a surprise to some investors and analysts who had expected more dovish language and some easing later this year. The Canadian dollar rose
to “global developments and their impacts on the outlook for Canadian
As your real estate agent, I can provide insight and guidance when navigating
process and assist with all your real estate needs.
Not intended to solicit buyers or sellers under contract
with a brokerage. Statistics courtesy of the TREB.
Copyright © 2019 CF&R Services Inc. 905-426-3891
cfrservices.com B6001
Sutton Group - Old Mill Realty Inc.4237 Dundas St W., Toronto, ON M8X 1Y3t. 416.234.2424 • c. [email protected]
Susan’s MARKET UPDATE SOLDBY SUSAN(Kensington I & Kensington II)
SUSAN STERBINSKYsales representative
B.A.
T H E K I N G S WAY / O L D M I L L M AR K E T U PDAT E
ArriveAtHome.com 416.234.2424
• Unit 101 (twice)• Unit 103• Unit 104• Unit 107• Unit 108• Unit 201
(buyer’s agent)• Unit 204 (twice)• Unit 206 (twice)• Unit 208• Unit 209• Unit 211• Unit 302
(buyer’s agent)
• Unit 303• Unit 304 • Unit 306• Unit 309• Unit 310 (twice)• Unit 401 (twice)• Unit 407 (twice)• Unit 408• Unit 409• Unit 410• Unit 503• Unit 506 (twice)• Unit 508• Unit 509 (twice)
• Unit 510• PH1 (twice)• PH2• PH4• PH5• PH6• PH 7
(Kensington I)• PH 7
(Kensington II)• PH8
Sincerely,
Bank of Canada reveals latest interest rate decision. The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. At a decision September 4th, policy makers left interest rates unchanged for a seventh straight meeting and said stronger
stimulus are where they should be. That’s despite the escalating trade war between China and the U.S. undermining global economic momentum.The Bank of Canada’s reluctance to signal a greater willingness to cut rates -- which makes it an outlier as counterparts around the world ease policy -- may come as a surprise to some investors and analysts who had expected more dovish language and some easing later this year. The Canadian dollar rose
to “global developments and their impacts on the outlook for Canadian
As your real estate agent, I can provide insight and guidance when navigating
process and assist with all your real estate needs.
Not intended to solicit buyers or sellers under contract
with a brokerage. Statistics courtesy of the TREB.
Copyright © 2019 CF&R Services Inc. 905-426-3891
cfrservices.com B6001
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THE KINGSWAY / OLD MILL - MARKET WATCH
* statistics are from 2662 Bloor Street, 2885 Bloor Street, 10 Old Mill Trail, 12 Old Mill Trail & 30 Old Mill Rd.
650,000 700,000 750,000 800,000 850,000
GTA Resale Home Sales (Average Price) - August
2019
2018
2017
2016
6,000 7,000 8,000 9,000 10,000
GTA Resale Home Sales (Units Sold) - August
2019
2018
2017
2016
TREB President announced that GTA REALTORS® reported 7,711 residential sales through TREB’s MLS® System in August 2019. This result represented a 13.4 per cent increase compared to 6,797 sales reported in August 2018. On a month over- month basis, after preliminary seasonal adjustment, sales were up by 0.8 per cent.
GTA-wide sales were up on a year-over-year basis for all major market segments, with annual rates of sales growth strongest for low-rise home types including detached houses. This
expensive home types was very low in 2018 and has rebounded to a certain degree in 2019, albeit not back to the record levels experienced in 2016 and
Market conditions also became tighter in August 2019 compared to a year ago because, while sales were up year-over-year, new listings were down by three per cent over the same time period to 11,789. Year-to-date, growth in sales has well outstripped growth in new listings. This is why overall active listings counted at the end of August were down by more than 11 per cent
compared to August 2018.
The MLS® Home Price Index Composite Benchmark for August 2019 was up by 4.9 per cent on a year-over-year basis. The average selling price, at $792,611 in August 2019, was up by 3.6 per cent year-over-year. Both the MLS® HPI benchmark prices and average selling prices were up on an annual basis for major market segments. The condominium apartment segment continued to lead the way in terms of price growth, followed by higher
detached houses.
Thank you for recommending
your friends and family to
me. It means so much!
DEMAND FOR MORE EXPENSIVE HOME TYPES IS ON THE REBOUND
LUXURY LOW RISE ATTHE OLD MILL
Beautifully Updated Suite - Approx. 1350 Sq. Ft.! Hardwood Flooring, Wainscotting, Pot Lights - Many Quality Updates! Formal
Dining Room! Coffered Ceiling! Two Walk-Outs To Very Large Balcony - Approx. 300 Sq. Ft.! Clear Treed Views! Sunny South Exposure! Steps To Subway, The Old Mill Inn & Spa And Parks!
JUST LISTED AWARD WINNING KENSINGTON 1
SOLD
in one day!!!
1100 - 1500 sq. ft.2 Bed, 2 Bath 3 1,193,500$ 1,230,500$ 31
1500 - 2000 sq. ft.2 Bed, 3 Bath 3 2,198,333$ 2,450,000$ 9
2+ Bed, 3 Bath 2 2,039,500$ 2,280,000$ 18
Total 8
Latest 6 Month Recap of SoldsMarch 2019 - August 2019
# sold avg price high price days onmarket
THE KINGSWAY / OLD MILL - MARKET WATCH
* statistics are from 2662 Bloor Street, 2885 Bloor Street, 10 Old Mill Trail, 12 Old Mill Trail & 30 Old Mill Rd.
650,000 700,000 750,000 800,000 850,000
GTA Resale Home Sales (Average Price) - August
2019
2018
2017
2016
6,000 7,000 8,000 9,000 10,000
GTA Resale Home Sales (Units Sold) - August
2019
2018
2017
2016
TREB President announced that GTA REALTORS® reported 7,711 residential sales through TREB’s MLS® System in August 2019. This result represented a 13.4 per cent increase compared to 6,797 sales reported in August 2018. On a month over- month basis, after preliminary seasonal adjustment, sales were up by 0.8 per cent.
GTA-wide sales were up on a year-over-year basis for all major market segments, with annual rates of sales growth strongest for low-rise home types including detached houses. This
expensive home types was very low in 2018 and has rebounded to a certain degree in 2019, albeit not back to the record levels experienced in 2016 and
Market conditions also became tighter in August 2019 compared to a year ago because, while sales were up year-over-year, new listings were down by three per cent over the same time period to 11,789. Year-to-date, growth in sales has well outstripped growth in new listings. This is why overall active listings counted at the end of August were down by more than 11 per cent
compared to August 2018.
The MLS® Home Price Index Composite Benchmark for August 2019 was up by 4.9 per cent on a year-over-year basis. The average selling price, at $792,611 in August 2019, was up by 3.6 per cent year-over-year. Both the MLS® HPI benchmark prices and average selling prices were up on an annual basis for major market segments. The condominium apartment segment continued to lead the way in terms of price growth, followed by higher
detached houses.
Thank you for recommending
your friends and family to
me. It means so much!
DEMAND FOR MORE EXPENSIVE HOME TYPES IS ON THE REBOUND
LUXURY LOW RISE ATTHE OLD MILL
Beautifully Updated Suite - Approx. 1350 Sq. Ft.! Hardwood Flooring, Wainscotting, Pot Lights - Many Quality Updates! Formal
Dining Room! Coffered Ceiling! Two Walk-Outs To Very Large Balcony - Approx. 300 Sq. Ft.! Clear Treed Views! Sunny South Exposure! Steps To Subway, The Old Mill Inn & Spa And Parks!
JUST LISTED AWARD WINNING KENSINGTON 1
SOLD
in one day!!!
1100 - 1500 sq. ft.2 Bed, 2 Bath 3 1,193,500$ 1,230,500$ 31
1500 - 2000 sq. ft.2 Bed, 3 Bath 3 2,198,333$ 2,450,000$ 9
2+ Bed, 3 Bath 2 2,039,500$ 2,280,000$ 18
Total 8
Latest 6 Month Recap of SoldsMarch 2019 - August 2019
# sold avg price high price days onmarket