| Real Estate Newsletter January 2020 |
TORONTO, January 7, 2020-Toronto Real Estate Board President Michael Collins reported that December 2019 residential sales reported through TREB’s MLS® Systemby GreaterToronto Area REALTORS®were up by 17.4 per cent year-over-year to 4,399.Total sales for calendar year 2019 amounted to 87,825 –up by 12.6 per cent compared to the decade low 78,015 sales reported in 2018.On an annual basis, 2019 sales were in line with the median annual sales result for the past decade.
While sales were up in 2019, the number of new listings entered into TREB’s MLS® System was down by 2.4 per cent year-over-year.
The MLS® Home Price Index Composite Benchmark was up by 7.3 per cent on a year-over-year basis in December 2019. From June 2019 onward, the annual growth rate in the MLS® HPI Composite Benchmark accelerated.
The average selling price in December 2019 was $837,788 –up almost 12 per cent year-over-year. For calendar year 2019, the average selling price was $819,319 –up by four per cent compared to $787,856 in 2018.
Sold Statistical Summary for December /2019
Municipality Sold / Month Avg$ / Month
Aurora 54 $836,583
East Gwillimbury 37 $765,349
Georgina 50 $545,726
King 17 $1,490,782
Newmarket 66 $805,347
Brampton 486 $745,878
Mississauga 398 $796,734
Toronto C02 37 $1,416,954
Toronto C08 98 $785,652
Toronto C14 81 $1,060,759
Toronto C15 97 $757,778
Aurora Ontario Historic Site
The Aurora Site, also known as the "Old Fort," "Old Indian Fort," "Murphy Farm" or "Hill Fort" site, is a sixteenth-century Huron-Wendat ancestral village located on one of the headwater tributaries of the East Holland River on the north side of the Oak Ridges Moraine in present-day Whitchurch–Stouffville, approximately 30 kilometres north of Toronto.
This Huron ancestral village was located on 3.4 hectares (8.4 acres) of land and the settlement was fortified with multiple rows of palisades. The community arrived ca. 1550, likely moving en masse from the so-called Mantle Site located nine kilometres to the south-east in what is today urban Stouffville. The Aurora/Old Fort site is located at the south-east corner of Kennedy Road and Vandorf Side Road, east of the hamlet of Vandorf in the town of Whitchurch–Stouffville. The Aurora site was occupied at the same time as the nearby Ratcliff site. Read more ....
Toronto PATH- 28 km of Underground Walking Walkways
The PATH is a mostly underground pedestrian walkway network in downtown Toronto that spans more than 30 kilometres of restaurants, shopping, services and entertainment.The walkway facilitates pedestrian linkages to public transit, accommodating more than 200,000 business-day commuters as well as tourists and residents. The PATH provides an important contribution to the economic viability of the city’s downtown core.According to the official history.'The first underground path in Toronto originated in 1900...
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Liliana Usvat- Sales Representative Toronto 1/7/2020