Real Estate Newsletter

Liliana Usvat - B. Sc. Eng.
Sales Representative

Residential and (ICI) Investment
Homelife Eagle
Realty Inc.

Cell: 416-708-7454
Tel: 905-773-7771
Web: www.lilianausvat.com
E-mail: lilianausvat@yahoo.com

Call for a Free Over the Phone Home Evaluation

Ask for Liliana Usvat


Serving York Region and Toronto Areas

Market Watch
In November 2016, Ipsos undertook a survey of existing homeowners in the GTA on behalf of TREB. Of the 2,500 households surveyed, 1,000 had purchased a home in the previous 12 months. These 1,000 households were considered the “recent buyers” for the purposes of producing a 2016 recent buyer profile for this report. 

Sold Statistical Summary for November /2017
Municipality Sold / Month Avg$ / Month
Aurora 56 $922,430.00
East Gwillimbury 27 $726,037.00
Georgina 74 $528,717.00
King 27 $1,632,630.00
Newmarket 102 $824,585.00
Richmond Hill 199 $948,453.00
Brampton 720 $655,332.00
Mississauga 759 $673,094.00
Burlington 208 $710,662.00
Milton 193 $690,824.00
Oakville 259 $1,047,266.00
Toronto C01 497 $673,301.00
Toronto C02 69 $1,395,690.00
Toronto C06 35 $716,862.00
Toronto C08 173 $665,836.00
Toronto C14 141 $838,195.00
Toronto C15 121 $594,988.00

On average, recent home buyers reported a purchase price of $672,023, which falls within the range of a typical home price for 2016, as measured by the MLS® HPI Composite Benchmark Price.

This result was up by 13.5 per cent compared to the average price reported to Ipsos by recent home buyers in 2015, at $591,790.

The average down payment percentage was approximately 29 per cent for households that purchased a home over the last 12 months – almost identical to the result reported by Ipsos for 2015. Typically, close to half of the down payment came from RRSP or non-RRSP savings. Approximately one-quarter of the average households down payment came from existing home equity. 

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