Strong Sales/Price Growth Continue in 2012 (Peel & Dufferin Market Update)

Peel & Dufferin Region Market Update February 2012

February 3, 2012 — Greater Toronto REALTORS® reported 4,567 sales through the TorontoMLS® system in January 2012. This number was 8.8 per cent higher than the 4,199 sales reported in January 2011. Sales growth was strongest for low-rise home types in the regions surrounding the City of Toronto.

Caledon, Orangeville, Brampton, Mississauga Market Stats
Click to View PDF of Peel & Dufferin Market Stats
 
“A favourable affordability picture bolstered by very low posted fixed mortgage rates has kept home buyers confident in their ability to achieve the Canadian goal of home ownership,” said Toronto Real Estate Board President Richard Silver.
 
“The buyer pool remains diverse in the GTA with strong interest in home types across the pricing spectrum,” continued Silver.

The average selling price for January 2012 transactions was $463,534 – up by almost nine per cent compared to January 2011.
 
 

“Low inventory levels have kept competition between buyers strong, resulting in robust annual rates of price growth over the last year. Strong price growth is expected to attract more listings. A better supplied market should result in a slower rate of price growth, especially in the second half of 2012,” said Jason Mercer, the Toronto Real Estate Board’s Senior Manager of Market Analysis.

— Information Courtesy of the Toronto Real Estate Board

  

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Caledon “Tuscan” – 10 Acres with Hilltop Views & Vineyard

Amazing Sunsets  

2 Acre Vineyard 

2-Year Old, 4200 Sq. Ft. 

4 Bedrooms, 4.5 Baths 

Kitchen with Wood Oven 

Centre Island, Butler’s Pantry 

9 Ft. Ceilings/ Maple Flrs. Thru-Out 

Master 6-Piece Ensuite 

Walk-out Basement

$1,875,000 

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New Price! Caledon Open Concept Bungalow on 2.45 Acres

Single Land Drive, Detached Workshop, Board and BattenCreek & Trails Through Forest 

Detached 25×28 Ft. Steel Workshop 

Quality Construction 

3 Bedrooms & 2 Bathrooms 

Great Room with Ledge Rock Fireplace 

Heated Oversized Single Garage 

Tiled Front Porch & Rear Decking 

Fabulous Retirement Home!

$574,900  New Price! 

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Well Maintained 4-Bedroom in Great Location in North Brampton

4-Bedroom, BramptonFabulous Location!

Close to 410

Quiet Street & Fenced Yard

4-Bedroom, 2.5 Bathroom

2350 Sq.Ft.  & Double Garage

Gas Fireplace in Family Rm

Cathedral Ceilings in Family Rm

Open Concept Kitchen/Dining

Giant Shed w/ Hydro

  $458,900

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Custom Built Brick Bungalow in Estate Subdivision

3 Bedroom + Loft + Den

Crown Mouldings, Hardwood & California Shutters throughout

Granite Kitchen w/ Breakfast Bar

Great Room w/ Gas Fireplace

 Wrap-Around Decking & Extensive Landscaping

Fenced Backyard w/ Dog Kennel

Insulated Shed w/ Hydro

$794,900

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Extensively Renovated 3 Bedroom Bungalow on Half Acre

Renovated Bungalow in Caledon on Half Acre

Mature Landscaping

3 Bedroom Bungalow

Insulated 2-Car Garage with Workshop Addition

New Kitchen w/ Breakfast Bar

Hardwood Flooring

New Interior Doors/Trims

Partly Finished Basement

Rec Room with Fireplace

$489,900

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