1. RyanRoberts Broker
ca
Working By Referral
May Market Update
Well, what can I say, not much a change here...we are still rolling along with an increase in values. Buyers still face
the reality of multiple offers for the best of areas and houses that are not asking far more than their value.
Here is the breakdown: 10,350 transactions through the TorontoMLS system in April 2012. This level of sales was
18 per cent higher than the 8,778 firm deals reported in April 2011. The strongest sales growth was reported in the
single-detached market segment, with transactions of this home type up by 22 per cent compared to a year ago.
“Interest in single-detached homes has been very high, both in the City of Toronto and surrounding regions.
Growth in single-detached listings has not kept up with demand, which means competition between buyers in this
market segment increased. With this in mind, it was no surprise that the strongest annual price increase was also
experienced in the single-detached segment,” said Toronto Real Estate Board President, Richard Silver.
The average price for April 2012 transactions was $517,556 – up 8.5 per cent compared to April 2011. While
price growth was strongest for single-detached homes, the better-supplied condominium apartment segment
experienced a more moderate annual rate of price growth, at four per cent.
“Monthly mortgage payments remain affordable for home buyers in the Greater Toronto Area. While interest rates
are generally expected to increase over the next two years, the extent and timing of rate hikes has been thrown
into question by slower than expected economic growth in the first quarter of this year. On net, borrowing costs
are expected to remain a positive factor influencing home sales through 2012,” said Jason Mercer, TREB’s Senior
Manager of Market Analysis.
Average City of Toronto home value, year-to-date: $532,871
The real estate business is a
TorontoMLS Average Resale Home Price relationship business that
Monthly with Three Previous Years for Comparison is built over time. I believe
$550,000 2009 2010 2011 2012 the greatest and most ful-
$500,000 filling business is built on
$450,000 referrals. So I would like
to say that I am never too
$400,000
busy for your referrals.
$350,000 It would be an honour to
$300,000 serve a friend or family
member of yours.
-Ryan
Source: Toronto Real Estate Board
Explanation: This chart plots the monthly MLS® average home price for the current year and the
previous three years. The recurring seasonal trend can be examined along with comparisons to previous
Continued on back -->
years for each month.
BOSLEY REAL ESTATE LTD., BROKERAGE • 290 MERTON STREET, TORONTO M4S 1A9
BUS: 416-519-4040 • FAX: 416-322-8800
email: ryan@ryanroberts.ca • www.ryanroberts.ca
twitter.com/TOrealestate • blog.mydreamtorontohome.com
Printed on 100% post-consumer recycled paper

2. RyanRoberts Broker
ca
Working By Referral
Top 5 Green Books
1) Natural Capitalism By Paul Hawken, Amory Lovins, L Hunter Lovins
2) The Lorax by Dr. Seuss
3) An Inconvenient Truth by Al Gore
4) Silent Spring by Rachel Carson
5) Cradle To Cradle by Michael Braungart
Happening This Month In Toronto
Music:
• The Avett Brothers - The Danforth Music Hall - May 16, 2012
• Dave Matthews Band - Molson Canadian Amphitheatre - June 2, 2012
Art:
• Picasso - 147 Pieces From His Private Collection - The AGO
Restaurant:
Looking for an affordable Indian Restaurant, huh, well here you go...
Banjara - 796 Bloor St West (The South West corner of Christie Pitts). This is an old burger joint, to be honest they
haven’t put much effort into making it look any other way.
Monthly Brain Engagement:
The TreeHouse Group Talks - is a collective of Toronto-area thinkers who promote the exchange of ideas by
bringing together people from diverse backgrounds. On the second Friday of every month, come to the Toronto
Reference Library and listen to some of Toronto’s most interesting people present their work in an unusual way.
Oh, it’s totally free!
http://treehousegroup.org
Listing of the Month
33 University Avenue, Unit 909
Offered for Sale at: $1,200,000
BOSLEY REAL ESTATE LTD., BROKERAGE • 290 MERTON STREET, TORONTO M4S 1A9
BUS: 416-519-4040 • FAX: 416-322-8800
email: ryan@ryanroberts.ca • www.ryanroberts.ca
twitter.com/TOrealestate • blog.mydreamtorontohome.com
Printed on 100% post-consumer recycled paper