GTA Commercial REALTORS? Report Commercial Market Figures
TORONTO, February 5, 2013 -- Toronto Real Estate Board (TREB) Commercial Division Members reported almost 392,000 square feet of leased industrial, commercial/retail and office space through the TorontoMLS system in January of 2013. This result, for properties sold on a per square foot net basis and for which pricing was disclosed at time of reporting, was down by approximately 15 per cent in comparison to January 2012.
More than 75 per cent of space leased in January involved industrial properties. The amount of leased industrial space was down by close to 25 per cent compared to January 2012. The average lease rate was $5.25 per square foot net. This average rate represented an 11 per cent increase compared to January 2012.
“A slow recovery in the export sector has presented headwinds for the industrial sector. However, the consensus outlook is for continued economic growth in 2013 in Canada. It is felt that improving global economic conditions will bolster exports. With this outlook in mind, it is likely that some industrial firms who put real estate investment on hold will once again become active in the market,” said TREB Commercial Division Chair Cynthia Lai.
There were a combined 40 industrial, commercial/retail and office transactions in January – down from 58 sales in January 2012. The change in the average selling price per square foot was mixed and remained somewhat volatile on a year-over-year basis due to changes in the type, size and location of properties sold in January 2013 versus January 2012.
“The large annual rate of price growth for industrial properties was due to the fact that no property larger than 50,000 square feet sold this past January versus four such transactions in January 2012. Larger properties generally sell at a lower price per square foot,” said Lai.
“In the office market, the overall average selling price for January was up substantially over last year because the geographic breakdown of sales changed. This year there were more office transactions in the City of Toronto. All else being equal, office selling prices in the City of Toronto are higher compared to surrounding regions,” continued Lai.
January 2013: Per Square Foot Net Commercial Leasing Summary
Lease Transactions Completed on a Per Square Foot Net Basis with Pricing Disclosed on TorontoMLS
Leased Sq. Ft. (Price Disclosed, Per Sq.Ft. Net)
Avg. Lease Rate (Price Disclosed, Per Sq.Ft. Net)
Jan. 2013
Jan. 2012
% Change
Jan. 2013
Jan. 2012
% Change
Industrial
298,284
395,943
-24.7%
Industrial
$5.25
$4.73
11.1%
Commercial
65,315
21,611
202.2%
Commercial
$15.91
$21.66
-26.5%
Office
28,285
43,488
-35.0%
Office
$10.81
$10.20
5.9%
Total
391,884
461,042
-15.0%
Source: TREB Commercial Division
January 2013: Commercial Sales Completed with Pricing Disclosed on TorontoMLS
Sales (Price Disclosed)
Avg. Sale Price Per Sq. Ft. (Pricing Disclosed)
Jan. 2013
Jan. 2012
% Change
Jan. 2013
Jan. 2012
% Change
Industrial
17
27
-37.0%
Industrial
$119.96
$60.27
99.0%
Commercial
17
22
-22.7%
Commercial
$92.18
$149.52
-38.3%
Office
6
9
-33.3%
Office
$325.25
$172.12
89.0%
Total
40
58
-31.0%
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JUSTIN T
2013-02-06 10:35
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尿尿（xixu)送三个字自己去想：酸、贪、悲！
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刀近平
2013-02-05 23:20
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现在出手买房还不算太迟，再等就只有继续上一年祥林嫂式的日子了😁
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hongyuincanada
2013-02-05 22:59
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http://tosolds.ca/?cat=3
这个网站可以看到所有GTA刚售出的房子信息。
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hongyuincanada
2013-02-05 22:53
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http://tosolds.ca/?cat=3
这个网站可以看到所有GTA刚售出的房子信息。
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toren
2013-02-05 19:57
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Not bad, at least you are thinking.
Jan 1-14, 2013 vs 2012 UP 16.7% HOT !!!!
Jan 1-31, 2013 vs 2012 DOWN 5.2% COLD !!!!
Somthing has happened?
What happened?
What's happening?
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heap51
2013-02-05 20:54
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You had me lost for a moment, what you mean is some people backed out from a deal? Or you mean treb is making up those numbers?
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toren
2013-02-05 21:00
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回复 heap51：Nothing about what you said.
Even though your guess was right, people backing out made a 20% turn around, wuh, what's behind their mind?
No, the thing is if this market was so inconsistent, what does it represent?
Or, who made this inconsistence?
Yeah, one of my guess is these numbers are not real.
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Yli33
2013-02-05 21:08
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回复 toren：What are you talking about?
GTA REALTORS? RELEASE MONTHLY RESALE HOUSING FIGURES
TORONTO, February 5, 2013 -- Greater Toronto Area REALTORS? reported 4,375 transactions through the TorontoMLS system in January 2013. This number represented a slight decline compared to 4,432 transactions reported in January 2012.
“The January sales figures represent a good start to 2013. While the number of transactions was down slightly compared to last year, the rate of decline was much less than what was experienced in the second half of 2012. This suggests that some buyers, who put their decision to purchase on hold last year due to stricter mortgage lending guidelines, are once again becoming active in the market,” said Toronto Real Estate Board (TREB) President Ann Hannah.
“It is interesting to note that sales were up for many home types in the GTA regions surrounding the City of Toronto. This is due, at least in part, to the additional upfront land transfer tax in the City of Toronto,” added Ms. Hannah.
The average selling price for January 2013 sales was $482,648 – up by 4.3 per cent compared to $462,655 in January 2012. The MLS? Home Price Index (HPI) Composite Benchmark price was up by 3.8 per cent over the same period.
“There will be enough competition between buyers in the marketplace to prompt continued growth in home prices in 2013. Expect annual average price growth in the three to five per cent range this year,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.
Greater Toronto REALTORS? are passionate about their work. They are governed by a strict Code of Ethics and share a state-of-the-art Multiple Listing Service. Over 36,000 TREB Members serve consumers in the Greater Toronto Area. The Toronto Real Estate Board is Canada’s largest real estate board.
http://www.torontorealestateboard.com/market_news/release_market_updates/news2013/nr_market_watch_0113.htm
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展开 4 条回复
xuxi
2013-02-05 19:09
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不晚不晚，赶紧抢offer去
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toren
2013-02-05 18:39
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Spend a few minutes to make a comparision with the data for Jan 1-14
The whole month vs first-half of the month. Anything interesting?
上半月的"量价齐升" 到月底变成了什么?
http://www.torontorealestateboard.com/market_news/release_market_updates/news2013/nr_mid_month_0113.htmhttp://www.torontorealestateboard.com/market_news/release_market_updates/news2013/nr_mid_month_0113.htm
简单比较一下416区SEMI房
上半月销售升16.7%, 全月跌5.2%, 相差21.9%.
如果这个数据没有作假, 就说明了市场的变化是大头冲下, 二月会是如何?
如果不出意外,我们在二月还会见到同一市场变化模式.
地产局有没有在数据上动手脚? 目的是什么?
一月GTA销量止跌 公寓销量价格双降