Real estate markets, just like stock markets or commodities markets, are in a constant state of flux. With people continually re-evaluating what they're willing to pay for Toronto Beaches real estate as they take stock of their earnings, the average market value for a house changes all the time. Each city has its own market, which makes it exponentially more difficult to keep track of everything that's going on. But if you live in Toronto, there's an easy way to keep up to speed: the Market Watch segments put out by the Toronto Real Estate Board.

Market Watch is a regular feature of the Toronto Real Estate Board website. It comes out twice a month, each time taking into account the newly reported statistics from their member realtors and from independent study groups. To read the twice monthly Market Watch segments, both Etobicoke real estate agents and ordinary citizens can visit the Toronto Real Estate Board website at www.torontorealestateboard.com and click on the 'News/Market Watch' link under the 'Consumer Info' tab. Reports come out at the beginning and middle of the month.

Market Watch reports on the latest figures for both residential and commercial real estate, but not at the same time. The residential reports are compiled by and for the residential arm of the Toronto Real Estate Board, which is known as the GTA Realtors. It would include things like the resale values of Yonge and Eglinton condos. Meanwhile the commercial arm of the Toronto Real Estate Board, which refers to itself as TREB Commercial Realtors, does the commercial reports, which are more concerned with office space and industrial lands.

Market Watch is available to read as a PDF, because it contains pie graphs of the market shares that each type of housing gets (e.g. condos vs houses vs row house), bar graphs of how the median housing price is holding up against previous years, maps of the different districts, and tables of sales volumes and prices. This makes it very convenient for you to download to your iPod or e-reader so you can go over it on the bus on your way to the meeting on refinancing in Mississauga. The Market Watch reports are only about 16 pages long, so they're a must-read for all realtors and real estate brokers.

Realtors aren't the only ones who might be interested in the Market Watch reports, though. Anyone who is considering making a real estate transaction should keep an eye on the reports to see when is the best time to sell. It's for people who are planning on putting their homes on the Thornhill real estate listings soon. It's for buyers who are waiting for a market that favors them. And it's for house flippers who are looking for the best areas and the best times to maximize their profit margins.