A 50% decrease in listings year to date with sale prices up 22% within the same period of time. The Dollar is at a 30% discount, we have an excellent immigration policy, there is no significant threat to safety on a national level and we are perceived as safe. The Yuan is dropping and investors
Browsing category Market Stats
November Sales Stats: Home Values up 17.2% YTD / Condos up 15% YTD. Rate increases have yet to affect sales volume or prices. The dominating influence on escalating real estate values continues to be a shortage of supply.
Average home sale price up 16.7% year to date. Average condo sale price up 12.5% – Folks those are Warren Buffet rates of return. Odd’s of a FED rate hike in December dropped to 51% and based on his “Make America Great Again” position the FED is going to have to print as much money
Prices up 16%. Sales volume up 11%. Days on Market down 27%. Interest rates aren’t going anywhere – if they were the Government wouldn’t be changing lending policy. While money is cheap assets will rise. Let me help you make your next move the right way!
The newest TTC subway map showing current housing prices across Toronto. This chart indicates the average sales prices of homes from June 2015 to June 2016.