DECEMBER MARKET STATS 2018
There were 12,388 less properties for sale this year from last year – a 16% drop in listing and a 4.3% drop in average sales prices in the GTA. Do you know where prices didn’t drop? TORONTO. Location Location Location!! The Gov of Can’s recent announcement putting interest rate increases on hold means we are going to get hot in the city and the shortage of supply is going to increase prices in the city and beyond.
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