OCTOBER 2016 – REAL ESTATE MARKET STATS
November 15, 2016
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 as they can which means…. CHEAP MONEY FOR A LONG TIME & PRICE INCREASES IN COMMODITIES. We aren’t even taking into account proposed increase in Canadian Immigration from 250k to 450k annually – Americans not included.
Tags: Ave Sold Price, condo, Income properties, investment opportunity, Jimmy Vlachos, Jimmy Vlachos Income Properties, monthly market update, Real Estate Sold Statistics, Royal LePage Signature, Toronto, Toronto real estate
