The Toronto real estate market added a whole weeks worth of supply since April’s 3 weeks of inventory. The market is still hot although some sectors have “cooled” as inventory increased and general consumers have options. It definitely appears as though prices are off slightly from the highs witnessed late March. If you want more then
Browsing tag: monthly market update
FEB MARKET STATS: Condo prices are up 19% year to date while houses are up 26%. There is currently 3 weeks worth of supply in the real estate market which is very low… 50% less than last year. For an in-depth review of current market trends and stats feel free to call me anytime.
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.