Supply Remains Tight - Still a Sellers’ Market
February 22nd, 2012 
Linda Lilley
Sales Representative

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The Greater Toronto Area's housing market rebound continued through September following 3 months of the highest volume, in those months, of Real Estate transactions in Toronto's history.  In September  the GTA's volume of sales was up 28% and the average price of $406,877 was up 10% compared to the same month last year.  Clearly consumers have remained confident in housing ownership as a long-term investment.

The Toronto Real Estate Board's (TREB) Senior Manager of Market Analysis projects that "Existing home sales will finish strong this year, pushing through the 80,000 mark and moving in line with some of the best years on record." 

The average September sale prices for homes in 14 central Toronto regions are:

W01   $  452,615                            E01    $  474,846
W02       462,874                            E02        573,495
                                                     E03        401,036

C01    $  406,163                           C08      $  374,572
C02        790,425                           C09       1,048,314
C03        577,839                           C10          701,242
C04        767,426                           C11          608,812
                                                    C12       1,171,743 

If you plan to Sell &/or Buy a Home any time soon...

Call me at 416-322-8000 
-
or-
Email me at  LLilley@BosleyRealEstate.com 


I'm here to help.
I provide top quality service, excellent process and market knowledge
plus strong communication and negotiating skills - with integrity, care and a dash of humour to boot!

You Deserve No Less!


          

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