August 2016 - Market Watch

Another Record Month for GTA Sales & Price Growth

Greater Toronto Area REALTORS® reported a record 9,813 sales in August 2016, up 23.5 per cent from the previous year. Unfortunately, we did not see any relief on the listings front, with the number of new listings down compared to last year. Strong demand for home ownership coupled with favourable economic conditions and low borrowing costs continues to underpin strong price growth, irrespective of home type or area.

To read the entire article please click here.

Here’s a quick look at the numbers. Feel free to share this infographic.

If you are considering buying or selling a home or would like information about real estate in your area, contact me @ 416.450.4330, or email . I’d be happy to arrange for a private viewing of homes in your area!

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Edmond Ishag

Edmond Ishag

Real Estate Broker
CENTURY 21 Kennect Realty
in Service Agreement with CENTURY 21 Leading Edge Realty Inc., Brokerage*
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