TREB Market Report for November 20134

According to the TREB Market Report for November there were a total of 6,519 residential transactions reported through the TorontoMLS system in November 2014. This resulted in a 2.6% increase compared to 6,354 sales reported for the same month in 2013. Through the first 11 months of 2014, the total sales amounted to 88,462 - an increase of 6.6% compared to the same period in 2013 although the supply of listings remained constrained, with active listings at the end of November down in comparison to last year. The average selling price for November transactions was up by 7.4% year on year to $577,936. The year to-date average price was up by 8.4 per cent to $567,198. 

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