Toronto Real Estate Board release Octobers Housing Data

According to figures released by the Toronto Real Estate Board there were a total of 8,552 sales through the TREB System in October 2014. This result represents an increase of 7.7 per cent compared to October 2013. New listings were also up on a year-over-year basis, but by a lesser 3.4 per cent. The average selling price for October 2014 transactions was $587,505, reflecting an increase of 8.9 per cent compared to the average of $539,286 reported in October 2013. 

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