Monthly Resale Housing Figures

Did you know, there were an outstanding 7,621 transactions reported this past February - up by 21.1% compared to February 2015! The average selling price was up by 14.9% annually to $685,278. 

Yes, it's true - there is strong competition between buyers which has resulted in our current seller's market! Despite the new federal mortgage lending guidelines which require at least 10% down payment on the portion of purchase prices between $500,000 and $1,000,000, the market continues to soar. 

There's never been a better time than now to sell or buy your next home. If you're looking to take advantage of our current market trends, contact me! or 416-262-4519. 

Gina Banwait

Gina Banwait

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
Contact Me

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