Sales and Average Price Up in March

TORONTO, April 3, 2014 – Toronto Real Estate Board President Dianne Usher announced

that Greater Toronto Area REALTORS® reported strong year-over-year increases in

Toronto MLS home sales and the average selling price in March 2014. Home ownership

affordability, backstopped by low borrowing costs, continued to be a key factor

underlying this growth. 


A total of 8,081 sales were reported in March 2014 – up by 7.2 per cent in comparison to

March 2013. Sales growth was much stronger in March compared to the first two months

of the first quarter. Sales for Q1 as a whole were up by three per cent compared to the

first three months of 2013. 


Source: Toronto Real Estate Board Market Watch

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Janet Chau

Janet Chau

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