Greater Toronto Housing Report Infographic – July 2012

Total sales and average selling price in the Greater Toronto Area (GTA) were up compared to the same period last year.

“The GTA housing market became better-supplied in recent months.  Buyers benefitted from more choice in the market place, resulting in less upward pressure on the average home price in July,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

“The mix of homes sold in July 2012 versus July 2011 also appears to have changed, further influencing the average selling price.  This is evidenced by the different annual rates of growth between the overall average price and the MLS HPI®,” continued Mercer.

Information for this month’s infographic was taken from TREB’s July 2012 Market Watch report.

 

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