Home Sales Hit Record Levels in April 2015!
Toronto area home sales hit a record high in April, with sales up a 17 per cent year over year across the GTA and prices up 10 per cent, according to figures released by the Toronto Real Estate Board.
The fact that demand remains so high despite limited supply – new listings were up five percent in April, but active (total) listings down more than 10 per cent over a year ago – means strong price gains are likely for the remainder of 2015, said TREB’s director of market analysis, Jason Mercer.
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