[Infographic] Greater Toronto Area Market Report for August 2016

Another Record Month for GTA Sales & Price Growth

Greater Toronto Area REALTORS® reported a record 9,813 sales in August 2016, up 23.5 per cent from the previous year. Unfortunately, we did not see any relief on the listings front, with the number of new listings down compared to last year. Strong demand for home ownership coupled with favourable economic conditions and low borrowing costs continues to underpin strong price growth, irrespective of home type or area.

To read the entire article please click here.

Here’s a quick look at the numbers. Feel free to share this infographic.

If you are considering buying or selling a home or would like information about real estate in your area, contact a member of our Client Care team at 416.238.1542 or 1.800.362.0893, or email client.care@century21.ca. We’d be happy to refer you to a local real estate expert or arrange for a private viewing of homes in and around Toronto!!

Data Source: Toronto Real Estate Board (TREB) Market Watch

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