GTA Market Growth Continues in 2016
February 3, 2016 -- The Toronto Real Estate Board (TREB) announced a strong start for the GTA housing market. Greater Toronto Area REALTORS® reported 4,672 residential transactions, an 8.2 per cent increase compared to January 2015 and the average selling price up 14.1 per cent. According to a recent polling conducted for TREB by Ipsos, the demand for home ownership remains strong with 12 per cent of GTA households seriously considering the purchase of a home in 2016.
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Data Source: Toronto Real Estate Board (TREB) Market Watch