Average House Price Outpacing the Rate of Inflation
According to statistics released today by the Toronto Real Estate Board (TREB), listings for single-detached, semi-detached houses and townhouses continue to be in short supply. The result has been an increase in pent-up demand and annual rates of price increases well above the rate of inflation.
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 email@example.com. 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