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.
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Here’s a quick look at the numbers. Feel free to share this infographic.
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Data Source: Toronto Real Estate Board (TREB) Market Watch