Continued price growth well-above the rate of inflation
According to Jason Mercer, TREB’s Director of Market Analysis, record sales coupled with a constrained supply of listings in many GTA neighbourhoods has underpinned very strong price growth throughout 2015. "Even if we do see a greater supply of low-rise listings in the marketplace over the next year, market conditions will remain tight enough to see continued price growth well-above the rate of inflation.” said Mr. Mercer.
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