Robust Growth in Sales & Prices for February 2015
Greater Toronto Area REALTORS® reported 6,338 home sales through the TorontoMLS system in February 2015. This result represented a substantial 11.3 per cent year-over-year increase compared to February 2014. Robust demand for ownership housing in the GTA, coupled with a constrained supply of homes for sale made market conditions tighter, leading to more competition between buyers and strong year-over-year price growth, especially where low-rise home types like singles, semis and townhouses are concerned.
Here’s a quick look at the Greater Toronto market report for February 2015. Feel free to share this infographic on Facebook or Google+.
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 firstname.lastname@example.org. 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!!
: Toronto Real Estate Board (TREB) Market Watch