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+.
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: Toronto Real Estate Board (TREB) Market Watch