[Infographic] Toronto Real Estate Market Report - November 2013

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Housing Affordability is Top of Mind in the GTA

The average selling price for November 2013 Toronto MLS transactions was $538,881 – up 11.3 per cent from last year. Despite strong price growth and an uptick in borrowing costs this year, Dianne Usher, Toronto Real Estate Board President, says monthly mortgage payments on the average priced home remain affordable for a household earning the average GTA income. Here’s a breakdown of this month’s Toronto Real Estate Board Market Watch report.

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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 client.care@century21.ca. We’d be happy to refer you to a local real estate expert or arrange for a private viewing of Toronto homes that best fit your needs!!

Source: Toronto Real Estate Board (TREB) October 2013 Market Watch

 

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