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As the Toronto real estate market continues to rebound, home ownership demand is expected to stay strong as long as affordability remains in check with accommodative borrowing costs. Now is a great time to sell! October home sales (8,000) and average selling price ($539,058) were both up from the previous year, while inventory was down by 10.5%. Here’s a breakdown of the report from the Toronto Real Estate Board (TREB).
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 Toronto homes that best fit your needs!!