Strong Growth in Home Sales and Price in March and 1st Quarter 2016

The Great Toronto Area Realtor ® reported 10,326 sales in March and 22,575 sales in the first quarter 2016. The year-over-year growth rate for sales was 16.2 per cent for March 2016, and 15.8 per cent for first quarter 2016. The average selling price for all home types combined was up 12.1 per cent year-over-year in March and 13.6 per cent in the first quarter. See the following graph for details. 

Data Source: Toronto Real Estate Board (TREB) Market Watch

 

Rosy Zheng

Rosy Zheng

Broker
CENTURY 21 Leading Edge Realty Inc., Brokerage*
Contact Me