Toronto on track for record house sales this year

Toronto is on track to see a record number of house sales this year as demand — and prices — continue to climb beyond almost anyone’s expectations, even for condos.

More than 8,000 homes sold across the GTA in September, bringing the number of transactions up almost 11 per cent for the first three quarters of 2014 compared to the same period last year, according to figures released by the Toronto Real Estate Board Friday.

Prices were up 8.5 per cent for the same period, year over year, with the average year-to-date price, for houses and condos combined, hitting $563,813, says TREB.

For full article by: Susan Pigg Business Reporter, Published on Fri Oct 03 2014 please click here



Samar Manuel

Samar Manuel

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CENTURY 21 Infinity Realty Inc., Brokerage*
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