House and Condo Values Still Strong as New Listings Increase in May 2017 - Here is Your Mid-Spring Market Update!
Monday Sep 25th, 2017
Strong Growth in Property Values again in Toronto as New Inventory Comes to Market!
May 2017 sales were strong again with 10,196 sales An Increase compared with April last year but a decrease from last month. Average selling prices grew by 14.9% year over year.
Prices have risen in Toronto recently due to lack of inventory in the marketplace However new inventory has finally started to make its way into the market easing up the sharp price increases.
Condos are now in as much demand as houses in the downtown core with multiple offers the new normal for all home types across the board.
If you are considering selling now IS the perfect time to benefit from the rising market!
If you are thinking about buying now is the time to get in!
Contact me for more details... gaelen@gaelenpatrick.com or direct at 416-801-9265
Check out the detailed report here...
Post a comment