Moderate Price Growth and Better Supplied Market in Toronto for June 2017
Monday Sep 25th, 2017
Property Values Continue to Grow Year Over Year again in Toronto as New Flux of Inventory Comes to Market!
June 2017 sales were strong again with 7,974 sales a decrease compared with June last year. Listings were up by 15.9% representing more opportunity for buyers. Average selling prices grew by 6.3% year over year. A much healthier growth than we've seen recently leading to a more balanced Market!
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.
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...
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