Toronto Sales down from last December but finishes the year off Strong in Price Growth!

Monday Jan 29th, 2018


Toronto Property Values are Up Again Year Over Year as the Toronto Market Finishes the Year off Strong!

December 2017 - 4,930 sales changed hands a decrease in sales compared with November of this year and down from the same time last year. 

Average selling prices grew by 7.2% year over year. A much heftier growth than we've seen recently probably due to new incoming  mortgage rules on Jan 1 2018.

Condos are now starting to increase in value by a higher percentage compared to houses. This will represent a harder time for first time home buyers and buyers priced out of houses.

The New Mortgage Lender stress Tests coming into play January 1st 2018 for buyers with 20% or more as a downpayment will definity play a role in affordability come the new year. Contact me to find out just what this might mean for you.

Contact me for more details: or direct at 416-801-9265

Check out the detailed report here...

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