November 7, 2011– The Toronto Real Estate Board’s Market Watch Report is out and confirms the continued strength of the Toronto market. In the past year, the number of unit sales are up. Prices keep rising. For instance, in the central C04 district, the average year-to-date price, (all home types), has increased by 14.9% in the last year!
It remains an ideal time to sell, even in November, as frustrated buyers try to find homes. Buyers are still benefitting from historicallly low interest rates and the knowledge that investing in one’s property is a safer bet than the stock market. Read the full report.