Month: November 2012

November Statistics Show Toronto Real Estate Market Stays Strong

November 5, 2012- Again, the statistics show an increase in sale prices of resale homes in Toronto. For instance, in C04, (Lawrence Park North/ North Toronto), the average sale price of detached homes increased 7.5% from this time a year ago. But the amount of sales is down as fewer buyers qualify under the new tougher Canadian lending rules. Demand is still high though, especially for low-rise homes. Read the full details in TREB’s Market Watch Report.