Toronto Home Stats For January Are Out: Values Keep Increasing

SSPFebruary 7th, 2013- Sales were up more for GTA properties outside of the City of Toronto due to the added Toronto Land Transfer Tax, (go to http://www.letsgetthisrighttoronto.ca/ to help get rid of that). The number of sales decreased .1% (barely) and average sale prices rose 4.3%. Bottom line: don’t put off selling or buying. Interest rates are still crazy low, prices are not going crazy but Toronto homes are holding their value and sales are continuing on. Read TREB’s full Market Watch Report here.

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