March 6th, 2014- The average sale price of a home in Toronto is up 8.6% from this time last year. Sales are up over 2%. The pent up demand for homes and the continued lack of inventory, along with low borrowing costs, the appeal of a solid investment, and the excitement of real estate in general, keeps the market tight. Read the full Market Watch report, just released by the Toronto Real Estate Board. This info courtesy of Andrea Stark, Sales Representative, Royal LePage/ J&D Division, Brokerage.