Month: December 2014

Recent Toronto Real Estate Board Stats Show Continued Strength

JD logo SheildDecember 7, 2014- The stats are in- the number of sales are up from this time last year. As well, the average selling price is up 8.4% on a year to date basis with detached homes in the 416 area going for 9.4% more than this time last year, semis selling for 4.2% more, and condo apartments sale prices are up on average 2% since last year. Inventory is staying low for nearly all home types and interest rates are not expected to rise much, at least not till possibly a small hike by the end of 2015, (as the research leads one to believe). Read full details on the TREB report or go to TOrealestate for more info on the Toronto market and Retire Well!