Toronto Real Estate’s Best October Ever!

J&D ShieldNovember 5, 2015- The Toronto Real Estate Board’s Market Watch Report is out today- the average sale prices in the GTA are up 7.3% from this time last year. The average detached house price in the 416 area is now $1,071,394 and $1,648,907 in Central Toronto. The average sale price of a 416 condo apartment is now $406,792, $466,990 in Central. Inventory remains tight, especially for houses under $1,500,000 so, although we expect our new government may introduce changes that could affect borrowing and buying costs, the overall sentiment is that the Toronto real estate market will remain buoyant into 2016. Read the full TREB report and visit TOREALESTATE.CA– your source for information on how to Retire Well- Andrea Stark, Sales Representative, SRES, Royal LePage R.E. Services, Ltd, Johnston & Daniel Division, Brokerage- 416-489-2121

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