Toronto Real Estate Reports Yet Another Record Breaking Month

housing_charts3September 9, 2016- Since this time last year, sales are up 23.5% and the average sale price is up 17.7%. The average detached house in the 416 area sold for 21.5% over August 2015 and the average condo sale was up 9.8%. With interest rates remaining at record lows and demand for our city high, the feeling in the industry is that the real estate market will continue to be strong going forward. Read all the statistics in TREB’s Market Watch Report and visit TOrealestate.ca– Andrea Stark, Sales Representative, Royal LePage RES Ltd./ J&D, Brokerage, for real estate advice and personal assistance. 416-489-2121

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