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November Residential Homes Sales and Prices Still on the Rise

Wednesday Dec 10th, 2014

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The continued climb in sales of Toronto residential homes continues to identiy the Toronto Real Estate market as a quality, long-term investment.  Monthly housing market statistics for November 2014 show yet another increase in sales, with 6,519 residential transactions last month, an increase of 2.6% over October 2014. Sales to date for 2014 are up an incredible 6.6% over the same period in 2013, with 88,462 residential homes sold. Homeowners are getting the deals done and transactions... [read more]

2014 a Banner Year for Sales of Toronto Residential Homes and Properties

Wednesday Jan 14th, 2015

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To say 2014 was a banner year for sales of Toronto Residential Homes may be an understatement. While prices certainly increased over 2013, there are a few factors driving the market to its current high level state. Affordability does not seem to be at issue, since sales are continuing to climb and current homeowners are able to manage their monthly mortgage payments. For some types of homes, including condo and semi-detached homes, listings were down while demand remained high,... [read more]

Sales of Residential Homes Off to a Strong Start in 2015

Wednesday Feb 11th, 2015

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2014 was indeed a banner year for sales of Toronto residential homes and properties, but all indicators so far point to 2015 being as strong or even surpassing the tremendous sales of last year.  From a year over year standpoint, January 2015 showed a 6.1% increase in home sales over January 2014.  In addition, over the same period, new listings soared by 9.5%.  This is good news for the Toronto real estate market as well as current homeowners and those looking to... [read more]

Toronto Residential Home Prices Exceed the $1M Mark in February 2015

Thursday Mar 12th, 2015

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If 2014 was considered a successful year in terms of Toronto Real Estate, then the first few months of 2015 are continuing and building on that trend. For the first time, the average price of a detached home in Toronto has surpassed the $1M mark. This is well above the average selling price in the GTA which was $694,285. All eyes are on residential homes and properties for sale in the Toronto market to see what will happen next. There is a simple explanation for the rising prices... [read more]

September 2014 Toronto Real Estate Market Report

Wednesday Oct 29th, 2014

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The Toronto Real Estate Market continues to flourish, proving that real estate is an investment for the ages.  By looking at current numbers compared to last years (as well as previous years), the favourable results garnered from investing in a Toronto residential home are clear.  There were 8,051 transactions reported in September, which is a 10.9% increase over last year. Toronto is up 6.9% compared to 2013 with 73,465 transactions.  Additionally, selling prices continue to... [read more]

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