Toronto’s Mid-Month Resale Housing Market
Toronto Real Estate Board’s mid-month report for January 2012 is out. There were 1,506 sales through the MLS® system in Toronto. Compared to this time the previous year, this represents a six per cent increase.
“The market didn’t miss a beat after the holiday season, with robust sales growth continuing and sellers’ market conditions remaining in place. Strong competition between buyers continued to push the average selling price higher in the Greater Toronto Area relative to a year ago,” said Toronto Real Estate Board (TREB) President Richard Silver.
Here are the details from today’s press release:
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