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MARKET STATISTICS - NOVEMBER 2017

Thursday Dec 07th, 2017

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On a year-over-year basis, sales were down by 13.3 per cent compared to November 2016. Click To View November Stats A wave of new listings pushed home prices lower in Toronto in November as sellers try to lock in deals before new mortgage stress-testing rules take effect in January. The Toronto Real Estate Board (TREB) said the average home sold for $761,757 in the Greater Toronto Area (GTA) in November, down 2.4 per cent compared with October. The November drop halted a modest price... [read more]

MARKET STATISTICS - DECEMBER 2016

Tuesday Jan 24th, 2017

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Average price of a single detached home in December across GTA went up almost 21% compared with 2015 and it doesn't look price growth will slow down anytime soon due to a shortage of properties on the market. Condo market showed strongest sales rates followed by detached homes market.  Full Reports: www.fuadhomes.com/real-estate-news Price growth accelerated throughout 2016 as the supply of listings remained very constrained. Active listings at the end of December were at their... [read more]

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