Blog

Mid-August Resale Figures Released

The Toronto Real Estate Board reported 2,706 sales for the first 14 days of August 2017. This result was down by 35.6% compared to the first 14 days of August 2016.

Over the same period of time, the number of new listings was down by 10% on a year-over-year basis. New listings were down in the City of Toronto and the surrounding regions making up the GTA.

The average selling price during the first two weeks of August, at $731,614, was up 3% compared to the same period in 2016. Overall average price growth was driven by the condominium apartment and semi-detached market segments, which experienced double-digit average annual rates of price growth.

Full news release (PDF)

 

If you want to buy or sell a Toronto condo or loft, contact Casey Ragan at 416-486-5588 or by email at casey@remaxhallmark.com

 

Casey Ragan

“Toronto’s Condo Authority”

Toronto Condos and Lofts

Like Me on Facebook

Follow Me on Twitter

Link to Me on LinkedIn



Address

RE/MAX Hallmark Realty Ltd., Brokerage
723 Mount Pleasant Road
Toronto, ON
M4S 2N4

Brokerage

 

Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Information is deemed reliable but is not guaranteed accurate by TREB.

Toronto Real Estate Board - IDX Last Updated: 9/20/2017 7:52:53 PM