Google+ FANNY LEE & THE TEAM :Own Homes. Grow Wealth. Pass It On.: TREB Market Watch May 2012 Hightlight

Tuesday, 5 June 2012

TREB Market Watch May 2012 Hightlight

TREB just relayed GTA May 2012 market data with home resales continued to outperform May 2011 with 10,850 transactions, increase of 11%.  The average GTA home resale price was $ 516,787.

Here we highlighted a few items for your perusal.

* 905 market grew faster in 905 zone than 416 area especially in detached, semi and condo

* Significant increase in new listings in May : need to monitor this key supply factor

For details, please refer to TREB Market Watch report.

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