Google+ FANNY LEE & THE TEAM :Own Homes. Grow Wealth. Pass It On.: Toronto Area Home Resale Market - October 2015

Thursday, November 5, 2015

Toronto Area Home Resale Market - October 2015

Toronto Real Estate Board (TREB) MarketWatch was released with the past month data.  October marked "the best result on record for the month of October."

Key Highlights:-
  • There were 8,804 resales through MLS in October, a 3.4% increase compared to October 2014.
  • Average selling price in October was $630,876 vs $587,945 a year ago.  
  • MLS Home Price Index (HPI) - gauging national housing price trend - raised 10% from 12 months ago.
  • Compared to October last year, there are more resales in condos (both 416 and 905 areas) and townhomes in 905 area.
  • Price growth was driven driven by low-rise market segment.
  • The total active listing is still -7.3% less than October 2014.
If you want to find out the market trend of your neighbourhood or what your property could sell for, do not hesitate to contact us.

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大多倫多樓市再創10新銷售紀錄!MLS系統錄得8,804單交易,平均售價為$631;較去年10月,量增3.4% 平均價升7.3%,而活躍䅹盤仍是7.5%少過2014 Oct.  如欲了解你區內行情或你的物業估值,請來電查詢。

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